​EFG-Hermes-KSA Company has requested CMA approval to amend its business profile by cancelling the activities of Investment Fund Management, Discretionary Portfolio Management.

CMA approved today the amendment of the Business Profile of EFG-Hermes-KSA Company by cancelling the activities Investment Fund Management, Discretionary Portfolio Management. EFG-Hermes-KSA Company is now authorized to conduct Dealing as Principal, Dealing as Agent, Dealing as an Underwriter, Arranging, Advising and Custody activities in the securities business.