CI Capital Ranks Third At The Globally Renowned 2018 Extel Survey For Middle East And North Africa

June 10, 2018

Its top three ranking is a testament to the team’s continuous efforts to provide international quality services, with local insights, across MENA

CI Capital reaffirms its position as one of the leading research houses in the Middle East and North Africa (MENA) region, with a top 3 ranking in the 2018 Extel Survey for MENA, driven by its quality research product. The annual survey received over 1.2m votes from 11,333 individuals at 4,022 firms, and CI Capital’s number 3 ranking comes out of a total of 39 participating global, regional and local firms.

Commenting on the Extel survey results, Alia El Mehelmy, CI Capital’s Head of Research, “We are extremely proud with the survey results. The recognition attained is a testament to our continuous efforts to sustain top notch performance. We strive to provide insightful MENA equity research where all our products are objective, financially rigorous, presentable and timely. We focus on offering quality investment ideas and topical themes.”

CI Capital’s Research team covers approximately 100 stocks across 6 markets in the MENA region, across financials, insurance, real estate, construction, materials, logistics, consumer and the healthcare sectors. “This growth has been calculated, in a steady manner, to ensure that our research ideas carry the necessary breadth and rigorous financial analysis,” added El Mehelmy.

“Our strategy focuses on expanding the range of our products and the MENA equity coverage as well as continuously structuring a team of highly ranked analysts. In November 2017, we launched sector-agnostic small & mid cap coverage in Egypt to strengthen idea generation, with a focus on identifying overlooked stocks for the firm’s retail and local institutional clients,” said Karim Khadr, CI Capital’s Head of Securities Brokerage. “We also target coverage of 120 stocks across the MENA region by 2020, and to continue providing actionable investment opportunities and/or risks for our clients.”