Foursan Group announces that Basem Salfiti joins the firm

Previously he was an Executive Director at Morgan Stanley where he worked within the investment bank as part of the technology banking team in London. Whilst in this role he completed several major transactions, including the sale of Skype to eBay, the restructuring and sale of Marconi to Ericsson, and the IPO of Sistema. Basem holds an undergraduate degree with honors from Brown University and MBA with honors from Columbia University.

Commenting on his appointment, Basem Salfiti said, "I am joining Foursan at a time when there are very significant opportunities for the group in the Middle East. The opportunity to work in such an entrepreneurial environment as well as to participate in developing the business was something I found highly attractive. I very much look forward to working with the team."

Leith Masri, a Partner of Foursan Group added, "We see significant opportunities for investment across the Middle East and Basem's experience in investment banking both in mergers and acquisitions and bringing companies to the public markets will be a great asset. We welcome him at the firm."