EFG Hermes sees interest from Saudi, UAE sovereign funds in Egyptian market

RIYADH: Egyptian investment bank EFG Hermes said it expects more investments by the Saudi and UAE’s sovereign wealth funds in the Egyptian market. “The UAE sovereign fund is constantly looking at opportunities in the Egyptian market,” co-chair of promotion and IPO coverage sector at EFG Hermes earlier told Daily News Egypt. “There are direct cash flows from Gulf and foreign

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