EFG Holding is one of the largest financial institutions in MENA. It operates in 12 countries across three divisions: the investment bank (EFG Hermes), non-bank financial institutions (EFG Finance), and the commercial bank (aiBANK). The company had regional AUMs of over $5.2 billion in 2023, with its investment bank division concluding 28 transactions worth $7.6 billion, including the $2.5 billion IPO of ADNOC Gas on the Abu Dhabi Securities Exchange and the $1.2 billion IPO of the ADES Holding Company on the Saudi Exchange.