NEWS

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Positive Sentiment Awaiting Validation

February 2nd, 2017 – Improving clarity on FX supply and demand dynamics should steadily encourage foreign investors to leverage lucrative interest differential – Slower private consumption and investment growth in the short term to be largely offset by an improved net import position – Budget deficit likely to remain stretched on higher USD-based expenses and elevated debt service...

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HC Research MPC meeting expectations

November 15th, 2016 – The Central bank of Egypt’s (CBE) Monetary Policy Committee (MPC) exceptionally hiked its rates by 300bps with the exchange rate liberalization decision on 3 November 2016. Along with the hike, several monetary tightening tools have been introduced, including some banks offering 18 months certificates of deposits with up to 20% interest and...

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HC signs MOU with Oxford Business Group

September 8th, 2016 – Egypt’s Drive to Entice Investors to List on Exchange Set for Analysis in Forthcoming Report – HC Securities & Investment signs MOU with Oxford Business Group.  Egypt, August 2016: A number of new listings on the Egyptian Exchange (EGX) over the past two years have made the bourse one of the best-performing in...

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HC, the Exclusive Financial Advisor to Hikma PLC on its Acquisition of EIMC United Pharmaceuticals S.A.E.

March 23rd, 2016 – HC Securities & Investment (www.hc-si.com) has successfully acted as the exclusive financial advisor to Hikma PLC (LSE: HIK) (NASDAQ Dubai: HIK) (Hikma), the fast growing multinational pharmaceutical group (www.hikma.com) on the acquisition of 97.7% of the share capital of EIMC United Pharmaceuticals S.A.E. (EUP) (http://www.eimcunited.com); the Egyptian pharmaceutical company, for 300...

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HC Acted as the Exclusive Financial Advisor to MEG Misr for Glass on its acquisition of 100% of the share capital of Misr Glass Manufacturing Company.

January 19th, 2016 – HC Securities & Investment (www.hc-si.com) is pleased to announce it has successfully acted as the exclusive financial advisor to MEG Misr for Glass S.A.E., a fully owned subsidiary of Middle East Glass Manufacturing Company (“MEG”) (MEGM.CA) (www.megglass.com) on the acquisition of 100% of the share capital of Misr Glass Manufacturing Company S.A.E....

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HC starts its expansionary plan with 3 branches in Cairo & Suhag

May 6th 2015 –Hussein Choucri: “We attempt to widen the outreach of our services to meet our clients’ needs in addition to extending our financial services to the retail sector” Reflecting its expansionary vision, HC securities and investment organizes a press conference to announce the launch of 3 new HC Brokerage branches in Cairo &...

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Shawkat El Maraghy wins a seat in the “Investor Protection Fund” board

November 4th, 2014 – Seif El Din Awani – Managing Director at Wedyan  & Shawkat El Maraghy, Managing Director at HC won in the investor protection fund elections. The investor protection fund election’s commission has declared that Seif El Din Awani – Managing Director at Wedyan  & Shawkat El Maraghy, Managing Director at HC won the...

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HC Brokerage ranked third in 2013

January 15th, 2014 – HC Brokerage ranked third in 2013 HC Brokerage was ranked the third among Egyptian brokerage firms in 2013 with a total market share of 6.3% in terms of traded values. HC was also ranked the first in terms of value traded in OTC market in 2013 with total market share of...

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HC raised LE 260 million for “Ataqa Steel”

January 12th, 2014 – HC has successfully managed the IPO of 10% of Misr National Steel Company “Ataqa” shares in the Egyptian Exchange Market. The IPO offered 3 million shares at a total value of almost LE 60 million.According to statements issued by the Egyptian Exchange after the closing of the Offering on Thursday January 9th, the...

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HC Brokerage ranked first by deals traded volume, 2Q 2013

July 2nd, 2013 – HC Brokerage ranked first by deals traded volume , 2Q 2013, executing transaction worth 9.75 Billions EGP through 23500 transaction , this lead comes as a result for executing major deals such as BNP Paribas and Edita food industries deals.Shawkat El Maraghy ,Managing director at HC Brokerage commented that the firm is looking...