Ethmar International Holding and EFG Hermes conclude strategic partnership agreement

Ethmar International Holding and EFG Hermes conclude strategic partnership agreement

- Ali El Gebely: Strategic partnerships and the upcoming listing will contribute to the development of the company's business and increase its successful investments at the local and international levels.

Abu Dhabi – Ethmar International Holding (EIH) has signed a strategic partnership agreement with EFG Hermes, as part of the preparations for listing EIH as a joint stock company in the UAE stock market.

The partnership agreement, whereby EFG Hermes will act as a strategic partner during the private offering process, represents a new milestone in the track record and achievements of the two companies, and contributes to the expansion of local markets and the growth and development of the UAE economy, in line with country's leadership's vision to create a clear path for sustainable economic growth.

On this occasion, Mr. Ali El Gebely, the Managing Director, and CEO of Ethmar International Holding (EAH), said "Ethmar International Holding a a leading company in the Middle East, seeks to build real value for the future of investment through strategic partnerships and to develop a diversified, innovative and sustainable investment portfolio."

He added: "The UAE economy serves as a key hub for the financial markets' activities in the Middle East, and this is clearly reflected in