EFG Holding is one of the largest financial institutions in MENA. It rebranded to EFG Holding in May 2023 to reflect the group’s expansion across financial services. Today, it operates across 12 countries, including Egypt, the U.A.E., Saudi Arabia, Kuwait, the U.S., and the U.K. In April 2023, the company completed its exit from Oman with a plan to exit from Pakistan and Jordan. The company had AUMs of over $3.5 billion, as of the end of 2022, with its investment bank division concluding 32 deals valued at $14.3 billion. In 2023, it completed advisory on the $2.5 billion IPO of ADNOC Gas on ADX. It has recently increased its authorized capital from $194 million to $970 million.