01 OCTOBER 2006
EFG Hermes expands brokerage operations to Al Ain
Supporting the recent move by the Abu Dhabi Securities Market (ADSM) to set up an exchange floor in Al Ain, EFG Hermes has announced the expansion of its brokerage operations to the city. Al Ain will eventually have representation from 30-40 brokerage houses, and EFG Hermes’s presence there will increase the firm’s breadth of trading capabilities across the UAE and offer clients living and working in the vicinity a more convenient way of trading. Seif Fikry, Head of Brokerage at EFG Hermes UAE, said: 'The Al Ain branch is another addition to our customer-centric brokerage services. Along with the newly opened Contact Centre in the Emirates Towers in Dubai and our recently launched online trading service, we are aiming to give investors across the UAE more control over their investments.' EFG Hermes also has branches at the Dubai Financial Market (DFM), ADSM, and in Ras Al Khaimah.