Morgan Stanley Launch in Cairo

Cairo:
Morgan Stanley, a leading global financial services firm, announced their intention of seeking regulatory approval to launch an office in Cairo, a statement from the company read. The firm also revealed the appointment of Amr Diab as Executive Director and Country Representative for the Egypt office.
As we continue to grow our business in the Middle East and North Africa, Egypt is an increasingly important market for Morgan Stanley,Dr. Georges Makhoul, Morgan Stanleys
President for the Middle East and North Africa, said in a statement released by the firm.
While we have advised the Egyptian government and private corporations for many years, we believe that this is the right time for us to establish a Morgan Stanley presence in the country,
Makhoul added. Morgan Stanley has over 600 offices in 31 countries focusinon a wide range of investment banking, securities, investment management, wealth
management and credit services.