DOCSLIB.ORG

ORASCOM CONSTRUCTION LIMITED EFG-Hermes UAE

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
ORASCOM CONSTRUCTION LIMITED EFG-Hermes UAE THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt as to the action you should take, you are recommended to seek your own independent financial advice immediately from your stockbroker, bank manager, solicitor, auditor, financial, legal or tax advisor, or other appropriately authorised independent financial adviser. This document has been prepared in connection with the Demerger of Orascom Construction Limited (the Company or Orascom Construction) from OCI N.V., which is further described in Part 3 (‘‘The Demerger’’) of this Prospectus, and the Egyptian Offer which is further described in Part 5 (‘‘The EGX Listing and the Egyptian Offer’’) of this Prospectus. This document comprises a prospectus relating to Orascom Construction prepared in accordance with the markets rules (the Markets Rules) of the Dubai Financial Services Authority (the DFSA) made under the Markets Law 2012 (the Markets Law). This document has been filed with and approved by the DFSA and made available to the public in accordance with Rule 2.6.3 of the Markets Rules. Shareholders and other recipients should read the whole of the text of this Prospectus and should be aware that an investment in the Company is speculative and involves a significant degree of risk. Your attention is particularly drawn to the risk factors set out in Part 2 (‘‘Risk Factors’’) of this Prospectus. ORASCOM CONSTRUCTION LIMITED (incorporated as a company limited by shares in the Dubai International Financial Centre and registered with the Dubai International Financial Centre Authority under number 1752) Prospectus relating to the admission to the Official List of Securities of the Dubai Financial Services Authority and to trading on NASDAQ Dubai of 105,056,927 Shares in connection with the Demerger and 12,984,565 New Shares in connection with the Egyptian Offer The DFSA does not accept any responsibility for the content of the information included in this Prospectus, including the accuracy or completeness of such information. The liability for the content of this Prospectus lies with the Company, being the issuer of this Prospectus and other Persons (as defined in the Markets Rules), such as Experts (as defined in the Markets Rules), whose opinions are included in this Prospectus with their consent. The DFSA has also not assessed the suitability of the Securities (as defined in the Markets Rules) to which this Prospectus relates to any particular investor or type of investor. If you do not understand the contents of this Prospectus or are unsure whether the Securities to which this Prospectus relates are suitable for your individual investment objectives and circumstances, you should consult an authorised financial adviser. NASDAQ Dubai takes no responsibility for the contents of this Prospectus, makes no representations as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon any part of the contents of this Prospectus. Sponsor EFG-Hermes UAE Limited Joint Financial Advisors HSBC Bank Bank of America Barclays Middle East Limited Merrill Lynch This prospectus (Prospectus) relates to the admission (the Admission) to the official list of securities maintained by the DFSA (the Official List) and to trading on NASDAQ Dubai of 105,056,927 ordinary shares each with a nominal value of USD1 in the capital of the Company (Demerger Shares) to be issued in connection with the Demerger and 12,984,565 ordinary shares each with a nominal value of USD1 in the capital of the Company (New Shares) to be issued in connection with the Egyptian Offer. The Demerger Shares represent the entire issued and outstanding share capital of the Company immediately following the Demerger and the Demerger Shares and the New Shares will represent the entire issued and outstanding share capital of the Company immediately following completion of the Egyptian Offer. Each shareholder in OCI N.V. at the Demerger Record Time will receive one share in Orascom Construction for every two shares they hold in OCI N.V. Any entitlements to fractional shares will be sold in the market and the net proceeds remitted to the relevant shareholder of OCI N.V. Neither the Company nor OCI N.V. will receive any proceeds from the Demerger or the Admission. The Company will receive the net proceeds of the Egyptian Offer. The completion of the Egyptian Offer is subject to obtaining the legitimate approvals of EFSA and the EGX. No shareholder vote following Admission is required or is being sought to authorize or effectuate the Demerger or the Egyptian Offer. Application has been made to the DFSA and NASDAQ Dubai for admission to the Official List and to trading on NASDAQ Dubai of 105,056,927 Shares in connection with the Demerger and 12,984,565 Shares as New Shares in connection with the Egyptian Offer. These applications may be withdrawn, at any time, at the sole discretion of the Company. The Company has applied to the Egyptian Financial Supervisory Authority (EFSA) and the Egyptian Stock Exchange (the EGX) for the Demerger Shares to be listed on the EGX. The Company has received approval of the conditional listing of the Demerger Shares on EGX, such listing being conditional only on Admission taking place (the EGX Listing). The EGX Listing is subject to applicable rules and regulations of the Egyptian Capital Markets Law and the Listing and Delisting Rules applicable to a listing of foreign shares on the EGX. According to the Listing and Delisting Rules, for the Demerger Shares to continue to be listed and to be admitted to trading on the EGX: (i) at least 10% of the share capital of the Company must be offered for trading on the EGX, (ii) at least 5% of the Shares must constitute ‘‘free float’’, and (iii) at least 150 shareholders must acquire Shares under the Egyptian Offer, such conditions to be satisfied within a period of six months from the date of the EGX Listing (collectively the EGX Trading Conditions). Failure to satisfy the EGX Trading Conditions within the time period prescribed under the Listing and Delisting Rules will result in the discontinuation of the EGX Listing. In order to meet the EGX Trading Conditions, the Company intends to issue the New Shares, representing 11% of the share capital of the Company as at the date of completion of the Egyptian Offer, to be offered through a private placement, in Egypt, to persons reasonably believed to be Egyptian QIBs or Professional High Net Worth Investors, and through a private placement to qualified institutional investors and high net worth individuals (the Egyptian Offer). The Egyptian Offer is subject to applicable rules and regulations of the Egyptian Capital Markets Law and the Listing and Delisting Rules applicable to a listing of foreign shares on the EGX. Application will be made for the New Shares to be admitted to listing on the EGX and for the Shares (comprising the Demerger Shares and the New Shares) to be admitted to trading on the EGX, upon completion of the Egyptian Offer. For the purposes of the Egyptian Offer, prospective investors in Egypt should refer to the private placement offering notice (the Private Placement Offering Notice) which has received the non-objection of EFSA and published by the Company in accordance with applicable rules and regulations in Egypt. The Private Placement Offering Notice contains details of the precise terms and conditions of the Egyptian Offer, the timetable for the Egyptian Offer and information relating to clearing and settlement of the New Shares. In reviewing this Prospectus, you should carefully consider the matters described in Part 2 (‘‘Risk Factors’’) of this Prospectus. Prior to Admission, there has been no public market for the ordinary shares of the Company. Therefore, there can be no assurance that an active trading market for the Shares will develop or, if developed, that such market will be maintained. If an active trading market is not developed or maintained, the liquidity and trading prices of the Shares could be adversely affected. The ordinary shares of OCI N.V. are admitted to listing and trading on Euronext Amsterdam and will remain so following Admission. Application has been made to list the Demerger Shares under the symbol ‘‘OC’’ on NASDAQ Dubai and the EGX. There will not be any conditional dealings in the Demerger Shares prior to Admission and there can be no guarantee that Admission will take effect on or about the Closing Date (as defined below), or at all. It is expected that the date on which the Demerger and Admission will become effective and that dealings in the Demerger Shares will commence on NASDAQ Dubai (the Listing Date) will be on or about 9 March 2015. Delivery of the Shares is expected to be made through the book entry facilities of the Central Securities Depositary operated by NASDAQ Dubai on the settlement date which is expected to be on or about 9 March 2015 (the Closing Date). Please see Part 17 (‘‘Clearing and Settlement’’) of this Prospectus for further details on the settlement for the Demerger Shares. Clearing and settlement for the New Shares will be made through the book entry facilities of the Misr for Central Clearing, Depository and Registry in Egypt (MCDR). The distribution of this Prospectus in certain jurisdictions may be restricted by law. Accordingly, neither this Prospectus nor any advertisement may be distributed or published in any jurisdiction except under circumstances that will result in compliance with any applicable laws and regulations. Persons into whose possession this Prospectus comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
Load more

Recommended publications
  • Staying Ahead…
    Annual Report 2008 Staying Ahead… TM & © Turner Entertainment Co. (s09) …in a Surreal 2008 EFG-Hermes One region. One investment bank. EFG-Hermes is the leading investment bank in the Arab world and the market leader in securities brokerage, investment banking, asset management, private equity and research. Contents 02 Overview of the Firm 04 Chairperson’s Foreword 06 From the Chief Executives 08 Highlights of 2008 10 Management Discussion and Analysis 13 Executive Committee 14 Lines of Business 24 Maximizing Governance, Minimizing Risk 26 Corporate Social Responsibility 28 Board of Directors 31 Audited Financial Statements TM & © Turner Entertainment Co. (s09) Overview of the Firm Financial History Securities Investment Brokerage Banking Total Revenues (EGP bn) EFG-Hermes Securities With an unrivalled track 08 2.2 Brokerage enjoys market record advising lead- 07 2.6 leadership in five direct and ing private companies, 06 1.2 six indirect markets across governments and listed 05 0.8 the Arab world, making it corporations from of- the region’s largest and fices around the region, 04 0.2 most diverse broker serving EFG-Hermes Investment 0 500 1,000 1,500 2,000 2,500 3,000 more than 600 global and Banking has raised more regional institutions and than USD 12 billion in over 26,000 high net worth equity for its clients Fee & Commission Income (EGP mn) and retail clients. through public offerings, 08 1,620 secondary offerings and 07 1,720 private placements, and 06 899 completed more than USD 19 billion in M&A 05 796 transactions in the past 04 182 decade.
    [Show full text]
  • EFG Hermes and Qinvest Enter Into a Definitive Agreement to Create the Leading Investment Bank in the Arab World and Beyond
    EFG Hermes and QInvest Enter into a Definitive Agreement to Create the Leading Investment Bank in the Arab World and Beyond Cairo May 5, 2012: EFG Hermes Holding S.A.E (“EFG Hermes”) and QInvest L.L.C. (“QInvest”) announced that they have entered into a definitive agreement involving EFG Hermes’ Brokerage, Research, Asset Management, Investment Banking and Infrastructure Fund businesses (the “Business”). Pursuant to the agreement, EFG Hermes and QInvest will enter into a joint venture at the level of EFG Hermes Qatar LLC (“EFG Hermes Qatar” or the “JV Company”), to be 60% owned by QInvest and 40% owned by EFG Hermes. The JV Company shall be the entity holding the Business post-closing. This announcement follows the initial press release on March 26, 2012, when the two parties agreed to explore a potential strategic alliance with the aim of creating a leading investment bank with operations in the Arab world and beyond, comprehensively covering the Middle East, Africa, Turkey and South and South East Asia. EFG Hermes’ position as the largest provider of investment banking, asset management and brokerage services across the Arab world will be strongly complemented by QInvest’s financial strength and client base. The aim will be to offer an enhanced product offering to QInvest’s extensive corporate and private client base in Qatar and the GCC region and to use the combined platform and resources to expand the joint venture’s reach into the fast growing regions of Sub-Saharan Africa and South and South East Asia. QInvest’s clients will benefit through the developed platform of EFG Hermes from direct access to the investment bank’s services in markets across the Arab world, as well as to trading platforms on the major Arab exchanges.
    [Show full text]
  • Global Equity Capital Markets Review
    Global Equity Capital Markets Review FIRST QUARTER 2020 | MANAGING UNDERWRITERS Global Equity Capital Markets Review First Quarter 2020 | Managing Underwriters Global Deals Intelligence Global Initial Public Offerings GLOBAL ECM ACTIVITY HITS FOUR-YEAR LOW, AMIDST RECORD VOLATILITY $50 400 Equity capital markets activity totaled US$126.6 billion during the first quarter of 2020, a 2% decline $45 compared to a year ago and the slowest annual period for global equity capital markets activity since 350 Thousands 2016. By number of issues, 927 ECM offerings were brought to market during the year, a 2% decrease compared to a year ago and a four-year low. Amidst record market volatility, March 2020 ECM volume $40 decreased 60% compared to February of this year, marking the slowest month for global equity capital 300 markets proceeds since October 2011. $35 250 MARCH IPO PROCEEDS DOWN 37%; FIRST QUARTER GLOBAL IPOs UP 75% $30 Global initial public offering activity during the first quarter of 2020 totaled US$25.8 billion, a 75% increase compared to last year and the strongest opening period for global IPOs since 2018. IPOs on $25 200 US exchanges increased 39% during the first quarter of 2020, while China-domiciled IPOs totaled $20 US$11.0 billion during the first quarter of 2020, a 92% increase and a nine-year high. During the March 150 2020, global IPO activity totaled US$6.9 billion, a 37% decline compared to February 2020 and the slowest month for new listings since August 2019. $15 100 $10 CONVERTIBLE OFFERINGS DECLINE 35%, FALLING TO FOUR-YEAR LOW Global convertible offerings totaled US$25.4 billion during the first quarter of 2020, accounting for 20% of 50 $5 global equity capital markets activity, compared to 30% during the first quarter of 2019.
    [Show full text]
  • A Mosaic of New Ideas, Products & Markets 2018 Annual Report 3
    2018 ANNUAL REPORT A Mosaic of New Ideas, Products & Markets 2018 Annual Report 3 CONTENTS 04 EFG Hermes at a Glance 10 Chairperson’s Foreword 14 A Note from Our Group CEO 18 Management Discussion & Analysis 28 Sell-Side Platform 32 Frontier 36 Investment Banking Diversity 42 Securities Brokerage 50 Research 54 Buy-Side Platform Cultural diversity in the workplace is a way of appreciating individuals, whether 58 Asset Management they’re from different regions, different countries, or different backgrounds 64 Private Equity — and individuals are the threads that keep our entire institution together. 68 NBFI Platform Bringing in talents from across the globe allows us to weave the fabric of 72 Leasing the Firm with different life experiences, different ideas, and different visions. 76 Tanmeyah As EFG Hermes works to expand its product portfolio, solution offerings, and 80 valU geographic footprint, we’re proud to have built an organization that benefits 84 EFG Hermes Factoring from knowledge across an ever-expanding footprint, solidifying our position as 88 Corporate Governance a full-fledged financial services corporation. 96 Risk and Compliance 102 Our People 108 Board of Directors 116 Executive Committee 124 Corporate Social Responsibility 132 Financial Statements 4 2018 Annual Report 2018 Annual Report 5 EFG HERMES AT A GLANCE EGYPT 6 2018 Annual Report 2018 Annual Report 7 The Leading Financial Services Corporation in FEM Leveraging its 30-year track record of success operating across the Arab world, EFG Hermes has expanded its geographical footprint and diversified its product offering to bring a constantly evolving portfolio of products to clients in some of 75 the world’s most rapidly growing markets in the MENA region, Sub-Saharan Africa, FEMs Covered by EFG and Southeast Asia Hermes Brokerage in 2018 What We Do The Investment Bank EFG Hermes is a leading financial ser- Securities Brokerage erates while simultaneously expanding multaneous transactions.
    [Show full text]
  • LEAGUE TABLES Q1 2020 Preliminary As of 25 March 2020 Q1 2020 PRELIMINARY AS of 25 MARCH 2020
    GLOBAL EQUITY CAPITAL MARKETS LEAGUE TABLES Q1 2020 Preliminary As of 25 March 2020 Q1 2020 PRELIMINARY AS OF 25 MARCH 2020 MANAGER RANKINGS GLOBAL EQUITY, EQUITY LINKED & RIGHTS CONTENTS Bloomberg’s global equity offerings database consists of nearly 87,000 deals (with approximately 43,000 IPOs and over 43,000 additional offerings), and coverage of more than 1. Global market review 500 financial advisors and 500 legal advisors. 2. US market review LEAG<GO> for a full range of league tables 3. Canada market review IPO<GO> for Bloomberg’s equity offerings product 4. Latin America market review Due to the dynamic nature of the Professional Service product, league table rankings may vary between 5. EMEA market review this release and data found on the Bloomberg Professional Service. 6. Asia market review 7. Table criteria DATA SUBMISSIONS AND QUERIES Contact Phone Email North America Larisa Bykova +1 646 324 2355 [email protected] EMEA Dimitri Quemard +44 20 3525 0253 [email protected] Asia-Pacific Zhen Hao Toh +65 6499 2931 [email protected] © 2020 Bloomberg Finance L.P. All rights reserved. Bloomberg Preliminary Global Equity | Q1 2020 Global Equity, Equity Linked & Rights: Industry Breakdown Global Equity Review 8% Financials 22% Q1 2020 credited Global Equity, Equity Linked & Rights volume decreased 3.11% to USD 128.6 Bln while deal count 5% 22% Health Care 18% decreased 8.94% to 906 offerings year-on-year. Global Equity IPO volume increased 73.37% year-on-year to USD 32.2 Bln 6% Consumer Discretionary 16% while the deal count decreased 0.40% to 247.
    [Show full text]
  • Egyptian Financial Group-Hermes Holding Company Sae
    EGYPTIAN FINANCIAL GROUP-HERMES HOLDING COMPANY SAE ALEXANDRIA, Egypt BvD ID number EG21655 Publicly quoted company Latest account date 31/12/2012 This company is the GUO of the Corporate Group Contact information BUILDING NO. B 129, PHASE 3 Telephone number +20 2 3535 6453 DESERT ROAD Fax number +20 2 3535 0942 ALEXANDRIA Website address www.efg-hermes.com Egypt E-mail addresses [email protected] [email protected] Industry & activities Type of entity Bank BvD major sector Banks NACE Rev. 2 main section K - Financial and insurance activities Trade description Operates as a holding company with interests in securities brokerage, investment banking, money management and venture capital Products and services A holding company [source: Bureau van Dijk] Industry classification codes UK SIC (2003) code(s) Primary code(s): 6512 - Other monetary intermediation Secondary code(s): 65121 - Banks 7511 - General (overall) public service activities NACE Rev. 2 code(s) {derived from UK SIC (2003) codes} Core code: 6419 - Other monetary intermediation Primary code(s): 6419 - Other monetary intermediation Secondary code(s): 6419 - Other monetary intermediation 8411 - General public administration activities NAICS 2012 code(s) {derived from UK SIC (2003) codes} Core code: 5221 - Depository Credit Intermediation Primary code(s): 522110 - Commercial Banking 522120 - Savings Institutions 522130 - Credit Unions Secondary code(s): 522110 - Commercial Banking 522120 - Savings Institutions 522130 - Credit Unions 921110 - Executive Offices 921120
    [Show full text]
  • EFG Hermes Egypt Day Summit
    EFG Hermes Egypt Day Summit brings together top government officials, global investors and c-suite executives to explore Egyptian investment opportunities as attention turns to the EGX and stability in the macro picture The conference connects representatives from top global financial institutions and investors representing a total USD 5.5 trillion in assets under management with government leaders and the CEOs of top companies in Egypt December 11, 2019 (Cairo, Egypt) — EFG Hermes, a leading financial services corporation in frontier emerging markets (FEM), announced today the kickoff of its third Egypt Day Summit in Cairo. The three-day event will see 27 investors from 22 companies and financial institutions representing USD 5.5 trillion in assets under management (AUMs) meet with a cohort of top government officials and CEOs from Egypt’s top listed companies to discuss the stability and steady growth of Egypt’s economy following recent reform efforts. “EFG Hermes is committed to supporting efforts to attract foreign capital to Egypt as we continue to play our role as the bridge between foreign capital and investment opportunities in Egypt and frontier emerging markets. The impressive turnout at the Egypt Day Summit from global investors, Egyptian companies and government representatives is a reflection of Egypt’s position as a key regional market that offers compelling opportunities to the global investment community,” said EFG Hermes Group Chief Executive Officer Karim Awad. “The consistent success of this gathering is a testament to the positive outlook on the local market and the global perception of Egypt as a growing economy in a region that is in constant flux.” With the country’s strong fundamentals and an increasingly positive economic outlook, there is growing interest from the international business community to pursue growth opportunities in Egypt, which boasts the largest consumer market in the MENA region, among other favorable demographic and economic characteristics.
    [Show full text]
  • Global Finance Names the World's Best Investment Banks 2021
    Global Finance Names The World’s Best Investment Banks 2021 NEW YORK, February 18, 2021– Global Finance magazine has named the 22nd annual World’s Best Investment Banks in an exclusive survey to be published in the April 2021 print and digital editions and online at GFMag.com. J.P. Morgan was honored as the Best Investment Bank in the World for 2021. “With widespread expectations of consolidation in multiple sectors and all around the About Global Finance world, investment banks will play a leading role in reshaping the world economy post- Global Finance, founded in pandemic,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. 1987, has a circulation of “Companies need more than ever to understand the specialties and skills that investment 50,000 and readers in 191 bank brings to the table. Global Finance awards are a valuable guide.” countries. Global Finance’s audience includes senior Global Finance editors, with input from industry experts, used a series of criteria— corporate and financial including entries from banks, market share, number and size of deals, service and officers responsible for making advice, structuring capabilities, distribution network, efforts to address market conditions, investment and strategic innovation, pricing, after-market performance of underwritings and market reputation— decisions at multinational companies and financial to score and select winners, based on a proprietary algorithm. Deals announced or institutions. Its website — completed in 2020 were considered. GFMag.com — offers analysis and articles that are the legacy For editorial information please contact Andrea Fiano, editor: [email protected] of 34 years of experience in international financial GLOBAL WINNERS markets.
    [Show full text]
  • FY-2017-Annual-Report.Pdf
    Table of Contents Introduction At a Glance ................................................... 04 Note from the CEO ....................................... 06 Group Overview ......................... 10 Our History ................................................... 12 Decades of Building Egypt ........................... 14 Geographic Diversification ........................... 16 Our Brands ................................................... 18 Our Strategy ................................................. 28 Construction Materials & Investment ............ 30 New Capital Power Plant, Egypt New Assiut Barrage, Egypt Operational Review............... 36 Concessions & Infrastructure Investments ... 64 Management Discussion & Analysis ....... 66 Our People ........................................ 72 Corporate Governance ..... 80 Our Board of Directors ................................. 82 Our Corporate Governance Structure .......... 86 USD Risk Management and Controls ................... 88 Risk Management Approach ........................ 94 BN Statement of Directors ................................. 96 Corporate Social 6.4 Responsibility ............................... 98 Pro forma backlog as of FY 2017 El Alamein Road, Egypt Financial Statements ........ 106 + + USD AT A GLANCE 65 70K 3.7 BN Years of contracting Employees Revenues for FY 2017 experience Orascom Construction Ltd. currently reported USD USD “ a pro forma backlog BN BN of USD 6.4 billion and 10 6.4 3.5 consolidated revenues of countries where OCL has pro forma backlog
    [Show full text]
  • Invesco Approved Broker List Name of Entity Legal Entity Identifier (LEI) ABG SUNDAL COLLIER ASA 2138005DRCU66B8BNY04 ABN AMRO
    Invesco Approved Broker List This document is for informational purposes only on the brokers approved by Invesco for its regulated investment management activities in Europe. This does not constitute a recommendation of any broker for the trading activity of the reader of this document. Please note that the entities listed in this document are only approved to trade certain instruments. Information is shown as at 30th June 2021. Invesco Fund Managers Limited reserves the right to make changes at any time to this document without notice. This document is issued by Invesco Fund Managers Limited, which is authorised and regulated by the Financial Conduct Authority. Name Of Entity Legal Entity Identifier (LEI) ABG SUNDAL COLLIER ASA 2138005DRCU66B8BNY04 ABN AMRO BANK N.V. BFXS5XCH7N0Y05NIXW11 AHORRO CORPORACION FINANCIERA SV SA 95980020140005375141 ARCTIC SECURITIES AS 5967007LIEEXZX4RVS72 ARDEN PARTNERS PLC 213800KRNTZFOY1DA806 AUERBACH GRAYSON & COMPANY LLC 254900THN5ANAH8X1V30 AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED JHE42UYNWWTJB8YTTU19 AUTONOMOUS RESEARCH LLP 213800LBM6PT85IGM996 BAADER HELVEA LIMITED 529900DXD7EPV64JOG51 BANCO BILBAO VIZCAYA ARGENTARIA SOCIEDAD ANONIMA K8MS7FD7N5Z2WQ51AZ71 BANCO J.P. MORGAN S.A BMSV765KS3ZUWB7LXV33 BANCO SANTANDER S.A. 5493006QMFDDMYWIAM13 BANCO SANTANDER (BRASIL) S.A 549300D1H731B30TSI43 BANK DEGROOF PETERCAM SA 549300NBLHT5Z7ZV1241 BANK GPB (JSC) 253400WSS48YWMBUA688 BANK GUTMANN AKTIENGESELLSCHAFT 549300KFLI6V2PUY8522 BANK OF AMERICA NATIONAL ASSOCIATION B4TYDEB6GKMZO031MB27 BANK OF AMERICA,
    [Show full text]
  • The Presentation of Orascom Cement (Pdf, 289.41
    ORASCOM CEMENT THE LEADING CEMENT GROUP IN THE MIDDLE EAST AND THE MEDITERRANEAN BASIN OVERVIEW Orascom Construction Industries Cement Group ("Orascom Cement") is the largest cement producer in the Middle East and Mediterranean Basin. Orascom Cement is an emerging markets cement leader, with number-one positions in the key markets of Egypt, Algeria, United Arabs Emirates and Iraq and with strategic positions in other growth markets in the region: Saudi Arabia, Syria and Turkey. Eagle also has positions in several high-potential markets in Africa and Asia, including South Africa, Nigeria, Pakistan and North Korea. Orascom Cement today operates nine new or recent, state-of-the-art highly efficient and low cost production facilities, with a production capacity of 35 million tons at the end of 2008. Several plants are also under construction, which will bring total capacity to 45 million tons by 2010. Orascom Cement has a wealth of talented human resources, with a unique experience in developing cement activities in emerging markets. It also produces and distributes aggregates and ready-mix concrete in Spain, Egypt and Algeria. Orascom Cement has leading positions and high quality assets, mainly thanks to an efficient and proven development model: As a pioneer in certain growing markets, it already outpaces all cement players in key countries of the Middle East / Mediterranean region. Its pre-emptive investments made it able to capture growth in regions with superior GDP and population growth, where cement consumption is bound to grow. Its outstanding track record of Greenfield development in emerging countries has earned it strong expertise. It displays an efficient and proven —on-time/on-cost“ development model by setting up recent, high quality and standardized industrial assets with low production costs and oversized infrastructures and easy lay-outs to accommodate future capacity increases.
    [Show full text]
  • EFG-Annual-Report-2019.Pdf
    1984 2019 ANNUAL REPORT 2019 of Success 35 Years 04 EFG Hermes at a Glance 10 Chairperson’s Foreword 14 A Note from Our Group CEO 20 Management Discussion & Analysis 30 Sell-Side Platform 34 Frontier 38 Investment Banking CONTENTS 44 Securities Brokerage 52 Research 1984 56 Buy-Side Platform 60 Asset Management 64 Private Equity 68 NBFI Platform 72 Leasing 76 Tanmeyah 80 valU 84 EFG Hermes Factoring 88 Corporate Governance 35 Years of Success 35 Years 94 Risk and Compliance 98 Our People 102 Board of Directors 112 Executive Committee 120 Corporate Social Responsibility ANNUAL 124 Financial Statements REPORT 2019 4 2019 Annual Report 2019 Annual Report 5 1984Dr. Mohamed Taymour established Egyptian Financial Group (EFG) in 1984, making it the first investment banking firm MOHAMED TAYMOUR in Egypt. ESTABLISHES EGYPTIAN FINANCIAL GROUP (EFG) 6 2019 Annual Report 2019 Annual Report 7 The Leading Financial Services Corporation in FEM Over its 35-year history of success, EFG Hermes with a diverse product range, encompassing both expand coverage and deploy new on-the-ground has gone from one milestone to the next. From a traditional investment banking services as well as teams to cover equities in promising FEMs. leading Egyptian investment bank to a fully inte- non-bank financial services. grated financial service provider with presence in 13 Investment Banking markets across four continents — EFG Hermes has The Investment Bank Since the division’s launch in 1995, EFG Hermes’ In- evolved not only to match shifting market dynamics Securities Brokerage vestment Banking has climbed the regional rankings to but evolving stakeholder needs.
    [Show full text]