Fueled by organic growth; the two firms also accounted for lead managing a majority of the privatization capital markets IPO's during 1995 and 1996.

EFG Holding Asset Management serves a client base that includes sovereign wealth funds, endowments, foundations, multinational corporations and family offices.

The division employs professionals in portfolio management, trading, research, compliance and risk across its 3 locations in Egypt, UAE (Dubai) and Saudi Arabia.

The division's investment professionals have advised on cross-border transactions in the region through a distribution network that encompasses more than 100 investors across North America, Europe, the Middle East and Africa.

[citation needed] EFG Holding global strategy relies heavily on expanding in frontier emerging markets FEM.

Therefore, the company has made its priority to enter into the major financial hubs of the Middle-East, namely Egypt, the United Arab Emirates, Saudi Arabia, Qatar, Oman, Kuwait and Lebanon.

In December 2005, EFG Holding was granted a license by the Dubai International Financial Centre to conduct asset management and investment banking activities.

Out of Dubai, the firm manages the region's top performing funds and has closed a number of landmark investment banking transactions.

[citation needed] EFG Holding was granted a license from the Capital Market Authority (Saudi Arabia) to launch its operations in the Kingdom of Saudi Arabia in March 2007 offering securities brokerage, investment banking, asset management and research services in the largest investment market in the region.

The opening followed the firm's acquisition of Pakistani brokerage Invest and Finance Securities Ltd., which began operating as EFG Hermes Pakistan Limited.

[7] EFG Hermes IFA, the brokerage arm of EFG Hermes in Kuwait, is a brokerage firm on the Kuwait Stock Exchange (KSE) with a client base including a wide array of retail, VIP and high-net-worth clients, as well as local, regional, and international institutional investors.

The firm offers its client base access to senior and executive management teams of publicly listed companies, promoting a business-friendly climate in Jordan.

[9] EFG Hermes Kenya launched its operations in 2017, being the firm’s first foray into Sub-Saharan Africa in a step that will serve as an East African hub into more neighboring markets.