DUBAI: BH Mubasher Financial Services PJSC signed a Memorandum of Understanding (MOU) with Osool ESB Securities Brokerage , a public company listed in Egypt that provides Stock brokerage and trading services.
The memorandum was signed by Mr. Abdel Hadi Al Sa’di, CEO of BH Mubasher, and Mr. Ayman Mohammed Sabri, Vice Chairman of the Board of Directors at Osool, with the aim of joint cooperation and work on trading Osool’s clients through BH Mubasher directly in global markets .
AlSa’di said, “This memorandum of understanding confirms the position, role and efforts of BH Mubasher in the financial markets sector at a regional level, and indicates our strong network of relationships with financial companies around the world, and the extent of the trust of these companies place in us. These agreements that we enter into indicate that we are achieving important successes, and encourage us to continue making great efforts.”
For his part, Sabri said, “We are happy to sign the Memorandum of Understanding with our partners in BH Mubasher, especially since the reputation, position and role of the company has become known not only at the level of the financial markets in the UAE, but also at the regional level.
This agreement brings an added value in our work as we will collaborate with BHM and look on the global markets with confidence .
BH Mubasher Financial Services (earlier known as Al Safwa Mubasher Financial Services) is a listed entity on the Dubai Financial Market with a paid-up capital of AED 564 million and provides a wide range of financial services and investment products. www.bhmuae.ae