Page 133 - AAE GENERAL REPORT - March 2024

3/25/24, 1:36 PM PRESSR: EFG Hermes completes advisory on $428.7mln IPO of Parkin on the DFM — TradingView News
This transaction is the latest in a series of landmark deals the Firm

has advised on in the GCC region over the years, advising on eight

IPOs in 2023 alone. This included advisory on the IPO of Dubai Taxi

Company on the Dubai Financial Market (DFM) and OQ Gas Networks

on the Muscat Stock Exchange (MSX), the largest Omani IPO in over

two decades. It also advised on the IPO of ADES Holding Company on

the Saudi Exchange, as well as the successful IPOs of ADNOC L&S and

ADNOC Gas Plc on the Abu Dhabi Securities Exchange (ADX); IPO of

Lumi Rental Company on the Saudi Exchange; Abraj Energy Services

on the MSX; and Al Ansari Financial Services PJSC on the Dubai

Financial Market (DFM).

About EFG Holding

EFG Holding (EGX: HRHO.CA – LSE: EFGD) is a trailblazing financial

institution that boasts a remarkable 40-year legacy of success in nine

countries spanning three continents. Operating within three distinct

verticals — the Investment Bank (EFG Hermes), Non-Bank Financial

Institutions (NBFI) (EFG Finance), and Commercial Bank (aiBANK) —

the company provides a comprehensive range of groundbreaking

financial products and services tailored to meet the needs of a

diverse clientele, including individual clients and businesses of all

sizes.

EFG Hermes, the leading investment bank in the Middle East and

North Africa (MENA), offers an extensive array of financial services,

encompassing advisory, asset management, securities brokerage,

research, and private equity. In its domestic market, EFG Holding

https://www.tradingview.com/news/reuters.com,2024-03-21:newsml_Zaw1YRKWt:0-pressr-efg-hermes-completes-advisory-on-428-7mln-ipo-of-parkin… 3/5