Al Ahram Brokerage Securities Brokerage S.A.E. targets within this year adding financial portfolio management to its activities as well as getting the Nile Stock Exchange’s nominated advisor licence, board member Soliman Nazmy said Monday.
Nazmy stated that dding the financial portfolio management to Al Ahram’s current activities requires increasing the company’s capitalisation by EGP 5 million to EGP 23 million. That is what Al Ahram will put into consideration with the coming phase, he noted, referring that the company’s current capitalisation amount to EGP 18 million.
Al Ahram is considered one of the oldest brokerage firms in Egypt, it’s history goes back to the 50’s, bringing a wealth of experience and know how to its clients and to the markets.