sentences:  The opening follows the Firm's acquisition of Pakistani brokerage Invest and Finance Securities Ltd. (IFSL), which will operate as EFG Hermes Pakistan Limited.In April 2008, EFG Hermes acquired 51% of Vision Securities Co. LLC in Oman at a PE ratio of 11.5 compared to EFG Hermes’ PE ratio of 16.6.EFG Hermes has long since accounted for substantial flows into the Omani market on behalf of its foreign institutional clients, and is now able to serve a broader base of clients from its presence on the ground in Oman.EFG Hermes IFA, the brokerage arm of EFG Hermes in Kuwait, is a brokerage firm on the Kuwait Stock Exchange (KSE) with a client base including a wide array of retail, VIP and high-net-worth clients, as well as local, regional, and international institutional investors.