sentences:  EFG created and analyzed privatization plans for the Egyptian government for several years.In 1993, The Egyptian Financial Group and Hermes independently made a move into securities brokerage.The two companies competed and both companies brought many investment strategies that were common to the west to Egypt as several of the two firm's founders had Wall Street experience in corporate finance, sales & trading and asset management;, for example Hermes established the first equity index in all of Egypt.