Dubai - Mubasher: SHUAA Capital on Monday announced the opening of its securities brokerage arm, SHUAA Securities-Egypt in the Fifth Settlement, Al Tagamoa Al Khames, New Cairo.
SHUAA Capital’s announcement was made during a press conference held by the UAE-based company in Cairo, which was attended by a range of Egyptian and international economic figures, according to a company statement.
“We welcome SHUAA and are confident that its presence will bring added value to our economy and further enhance Egypt’s robust capital markets platform,” Egypt’s Minister of Investment and International Cooperation Sahar Nasr said.
“I would like to take this opportunity to thank the Egyptian Government and market regulators for their admission of SHUAA into the Egyptian market,” SHUAA Capital’s chairman Jassim Alseddiqi commented.
