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EQUITIES

EFG Hermes completes advisory on landmark $1.21bln IPO of ADES on the Saudi Exchange

EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division successfully completed advisory on the landmark SR4.572 billion ($1.219 billion)

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EFG Hermes concludes advisory on Lumi Rental’s $290m IPO

EFG Holding’s investment banking division , EFG Hermes, has completed advisory on the $290m initial public offering (IPO) of Saudi Arabia’s Lumi Rental Company. EFG Hermes acted as a joint

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Rawabi closes Saudi’s largest private sector syndicated financing of $2bn

Rawabi Energy and its subsidiaries have concluded the financial close of $2 billion Syndicated multi-currency senior secured term and revolving SAR and USD facilities, marking one of the largest private sector

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Emaar The Economic City sells asset to several parties including PIF unit

 Emaar The Economic City announced the sale of an undeveloped industrial plot to four parties, of which one is a subsidiary of Saudi Arabia’s sovereign wealth fund the Public Investment

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