CFI Financial Announces New Unit in Cairo, Egypt

Fazzaco learned that CFI Financial Group, a leading multi-asset broker specializing in online trading, has opened a branch, CFI Egypt, in Cairo, in order to further enhance its global foothold.

The new entity is under the regulation of the Financial Regulatory Authority (FRA). Now CFI Financial's clients in Egypt can access 200+ EGX-listed stocks.

This follows CFI Financial's expansion into Egypt through the acquisition of a local brokerage firm, El Mahrousa​, in November 2022.

"CFI's leading position in MENA is very strategic for us, and the launch of CFI Egypt aims to solidify our position even further. The Egyptian market is a major one in the region, and we look forward to the exciting opportunities ahead for Egyptian investors wanting to access the markets and invest", noted Hisham Mansour, Co-Founder and Managing Director of CFI Financial Group.

"We are excited to bring our expertise as a global trading provider to the Egyptian market. The Group is always pushing towards more and better, and we aim to bring our clients in the region a seamless trading experience with better access and highly competitive conditions," added CEO of CFI Egypt, Sameh El Azab.