Egypt’s Prime expects to start financial brokerage services in August

Egyptian investment bank Prime Holding expects to begin offering financial brokerage activities within the next month, the group’s vice chairman Mohamed Maher said on Tuesday.

“We are expecting to begin our financial brokerage activities through three new branches within August, as we are on the process to obtain the final approvals from the Egyptian Financial Supervisory Authority (EFSA).” Maher told Amwal Al Ghad.

Prime’s anticipated branches will be in Nasr City, Maadi districts along with another one in Alexandria, Maher said.