For Immediate Release

HC Brokerage Participates in the 3rd MEED Capital Markets Conference in Dubai

Cairo, Egypt -September 28th, 2005- HC Brokerage, one of the leading brokerage firms in the country, announced today that it participated in the 3rd MEED Middle East Capital Markets Conference that was held in Dubai, UAE, from the 20th-21st of September, 2005.

The conference was held in order to discuss the status and future of the region’s markets approaching the USD1.0 trillion mark in capitalization, types of listed instruments, including equities, bonds and Islamic sukuks. The conference also touched upon an array of issues including: Interaction and cooperation between regional capital markets, the launch of the Dubai International Financial Exchange (DIFX), developments in Egypt, Jordan, Morocco and Tunisia, the vibrant environment for IPOs, the emergence of private equity, and a look at the future of the sukuk. HC Brokerage also took this opportunity to hold private meetings with their regional client’s, network and meet new potential clients, in addition to discussing the subject of client maintenance calls.


“We are very pleased to have partaken in the MEED conference,” said Hussein El Sherbiny, Chairman & Managing Director of HC Brokerage. “The conference was beneficial in the way that it acted as a great tool of collaboration by bringing together various investment firms from the same region to discuss significant issues and topics that directly affect our business and clients in this part of the world, ”he added.


A delegation from the Saudi Arabian Capital Market Authority was present to accept a lifetime achievement award on behalf of its chairman, H.E. Jammaz al-Suhaimi. The authority was represented by Mr. Mazin Al-Romaih, CMA Corporate Finance Director; Mr. Musaed Al-Nemer, Head of Tadawul Market Information & Marketing; and Dr. Abdulaziz Al-Zoom, Media & Investor Awareness Director. The conference’s keynote speaker was Lynton Jones, Chairman, Dubai International Financial Exchange. The conference was also attended by HC Executive Director and Head of Research, Ms. Nashwa Saleh, and Hossam Montasser, Gulf Sales Associate.

Organizations that participated, included; Arab Petroleum Investment Corp, BankMuscat, Kuwait Financial Centre, Linklaters, National Bank of Kuwait, Olayan Saudi Investment Company, Saudi German Hospital, The Bank of New York, and UBS, among others.

“The conference allowed all participants to meet and talk candidly, thus enabling us to gain a better understanding of our clients needs and region’s requirements in addition to gaining deeper insight of the fascinating developments the region is currently undergoing,” said Nashwa Saleh, CFA, Executive Director & Head of Research.



About HC Brokerage:

In order to expand and complement their investment banking and asset management services, HCSI acquired Global Investment Securities (GIS) in 1999, later renamed HC Brokerage. Since its establishment, HC Brokerage has rapidly grown to become on of the top brokerage firms in Egypt, providing clients with unrivalled brokerage services such as a wide-array of products, high turnover, superior-quality research and service. Ranking among the top five brokerage firms in the country in 2004, HSB’s fixed income desk is among the three most active in terms of bond trading volume. The company also provides brokerage services to clients wishing to trade in Global Depository Receipts (GDR’s) listed on the London Stock Exchange and Sovereign Eurobond issues of Egypt and other countries.
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