Shuaa Capital expands research team at Cairo subsidiary

Wednesday 20 February 2019 01:37 PM


Shuaa Capital has announced expanding its Cairo-based research and analytics taskforce at its Cairo-based subsidiary Shuaa Securities – Egypt, the Gulf Today reported.
The company’s rapidly evolving Research division has devised a unique multi sector-specific approach to stock coverage and initiation, with a targeted scope of covering all sectors listed. With 2018 having been characterised by heightened volatility by historical measures across the Egyptian and regional markets, the need for more in-depth analysis of market intelligence and trends is growing.

Thus, Shuaa Securities – Egypt is now building momentum and working towards helping its clients sail through market volatility, both locally and globally.
The Shuaa Securities – Egypt Research division continues to be spearheaded by industry veteran Amr Hussein Elalfy, CFA who joined the Group mid-2018. With over 20 years of experience under his belt, Elalfy’s previous posts included Global Head of Research at Mubasher Financial Services and Director & Co-Head of Research at CI Capital.
On one hand, global markets volatility in 2018 has been driven by trade tensions between the United States and China, country-specific woes such as in Argentina and Turkey, and an overall tightening environment.