Fundamental to EFG Hermes’ success, our fully independent Research Team is recognized for providing the highest quality and most in-depth coverage of Saudi Arabian market.

We offer our individual and institutional clients an unparalleled range of products and services backed up by the region’s leading research house that allow you to buy and sell a wide range of securities

Our research analysis combines three fundamental elements
Equities Research
Providing up-to-date and comprehensive bottom-up coverage on 49 stocks listed on the Tadawul Stock Exchange.
Strategy and Index Research
Combining our macro and bottom-up work to provide indispensable analysis on key equity themes and markets performance, the team also provides Index research and fund flow analysis.
Macro Research
Our thorough macroeconomic analysis provides contextual and top-down macro expectations of Saudi Arabia.

Our research is complimentary — and exclusive — to our clients. We offer fair, unbiased coverage of stocks, sectors and economies. The head of the department reports directly to the Firm’s Chief Executive Officer, in-line with international best practices. The result has been comprehensive coverage that commands respect from a diverse range of buy-side clients, corporations, industry-focused media and other stakeholders.

Online Research Portal

Clients can access our research products through our online research portal “Research Online”, which offers our clients one-stop access to all EFG Hermes Research products, including equity, industry, and economy and strategy coverage and supporting data. Research Online also offers clients the latest news on major listed equities, daily coverage of economic and political developments that help shape market sentiment, and EFG Hermes Research’s top 20 MENA stock picks.

The Portal is fully searchable and includes three years of historical data and research coverage that are updated daily with the latest news and closing valuations.

If you are an EFG Hermes client, you may log in to ”Research Online” to view our diverse research product offerings

With unrivaled on-the-ground access to the major markets in the region, EFG Hermes Research provides you with the most insightful, relevant, high quality, and up-to-date, commercially driven research products you could possibly need.
Daily Products

The EFG Hermes MENA-1 and MENA-2 Morning Roundups provide you with our analysts’ outlook on the top stories in the region as well as brief updates on equities. We produce two MENA morning news round-ups and 1 market wrap-up daily that are categorized by country.

Maintenance Products

Our maintenance products include “Company Flash Notes” that provide you with our timely and insightful commentary on key financial results, previews and reviews as well as notifications of suspension of coverage and corporate action adjustments.

Event Driven Notes

Our event-driven notes include breaking news about M&A’s, regulatory changes in the market and any events that might directly or indirectly affect the companies and the stock market.

Industrial and Thematic Sector Notes

Our sector notes take an in-depth look at key sectors, identifying key business drivers and challenges.

Index Research

This includes both the Hermes MENA indices and sector indices.

Annual Products

Our award-winning annual MENA Investment Perspective Yearbook, which we publish in December each year, is now recognized as the most comprehensive guide to MENA equities available.