Al Ahly Capital acquires Pharos Securities
The bank finishes the procedures for acquiring Pharos Securities, Pharos Portfolio Management, and Pharos First Fund within a month
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Prime Holding offers to acquire 100% of Pharos Securities, investment banking, bookkeeping arms
The proposed acquisition aims to increase the market share of Prime Holding in the Egyptian market to compensate for the low transaction values in the Egyptian market, Prime Holding Vice Chairperson, Mohamed Maher, told Daily News Egypt
Financial Group maintains leadership among securities companies in June
Financial Group maintained its dominance over the brokerage firms in June, with a total volume of EGP 4.99bn, representing a market share of 15.4%. It took the lead in the main market excluding deals and deals market, as well as institutions’, Arabs’, and foreigners’ transactions. The Commercial International Brokerage competed over the second place with …