EFG Hermes dominates MENA capital market in Q1

Cairo - Mubasher: EFG-Hermes has topped capital market companies in the Middle East and North Africa (MENA) region in the first quarter of the year.

The group accounted for 63.4% of total transactions, fees, and commissions, amounting to $866 million out of the total $1.4 billion for the region, according to a report by Thomson Reuters.

The total number of issuances of stocks and bonds in the region recorded $104 billion in Q1-18, a surge of 158% year-on-year.

Hermes was followed by Emirates NBD with a 21.1% market share, Al Rajhi Group with 8.3%, and Ubhar Capital with 5.3%.

Mubasher Contribution Time: 17-Apr-2018 15:54 (GMT)
Mubasher Last Update Time: 17-Apr-2018 16:09 (GMT)

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