Register | Forgot password?
Switch to Arabic
Saturday, November 28 - 2009
in Advanced Search
Welcome Log in | Register for free | Why register? | Free industry newsletters
Home : News : Company News : E : EFG-Hermes
Page navigation Browse related articles
« Previous article Next article »

EFG-Hermes to provide DIFX investment opportunities to retail investors in the UAE

  • United Arab Emirates: Tuesday, November 07 - 2006 at 12:06
  • PRESS RELEASE

Leading regional investment bank, EFG-Hermes, has become the first UAE broker and DIFX Member to be granted permission to give its retail investors access to the Dubai International Financial Exchange (DIFX).

Article continues below ▼
  • Seif Fikry, Head of Brokerage at EFG-Hermes UAE.
    Seif Fikry, Head of Brokerage at EFG-Hermes UAE.

Related stories

Dedicated EFG-Hermes RSS feed EFG-Hermes RSS feed
Seif Fikry, head of EFG-Hermes Brokerage (UAE) explains:

"As a UAE broker, we are regulated by the Emirates Securities and Commodities Authority (ESCA). We are able to trade DIFX securities for retail investors through another subsidiary of the EFG-Hermes group, which is a DIFX Member. We are pleased to be in a position to offer participation in this exciting exchange to a broader base of investors".


Fikry continues, "Retail will be a major factor in the development of the DIFX as strong local brands come to market. We are excited to be a part of DIFX's drive to reach its goals."
Also consider reading:
Aldar announces completion of Ferrari World Abu Dhabi external structure.
Salaries have fallen in most sectors
Capt. Rabadi (left) and Khamash (right).
Range Rover Sport 2010 model
Home : News : Company News : E : EFG-Hermes
Page navigation Browse related articles
« Previous article Next article »
Log in to request more information from EFG-Hermes
Related site: http://www.efg-hermes.com

Notes and media contacts

About EFG-Hermes Brokerage
EFG-Hermes Brokerage facilitates customer transactions for a diverse base of over 30,000 institutional and individual clients in the US, UK, Europe and the Middle East, and enjoys unparalleled reach into multiple markets.

In 2005, EFG-Hermes achieved 23.5 per cent brokerage market share in Egypt, and 6% in the UAE, and is increasingly present across regional markets. In March 2006, EFG-Hermes became the first regional financial institution to gain membership of the DIFX as a trading and dealing member.

If you would like to receive a full copy of this report, or if you require any further information, please contact:

Ellie Thompson
Hill and Knowlton
Tel: +971 4 3344930
Mobile: +971 (0)50 625 7260

Tania Atallah
Hill and Knowlton
Tel: +971 4 3344930
Mobile: +971 (0)50 467 5661
Anne-Birte Stensgaard Posted by Anne-Birte Stensgaard, Senior News Editor
Tuesday, November 07 - 2006 at 12:06 UAE local time (GMT+4)

Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.

This article was updated on Tue Nov 28 2006.

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions

News Releases
Special Reports »
Events Coverage »
Industry News
Video
Audio
Financial Markets
Country News
News and Comment
Business Services »
Country Guides »
Register Now

AMEinfo.com is audited by ABC ELECTRONIC

Audited Unique Users
Mar 2009: 1,642,723
Newsletter »

Subscribe to our range of e-newsletters

AMEinfo.com Jobs »
White Papers Library »

Search the AMEinfo.com White Papers Library for the latest technology papers

Businesses for Sale »

Find a business or franchise for sale or advertise to sell your business

News Alerts »

Get Watchlist news alerts on industry or individual company news, as it happens, straight to your inbox

Business Directory »

List your company details for FREE in the regions biggest online directory

Access company information for 14 countries in the Middle East for FREE

301,511 companies from 14 Middle East countries

Current Events Directory »

Access the region's biggest directory of events, taking place across the Middle East for FREE

472 upcoming events in the Middle East

News »
Mobile

Read AMEinfo.com while out and about on your mobile via our special hand held site

Follow AMEinfo.com
  • Twitter
  • Facebook
  • RSS
  • Newsletters
© 1996 - 2009 AME Info FZ LLC / Emap Limited. All rights reserved.
Version 3.3.0
Advertising | Contact | Content | Corporate | Feedback | Privacy Statement | Terms of Service | Featured sites | Subscribe to AMEinfo.com Web FeedsWeb Feeds