(MENAFN) Egyptian EFG Hermes is reportedly studying a plan to hire an extra 20 percent of employees as a result of anticipation for better agreements with Saudi Arabia.
However, for an advanced outlook to be present, Saudi Arabia is ought to defeat the "vagueness" that is coming from anti-corruption protests against leadings business figures and royals.
The statements have been made by EFG Hermes Investment Banking's co-head Mohamed Fahmi during an interview held in the UAE, Dubai.
He stated "there is massive interest in Saudi, but you will find that a lot of people are looking at it and thinking: who should we partner with."
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