iPhone | iPad
Android
Huawei
BFM TV reported that Barnier has proposed conservative Senator Bruno Retailleau as interior minister
KT APPDOWNLOAD
ADIA takes 8pc stake in EFG-Hermes
DUBAI — The Abu Dhabi Investment Authority (ADIA) has accumulated an 8 per cent stake in regional investment bank EFG-Hermes. The deal gives ADIA a seat on EFG-Hermes Holding's board of directors, and further institutionalises the EFG-Hermes shareholder base.
Over the last twelve months EFG-Hermes has seen regional growth and positive financial performance. Driven by diversification of services into retail products and regional expansion across GCC markets including Saudi Arabia, EFG-Hermes has remained unaffected by the volatility of regional markets and has moved into 2007 cementing its position as a premier regional investment bank.
"ADIA is a leading force and authority across the region. Their investment highlights the confidence the market has in EFG-Hermes, and is invaluable to our plans to innovate and evolve" said Hassan Heikal, Co-chairman and CEO of EFG-Hermes.
More news from
Sites contained approximately 150 launcher barrels that were ready to fire projectiles toward Israeli territory, it said in a statement
Crowd control measures have been set up at Apple stores, as staff say walk-ins will not be entertained this year
Polls show Americans remain deeply worried about the economy and inflation
Advisor to the Minister for Maritime Transport Affairs at the UAE Ministry of Energy and Infrastructure, Hessa Al Malek is steering the sector towards inclusivity and innovation
Existing home sales dropped 2.5% last month from July
The death toll from the storm which struck central and eastern Europe last week rose to 24 and some areas are still under threat from rising waters
India, China and Australia remain hold-outs on US demands