CFI Monetary Group introduced on Thursday the acquisition of an area Egyptian brokerage agency ‘El Mahrousa,’ paving its approach for additional enlargement into the Center East and East Africa (MENA).
The press launch shared with Finance Magnates detailed the acquisition that bolstered CFI’s place within the MENA area and strengthened its market share.
“CFI’s main place in MENA could be very strategic for us and the acquisition of El Mahrousa in Egypt comes about to solidify our place. The Egyptian market is a key market within the area, and we noticed we’ve to be there bodily by a regionally regulated firm,” Hisham Mansour, the Co-Founder and Managing Director of CFI Monetary Group, mentioned in a press release.
An Increasing Dealer
The choices of CFI embody buying and selling providers with foreign exchange and contracts for variations (CFDs) of a number of different well-liked asset lessons. The dealer’s operations are closely targeted within the Center East, with its regulated entities within the United Arab Emirates, Jordan and Lebanon. On prime of that, the dealer is regulated in the UK, Cyprus and Mauritius.
As well as, the brokerage group witnessed an inflow of demand as its buying and selling quantity jumped by 94 % within the first three quarters of the continuing 12 months. Its buyer acquisition charge additionally improved by 155 % year-over-year, whereas the variety of lively accounts jumped by 80 %.
Other than the geographical enlargement, CFI strengthened its choices. The dealer has added 1000’s of latest CFDs devices and new markets on its buying and selling platform previously 12 months.
Additional, CFI signed Pep Guardiola, a former Spanish footballer and the current English soccer membership Manchester Metropolis coach, as the worldwide model ambassador. Whereas sports activities sponsorships are frequent within the buying and selling trade, CFI is among the few who instantly contract soccer personalities for advertising and promotions.
In the meantime, CFI had just a few shuffles in its prime administration. Loukia Christoforou joined the dealer group in June because the Head of Mission Administration, whereas Chirine Daoud turned the brand new Advertising and marketing Director. Moreover, it named Stelios Thrasyvoulou because the Chief Know-how Officer. Nevertheless, its Group COO, Demetrios Zamboglou, left the corporate to affix Doto as Group CEO.
CFI Monetary Group introduced on Thursday the acquisition of an area Egyptian brokerage agency ‘El Mahrousa,’ paving its approach for additional enlargement into the Center East and East Africa (MENA).
The press launch shared with Finance Magnates detailed the acquisition that bolstered CFI’s place within the MENA area and strengthened its market share.
“CFI’s main place in MENA could be very strategic for us and the acquisition of El Mahrousa in Egypt comes about to solidify our place. The Egyptian market is a key market within the area, and we noticed we’ve to be there bodily by a regionally regulated firm,” Hisham Mansour, the Co-Founder and Managing Director of CFI Monetary Group, mentioned in a press release.
An Increasing Dealer
The choices of CFI embody buying and selling providers with foreign exchange and contracts for variations (CFDs) of a number of different well-liked asset lessons. The dealer’s operations are closely targeted within the Center East, with its regulated entities within the United Arab Emirates, Jordan and Lebanon. On prime of that, the dealer is regulated in the UK, Cyprus and Mauritius.
As well as, the brokerage group witnessed an inflow of demand as its buying and selling quantity jumped by 94 % within the first three quarters of the continuing 12 months. Its buyer acquisition charge additionally improved by 155 % year-over-year, whereas the variety of lively accounts jumped by 80 %.
Other than the geographical enlargement, CFI strengthened its choices. The dealer has added 1000’s of latest CFDs devices and new markets on its buying and selling platform previously 12 months.
Additional, CFI signed Pep Guardiola, a former Spanish footballer and the current English soccer membership Manchester Metropolis coach, as the worldwide model ambassador. Whereas sports activities sponsorships are frequent within the buying and selling trade, CFI is among the few who instantly contract soccer personalities for advertising and promotions.
In the meantime, CFI had just a few shuffles in its prime administration. Loukia Christoforou joined the dealer group in June because the Head of Mission Administration, whereas Chirine Daoud turned the brand new Advertising and marketing Director. Moreover, it named Stelios Thrasyvoulou because the Chief Know-how Officer. Nevertheless, its Group COO, Demetrios Zamboglou, left the corporate to affix Doto as Group CEO.
