Osool to Sponsor Listing of Two Construction Firms in NILEX This Year

Egypt-based Osool for Securities Brokerage plans to manage the listing of two firms in the local stock market for the small and medium-sized enterprises (SMEs) – NILEX within this year.

According to a recent statement to Amwal Al Ghad, Executive Board Member Ehab Said revealed Osool’s plans to lead the listing of two firms working in Egypt’s construction sector in the Nile Stock Exchange (NILEX).

Said further noted that Osool has obtained by the beginning of 2014 the Nominated Advisers Licence which enables it to sponsor the listing of applicant companies in NILEX.

Osool ESB Securities Brokerage Co SAE is an Egypt-based company engaged in the securities brokerage sector. The Company offers a range of tools include snap ticket, trigger orders, saved orders, web market watch and customizable trading application, and online trading system training services. The Company also provides daily reports. The Company is a broker in the Egyptian stock exchange.