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Islamic Finance Briefing - Categorized | Banking, Market Moves more

EFG Hermes and Qatar’s QInvest mull units merger

Posted on 27 March 2012

Egypt’s EFG Hermes and Qatari Islamic investment bank QInvest said on Monday they were discussing a possible merger of some of their operations to create an investment bank covering the Arab world, Africa, Turkey and South and South East Asia.
The proposed venture would include securities brokerage, asset management and investment banking operations, but not EFG Hermes Private Equity, the two said in an emailed statement………………………………………..Full Article: Source

 
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