November 25, 2024
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EFG Hermes considers move into insurance

Egypt’s EFG Hermes is mulling expansion into insurance and mortgage sectors after obtaining regulatory approval, the investment bank’s CEO Karim Awad said. Hermes is also looking to enter a new market in Asia or Africa within a year, Awad told Reuters. Hermes operates in countries including Egypt, the United Arab Emirates, Saudi Arabia, Kuwait, Oman, […]
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