Latest news with #MoustafaGad
Zawya
07-05-2025
- Business
- Zawya
EFG Hermes optimistic on UAE listings of family firms
DUBAI: EFG Hermes, a leading investment banking and asset management firm, has highlighted the strength of the UAE's economic model, particularly in Dubai, underpinned by a dynamic real estate sector, robust tourism activity, and a thriving retail landscape. Speaking to the Emirates News Agency (WAM) on the sidelines of the third MENA Capital Markets Summit, Moustafa Gad, Global Head of Investment Banking at EFG Hermes, said the broad-based growth across key sectors will naturally reflect in the performance of the capital markets, which serve as a mirror of the vibrant and expanding economic landscape. Commenting on the topic of family business listings in the UAE, Gad said there are serious developments in this direction. 'Major family-owned firms are now seriously considering opening their capital to investors through public offerings. This move would not only inject new securities into the market, boosting liquidity, but would also strengthen corporate governance and institutionalise their operations,' he said. He expressed optimism that the coming period will witness more such listings, especially with government efforts encouraging family firms to join the capital markets. Gad revealed that active discussions are currently underway with several UAE-based companies, and that the environment is conducive to concrete steps being taken during 2025 and 2026. On the broader Gulf capital markets, Gad noted the impressive performance of key bourses last year, including in Dubai, Abu Dhabi, Saudi Arabia and Kuwait, underlining the diversification of initial public offerings. He pointed to the IPO of Talabat in Dubai as a key milestone, describing it as a strategic move to diversify market sectors and attract technology firms. Concluding, Gad said 2025 began strongly with the listing of Alpha Data in Abu Dhabi, and despite global and regional market uncertainty in previous months, IPO momentum has returned forcefully in the region.
Zawya
29-01-2025
- Business
- Zawya
EFG Hermes tops Mena Equity Capital Markets rankings
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa has announced that it has secured the top position in its 2024 Mena equity capital markets ranking of London Stock Exchange Group (LSEG). The Egyptian firm was named the #1 investment bank in the Mena Equity & Equity-Related category for 2024 by the London Stock Exchange Group (LSEG). These achievements reflect the firm's prominent position in the region and its ability to capture an impressive market share in transactions, including a leading number of senior roles. EFG Hermes led the Mena market in equity capital market (ECM) activity for 2024, completing 11 IPOs and six secondary offerings. The firm's ability to secure a significant number of senior roles across transactions underscores its trusted position as the partner of choice for high-profile capital market solutions in the region, said the company in a statement. EFG Hermes' leadership was evident in its execution across nine diverse sectors, including healthcare, technology, consumer finance, and education. Notable transactions include: Initial Public Offerings (IPOs): •The first tech unicorn listing on the main Saudi Exchange with Nice One •IPOs for Talabat, LuLu, Alef Education, Parkin, Spinneys, UIHC, Miahona, Beyout, Almoosa Health, and Fakeeh Care Group Secondary Offerings: •The landmark Aramco Follow-on Offering (FMO), one of the largest secondary offerings in the region •Two Accelerated Bookbuild Offerings (ABB) for ADNOC Drilling, demonstrating the firm's expertise in rapid and efficient capital raising These transactions were successfully executed across four major GCC exchanges - Tadawul, ADX, DFM, and Boursa Kuwait - cementing EFG Hermes' regional footprint and demonstrating its ability to operate beyond its home market. Mohamed Ebeid, the Co-CEO of EFG Hermes, said: "This year marks the highest deal count executed in a single year between ECM and M&A transactions. Capturing this deal count and maximizing our senior role leadership in Mena underscores clients' trust in our capabilities and the depth of such relationships." "We are committed to executing impactful transactions that not only drive client success but also contribute to the growth of the region's capital markets," he added. Moustafa Gad, Global Head of Investment Banking at EFG Hermes, said: "Our 2024 performance speaks volumes about the strength and resilience of our platform. Achieving the highest deal count in Mena ECM transactions, including 11 IPOs and 6 secondary offerings, underscores not only our leadership in numbers but also the breadth and depth of our capabilities." "What truly sets us apart is the diversity of markets, industries, and transaction sizes we cater to, demonstrating a sustainable, well-rounded approach to growth rather than relying on a single mega-deal to drive results," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Trade Arabia
28-01-2025
- Business
- Trade Arabia
EFG Hermes tops Mena Equity Capital Markets rankings
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa has announced that it has secured the top position in its 2024 Mena equity capital markets ranking of London Stock Exchange Group (LSEG). The Egyptian firm was named the #1 investment bank in the Mena Equity & Equity-Related category for 2024 by the London Stock Exchange Group (LSEG). These achievements reflect the firm's prominent position in the region and its ability to capture an impressive market share in transactions, including a leading number of senior roles. EFG Hermes led the Mena market in equity capital market (ECM) activity for 2024, completing 11 IPOs and six secondary offerings. The firm's ability to secure a significant number of senior roles across transactions underscores its trusted position as the partner of choice for high-profile capital market solutions in the region, said the company in a statement. EFG Hermes' leadership was evident in its execution across nine diverse sectors, including healthcare, technology, consumer finance, and education. Notable transactions include: Initial Public Offerings (IPOs): •The first tech unicorn listing on the main Saudi Exchange with Nice One •IPOs for Talabat, LuLu, Alef Education, Parkin, Spinneys, UIHC, Miahona, Beyout, Almoosa Health, and Fakeeh Care Group Secondary Offerings: •The landmark Aramco Follow-on Offering (FMO), one of the largest secondary offerings in the region •Two Accelerated Bookbuild Offerings (ABB) for ADNOC Drilling, demonstrating the firm's expertise in rapid and efficient capital raising These transactions were successfully executed across four major GCC exchanges - Tadawul, ADX, DFM, and Boursa Kuwait - cementing EFG Hermes' regional footprint and demonstrating its ability to operate beyond its home market. Mohamed Ebeid, the Co-CEO of EFG Hermes, said: "This year marks the highest deal count executed in a single year between ECM and M&A transactions. Capturing this deal count and maximizing our senior role leadership in Mena underscores clients' trust in our capabilities and the depth of such relationships." "We are committed to executing impactful transactions that not only drive client success but also contribute to the growth of the region's capital markets," he added. Moustafa Gad, Global Head of Investment Banking at EFG Hermes, said: "Our 2024 performance speaks volumes about the strength and resilience of our platform. Achieving the highest deal count in Mena ECM transactions, including 11 IPOs and 6 secondary offerings, underscores not only our leadership in numbers but also the breadth and depth of our capabilities." "What truly sets us apart is the diversity of markets, industries, and transaction sizes we cater to, demonstrating a sustainable, well-rounded approach to growth rather than relying on a single mega-deal to drive results," he added. -TradeArabia News Service
Khaleej Times
28-01-2025
- Business
- Khaleej Times
EFG Hermes secures top spot in MENA equity capital markets for 2024
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) announced its recent rankings in MENA equity capital markets in 2024. The Firm was named the #1 investment bank in the MENA Equity & Equity-Related category for 2024 by the London Stock Exchange Group (LSEG). T EFG Hermes led the MENA market in equity capital market (ECM) activity for 2024, completing 11 IPOs and 6 secondary offerings. The firm's ability to secure a significant number of senior roles across transactions underscores its trusted position as the partner of choice for high-profile capital market solutions in the region. EFG Hermes' leadership was evident in its execution across nine diverse sectors, including healthcare, technology, consumer finance, and education. Notable transactions include: Initial Public Offerings (IPOs): The first tech unicorn listing on the main Saudi Exchange with Nice One IPOs for Talabat, LuLu, Alef Education, Parkin, Spinneys, UIHC, Miahona, Beyout, Almoosa Health, and Fakeeh Care Group Secondary Offerings: The landmark Aramco Follow-on Offering (FMO), one of the largest secondary offerings in the region Two Accelerated Bookbuild Offerings (ABB) for ADNOC Drilling, demonstrating the firm's expertise in rapid and efficient capital raising These transactions were successfully executed across four major GCC exchanges— Tadawul, ADX, DFM, and Boursa Kuwait— cementing EFG Hermes' regional footprint and demonstrating its ability to operate beyond its home market. Mohamed Ebeid, Co-CEO of EFG Hermes, an EFG Holding company, said, 'This year marks the highest deal count executed in a single year between ECM and M&A transactions. Capturing this deal count and maximizing our senior role leadership in MENA underscores clients' trust in our capabilities and the depth of such relationships. We are committed to executing impactful transactions that not only drive client success but also contribute to the growth of the region's capital markets. Moustafa Gad, Global Head of Investment Banking at EFG Hermes, added, 'Our 2024 performance speaks volumes about the strength and resilience of our platform. Achieving the highest deal count in MENA ECM transactions, including 11 IPOs and 6 secondary offerings, underscores not only our leadership in numbers but also the breadth and depth of our capabilities. What truly sets us apart is the diversity of markets, industries, and transaction sizes we cater to, demonstrating a sustainable, well-rounded approach to growth rather than relying on a single mega-deal to drive results.' Looking ahead, EFG Hermes is projected to maintain the highest deal count in MENA ECM transactions for 2025, driven by its strong pipeline and ability to secure senior roles in upcoming high-profile deals. The firm's sector and market diversification provide a sustainable platform to replicate its success and continue leading the market. 'As we look to 2025, we are confident that our robust ECM pipeline, combined with the team's unmatched expertise, positions us to maintain our leadership and deliver exceptional value to our clients. We are not just leading the market; we are building a sustainable foundation to continue doing so for years to come, proving that our success is as dynamic and versatile as the markets we serve,' added Gad.
El Fagr
28-01-2025
- Business
- El Fagr
Position in MENA Equity Capital Markets for 2024 with
EFG Hermes Secures #1Market-Leading Executions Cairo، January 28، 2025 EFG Hermes، an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) announced its recent rankings in MENA equity capital markets in 2024. The Firm was named the #1 investment bank in the MENA Equity & Equity-Related category for 2024 by the London Stock Exchange Group (LSEG). These achievements reflect the firm's prominent position in the region and its ability to capture an impressive market share in transactions، including a leading number of senior roles. EFG Hermes led the MENA market in equity capital market (ECM) activity for 2024، completing 11 IPOs and 6 secondary offerings. The firm's ability to secure a significant number of senior roles across transactions underscores its trusted position as the partner of choice for high-profile capital market solutions in the region. EFG Hermes' leadership was evident in its execution across nine diverse sectors، including healthcare، technology، consumer finance، and education. Notable transactions include: Initial Public Offerings (IPOs): • The first tech unicorn listing on the main Saudi Exchange with Nice One • IPOs for Talabat، LuLu، Alef Education، Parkin، Spinneys، UIHC، Miahona، Beyout، Almoosa Health، and Fakeeh Care Group Secondary Offerings: • The landmark Aramco Follow-on Offering (FMO)، one of the largest secondary offerings in the region • Two Accelerated Bookbuild Offerings (ABB) for ADNOC Drilling، demonstrating the firm's expertise in rapid and efficient capital raising These transactions were successfully executed across four major GCC exchanges— Tadawul، ADX، DFM، and Boursa Kuwait— cementing EFG Hermes' regional footprint and demonstrating its ability to operate beyond its home market. Mohamed Ebeid، Co-CEO of EFG Hermes، an EFG Holding company، said، 'This year marks the highest deal count executed in a single year between ECM and M&A transactions. Capturing this deal count and maximizing our senior role leadership in MENA underscores clients' trust in our capabilities and the depth of such relationships. We are committed to executing impactful transactions that not only drive client success but also contribute to the growth of the region's capital markets. Moustafa Gad، Global Head of Investment Banking at EFG Hermes، added، 'Our 2024 performance speaks volumes about the strength and resilience of our platform. Achieving the highest deal count in MENA ECM transactions، including 11 IPOs and 6 secondary offerings، underscores not only our leadership in numbers but also the breadth and depth of our capabilities. What truly sets us apart is the diversity of markets، industries، and transaction sizes we cater to، demonstrating a sustainable، well-rounded approach to growth rather than relying on a single mega-deal to drive results.' Looking ahead، EFG Hermes is projected to maintain the highest deal count in MENA ECM transactions for 2025، driven by its strong pipeline and ability to secure senior roles in upcoming high-profile deals. The firm's sector and market diversification provide a sustainable platform to replicate its success and continue leading the market. 'As we look to 2025، we are confident that our robust ECM pipeline، combined with the team's unmatched expertise، positions us to maintain our leadership and deliver exceptional value to our clients. We are not just leading the market; we are building a sustainable foundation to continue doing so for years to come، proving that our success is as dynamic and versatile as the markets we serve،' added Gad. EFG Hermes' dominance in ECM activity for 2024 reflects its expertise، innovation، and commitment to sustainable growth. As the investment bank with the highest projected deal count and senior roles، EFG Hermes continues to drive value for clients and stakeholders across the region.
