EFG Hermes sale to prompt Mid East flow as investor confidence in the region soars

  • 07 Aug 1998
FOLLOWING last week's successful sale of stock in Egyptian investment bank EFG Hermes via Merrill Lynch, bankers say that investor confidence in the Middle East is growing. Although this week's stockmarket correction has added a general tone of caution, there should still be pockets of interest for the right story ...

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