EFG-Hermes

Investment firm sees positive GDP growth on higher oil prices, production levels.

Demand set to rise amid growing population and recovering economy - EFG Hermes.

EFG Hermes says demand is focused in rental market, buyer confidence still weak.

EFG-Hermes forecast based on strengthening oil prices positively impacting state revenues.

UPDATE 4: Stake purchase sees private equity group emerge as largest investor.

Liquidity is improving in the region, as Gulf economies emerge from the shadow of the cashflow crunch.

A growing number of homebound expats from the Gulf are looking to leave their money offshore.

Analyst says market poised to decline as relative strength hits highest level in 18 months.

Growth in subscriber numbers to be hit this year as market approaches saturation.

Current upturn will last 2 months, short-term buying oportunities in banking sector. 

EFG predicts population will fall by 5.5%, 2009, as economy contracts 1.7%.

Rental falls will be matched by a drop in inflation to 8.5%, down from 13.2%.

Investment bank says it has cut staff numbers as result of global economic slowdown.

Many analysts predicted a loosening of credit restrictions in the first quarter of 2009 but that relief has yet to come.

Investment bank predicts GDP growth at -0.04%, while Qatar could grow by 9%.

Income from trading, corporate finance, asset management will also fall - EFG Hermes.

Investment bank forecasts significant slowdown in rental growth due to fewer expat workers.

EFG-Hermes still sees 20% correction in Dubai market, but fall sooner than expected.

Egyptian investment bank results reflect 'challenging market conditions' during period.

Features editor Shikha Mishra takes a look at what effect the credit crisis is having on the property sector in the region.

EFG-Hermes gets go-ahead to offer trade swap arrangements to non-residents.

EFG-Hermes predicts 15-20% drop by 2011 in Dubai market as housing supply outstrips demand.

Egyptian investment bank takes 10% stake in UK stockbroker with a political link.

Egyptian Investment bank buys 50% stake in Offset Holding for $124.4mn.

Gulf consumers are spending like there's no tomorrow but lending by banks could fuel a regional credit crisis.

Launch of three equity indexes by leading benchmark providers will attract foreign capital - analysts.

MENA banks balance sheets expanding at annual rate of 20% or more, says EFG-Hermes.

Apartment sales steady, but construction costs fall as $20bn Burj Dubai project nears completion.

Despite soaring inflation, central banks across the region lower rates to ward off FX speculation.

It's never too late to start investing in Dubai bricks and mortar, says United Holdings CEO Abbas Kiani.

Among the ‘BRIC' nations, the world's attention is mostly focused upon China.

As Gulf policymakers find ways to curb rampant inflation, economists are warning against price controls.

Demand coupled with supply shortage making it easy for developers to pass on costs, EFG-Hermes says.

Further moves by Fed highlight shortcomings of link to tumbling US dollar, analysts say.

Property index will keep rents in prestigious communities at high levels, analyst says.

Investment bank's fund wants to buy 32% of National Company for Maize Products.

To gain insight into the state of the Gulf economy in 2008 who better to turn to than the region's leading economists. David Westley asked HSBC's Simon Williams, Standard Chartered's Mary Nicola, EFG Hermes' Monica Malik and Moody's' Tristan Cooper to give us their views on what 2008 holds in store for businesses across the region.

Speculation is rife that a move towards the unpegging of the dirham from the dollar is imminent and research indicates that such a move would be welcomed. Diana Milne explains the impact of the dollar peg and explores the likelihood of it being removed.

UAE will likely change its monetary policy early next year, EFG-Hermes predicts.

Hashem Montasser, the regional head of asset management at EFG-Hermes, takes ABF through the investment bank's MEDA Fund, which focuses on MENA equities.

ARABSAT and KOSMAS GEORING Services, a company developing a system for On-Orbit servicing called HERMES, will cooperate on the development of solutions for extending the lifetime of ARABSAT satellites and for providing the capability to receive fuel replenishment in orbit.

The latest meeting between GCC central bankers could spell the end for Gulf's 2010 single currency plans.

Uncertainty over UAE property laws has real estate agents calling for clarification.

Morgan Stanley has poached a trio of senior EFG-Hermes staff for its new research team in Dubai.

Egyptian investment bank ups allocation to the kingdom, betting record oil prices will spur profits and shares.

Saudi Arabia and the UAE are the global leaders in senior executive remuneration. But are rising pay packets the only way to attract senior management?

With the cost of living increasing all the time, how high a price are people paying to live in Dubai?

Andrew White meets Arif Naqvi - CEO, Vice Chairman of Abraaj Capital, and undoubted optimist-in-chief.

The Abu Dhabi Investment Authority has announced its purchase of 8% of Egypt's largest investment bank.

Statement about the shares-for-land deal with Dubai Holding is postponed for as long as two months.

Proposed book-building system - which may be adopted across the GCC - would cut bank profits.

UAE stock markets are witnessing increased levels of interest from institutional investors, says EFG-Hermes.

Dubai Holding deal could boost Emaar's UAE land bank to $12.9bn, say analysts.

Egypt's investment bank has reported a near 50% increase in total revenues on 2005.

The country's real estate boom will be hit by a significant correction in 2008, say analysts.

Orange Business Services (OBS) has embarked on the second phase of its US$1.6 million contract with EFG-Hermes.

...

Developers find finance by pre-construction sales. Is this the best way forward? asks Rashid Galadari.

Leading brokerage EFG-Hermes has implemented an intelligent IP telephony solution to make life easier for clients and staff alike. Daniel Stanton finds out more.

Auto Scan feature will check incoming and outgoing e-mail for viruses and alert original sender of problems.