EFG Hermes, an investment bank focused on the Arab world, has opened an office in the Syrian Arab Republic and launched a private equity fund that targets investments in the Syrian market.
Established in 1984, EFG Hermes specialises in investment banking, asset management, private equity, securities brokerage and research.
With listings on both the Egyptian and London stock exchanges, EFG Hermes currently has a market capitalization of around USD2.2bn.
The company has operations in Egypt, the UAE, the Kingdom of Saudi Arabia, Qatar, Lebanon, Kuwait and Oman.
It serves a client base from the Middle East and North Africa to Europe, Africa and the US. Clients include governments, corporations, financial institutions, high net worth individuals and retail customers.