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Egypt’s FEP Capital awarded best direct investment firm

London’s International Finance magazine presented Egyptian company FEP Capital with the awards for best direct investment company and fastest growing investment bank, in Egypt, in 2015.

The magazine presented FEP Capital with the awards at a ceremony at the Landmark Hotel, in London, on November 27.

The awards were presented by Peter Meyer, chairman of the Middle East Association for promotion and facilitation of investment in the Middle East and North Africa, as well as Kofi Abu, chairman of the commerce and investment department in the in the Supreme Ghanaian council, and Thomas Mabon, head of the treasury and financing sector in the council.

“I’m proud that our company managed to win these awards”, said Omar El Maghawry, managing director of the company. “We worked hard to accomplish achievements in both fields of direct investment and investment banks, and we exceeded our own expectations. We are looking forward to more investments in the Egyptian market in the near-future.”

On the sidelines of the celebrations, El Maghawry explained the company’s vision and expectations for direct investment and the activity of investment banks in his interview with London’s stock exchange, which appeared on the main page of International Finance magazine.

FEP Capital is considered one of the leading companies in the field of financial services. The company was established in 1995 under the name White House Securities Services.

From its formation in 1995 until 2007, the company relied on the establishment of companies and the promotion of securities, benefiting from the state of the Egyptian market at the time.

After the outbreak of the global financial crisis in 2008, the company began to rely more on promotion and coverage of IPOs, in an attempt to cope with the post-crisis conditions of the market. During the four following years, the company managed to promote a large number of successful IPOs in the Nile Stock Exchange for small and medium enterprises, making itself a leader in the field.

Source: Daily News Egypt

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