EFG Hermes completes listing of Saudi-Based Riyadh Cables Group’s SAR 1.4 Billion IPO on the Saudi Exchange

Saud Altassan, CEO of EFG Hermes KSA, commented on the transaction: “As the Saudi equity market continues to ramp up, we’ve made it a priority to focus on bringing to market unique transactions that provide unmatched returns, a testament to our standing as a gateway through which regional and global investors can access quality issuances. 2022 has been a year of remarkable achievements for EFG Hermes, having capitalized on our unrivalled…