Your English Portal To Arab Economy

Breaking News

Egypt’s Benchmark Halts One-Day Rally, Opens Below 5355 Pts

Arab International Bank’s Deposits Drop 44.5% In 2012

British Soldier Hacked To Death In Suspected Islamist Attack

US Dollar Steadies At EGP 7.012 Early Thursday

Five Killed, 50 Wounded In Lebanon's Tripoli

Gold Prices In Egypt, Arab States – Early Thursday

Roadside Bomb Kills 13 In Southwest Pakistan

CIB Contributes EGP 500 Mln To South Helwan Power Plant Loan

Reinvigorating Egypt’s Economy

Stock Futures Drop On Japan Volatility, China Data

Rowad Tourism (Al Rowad) 7.41

Six of October Development & I 20.3

Canal Shipping Agencies 12.15

Alexandria Spinning & Weaving 1.04

Commercial International Bank 34.53

Egyptian Kuwaiti Holding 1.01

Pioneers Holding 3.98

Palm Hills Development Company 2.3

Prime Holding 1.28

Egyptian Starch & Glucose 8.77

Egyptian Financial Group-Herme 9.23

El Ahli Investment and Develop 7.27

Egyptians Abroad for Investmen 4.29

Citadel Capital - Common Share 3.35

Medinet Nasr Housing 24.46

ARAB POLVARA SPINNING & WEAVIN 2.93

Ismailia National Food Industr 8.19

Egyptians Housing Development 2.88

T M G Holding 4.15

El Kahera Housing 6.17

Arab Cotton Ginning 3.56

Remco for Touristic Villages C 2.2

Egyptian Electrical Cables 0.67

Orascom Telecom Holding (OT) 4.64

Mena Touristic & Real Estate I 1.69

Orascom Construction Industrie 234.87

Maridive & oil services 1.04

Paint & Chemicals Industries ( 41

National company for maize pro 15.02

Naeem portfolio and fund Manag 2.26

Sidi Kerir Petrochemicals 13.13

Cairo Oils & Soap 16.5

Heliopolis Housing 22.01

Naeem Holding 0.22

GMC GROUP FOR INDUSTRIAL COMME 2.01

Egyptian Iron & Steel 10.46

National Development Bank 8.17

Egyptian Real Estate Group 11.15

Union National Bank - Egypt " 4.65

United Housing & Development 9.04

Barbary Investment Group ( BIG 1.08

Alexandria Cement 11.93

Modern Company For Water Proof 1.64

Egypt for Poultry 2.04

Suez Canal Bank 4.5

Acrow Misr 21.56

Export Development Bank of Egy 6.09

Misr Chemical Industries 6.63

Faisal Islamic Bank of Egypt - 7.01

Al Moasher for Programming and 1.05

Mansourah Poultry 15.42

National Real Estate Bank for 17.55

Telecom Egypt 13.5

National Societe Generale Bank 27.95

Egyptian Financial & Industria 9.22

Egyptian Arabian (cmar) Securi 0.47

Egyptian for Tourism Resorts 0.93

Delta Sugar 12.01

Asek Company for Mining - Asco 9.39

Egyptian Chemical Industries ( 10.45

Arab Real Estate Investment (A 0.46

El Ezz Porcelain (Gemma) 2.83

Rakta Paper Manufacturing 6.95

South Valley Cement 4.08

Giza General Contracting 17.5

El Nasr Clothes & Textiles (Ka 0.64

Sharkia National Food 5.04

Sinai Cement 18.81

Egyptian Transport (EGYTRANS) 10.26

General Company For Land Recla 27.71

Ismailia Misr Poultry 3.87

Universal For Paper and Packag 6.74

El Shams Housing & Urbanizatio 3.29

Ceramic & Porcelain 3.95

United Arab Shipping 0.63

Upper Egypt Contracting 1.05

Egyptian for Developing Buildi 10.23

Delta Construction & Rebuildin 5.72

Arab Gathering Investment 24.78

Ezz Steel 9.85

Cairo Development and Investme 15.85

Extracted Oils 0.79

Cairo Poultry 9.57

Arab Aluminum 28.01

Gulf Canadian Real Estate Inve 27.61

Middle & West Delta Flour Mill 32.03

UTOPIA 7.07

Faisal Islamic Bank of Egypt - 41.3

Samad Misr -EGYFERT 5.27

Raya Holding For Technology An 5.28

Egyptian Media Production City 3.12

Minapharm Pharmaceuticals 27

National Cement 11.62

Kafr El Zayat Pesticides 26.85

El Arabia for Investment & Dev 0.46

Delta Insurance 6

Alexandria Mineral Oils Compan 67.62

Torah Cement 25.81

ELSWEDY CABLES 20

Tourism Urbanization 7.3

Cairo Investment & Real Estate 13.86

South Cairo & Giza Mills & Bak 25

El Kahera El Watania Investmen 6.92

El Watany Bank of Egypt 16.85

Middle Egypt Flour Mills 7.08

Housing & Development Bank 14.8

North Cairo Mills 16.43

East Delta Flour Mills 32.26

El Nasr For Manufacturing Agri 14.06

Development & Engineering Cons 9.57

Alexandria Containers and good 91.5

Cairo Pharmaceuticals 19.95

Engineering Industries (ICON) 4.86

El Arabia Engineering Industri 15.62

General Silos & Storage 15.01

Upper Egypt Flour Mills 50

Lecico Egypt 7.8

The Watch - Get To Know

Hassan Heikal - EFG Hermes CEO

Published Tuesday, 14 August 2012 16:26 | Written by Amwal Al Ghad

Hassan Heikal holds a Bachelor of Science degree from the Faculty of Economics and Political Science at Cairo University. He has been serving as Chief Executive Officer since 2007. Heikal is one of the driving forces that has established EFG Hermes as the largest investment bank in the Arab world.

Heikal joined EFG Hermes in 1995 from Goldman Sachs. While Head of EFG Hermes’ Investment Banking Division, he spearheaded the drive that cemented the Firm’s reputation as the leading investment banking franchise in the Arab world. He is credited with the growth of EFG-Hermes, particularly into new markets. Under his leadership, the group has advised clients such as Vodafone plc, Sainsburys, Heineken, PepsiCo, Orascom Telecom, Pirelli and Bayer. Heikal was also instrumental in pushing EFG-Hermes acquiring the stake in Bank Audi in 2006. Heikal's principal investment banking experience was at Goldman Sachs International in mergers and acquisitions. He is working on several high profile buy/sell mandates. Heikal is a Board Member of EFG-Hermes Private Equity.