Jerusalem - Together - The Credit Financial Investment Brokerage Group (CFI) officially launched its work in Palestine, under the slogan (From local beginnings to global success), based on its constant endeavor to enhance the ability of Palestinian investors to access global markets through advanced technology and exceptional services.
This came during the official celebration organized by the group for the opening of its first branch in Palestine in the city of Al-Bireh, under the patronage of the Governor of Ramallah and Al-Bireh, Dr. Laila Ghannam, with the participation of the Chairman of the Board of Directors of the Capital Market Authority, Ammar Al-Aker, the Chairman of the Board of Directors of the Palestine Stock Exchange, Samir Hulileh, the CEO of the Credit Financial Investment Brokerage Company (CFI/Palestine), Sami Shreim, and representatives of private sector companies and institutions, businessmen, and investors.
Palestine is an important market and our goal is to enable traders to reach the international level
The founding partner and CEO of CFI Financial Group, Hisham Mansour, said: “Today we celebrate the launch of (CFI) Palestine, which was the third market for the group’s expansion during the year 2023 after Kuwait and Egypt. Thus, its branches have become spread in more than 13 countries around the world, and we aspire to further expansion.” And spread
He said: “Palestine is an important market for us, and our goal is to enable traders to access local and international markets with the latest technology and the best tools.”
We at CFI believe that trust is the foundation of everything and we gain it with time, and this is what we aspire to achieve in Palestine: the trust of traders and investors in us as the best company in this field.
A qualitative addition to financial brokerage services in Palestine
In turn, the Chairman of the Board of Directors of the Palestine Stock Exchange, Samir Hulileh, described, in his speech, the CFI company as distinguished, congratulating it and wishing it progress and success on the occasion of the opening of its first branch in Palestine. He said: “The opening of a brokerage company with the magnitude and experience of CFI, which extends for 25 years, is... A qualitative addition to financial brokerage services in Palestine, and as an introduction to the future aspirations that the Stock Exchange is working to achieve to improve the stock market.”
Hulileh hopes that this addition will play a fundamental role in contributing to supporting the executive framework to develop financial tools and services that serve most investors, and constitute real opportunities for developing the Palestinian economy, and exchanging economic expertise that will make the Palestinian financial market comparable to regional and global markets.
Hulileh believes that the Palestine Stock Exchange is taking confident steps towards creating a modern financial market that contributes to enhancing its goals in improving the Palestinian economic reality. He said: “We are working hard to strengthen the relations between us and the local, regional and international markets through our active participation in the most important economic events at the level of this industry, with the aim of Transferring a lot of experience and developing new tools and services, as we continuously seek to develop sources of market income and work to increase the investor base through several means put into effect, such as developing new financial tools and services, and providing technological services and solutions for listed companies and brokerage companies, especially with our focus on Awareness trend in the field of investment and trading by launching several campaigns that serve this trend.”
Hulileh urged cooperation with all partners in facing the major challenges facing the development of the Palestinian financial market, expressing his hope that the coming period will be full of achievements that contribute positively to achieving aspirations.
The Chairman of the Board of Directors of the Palestine Stock Exchange hopes that financial brokerage companies will play a greater role in stimulating the investment process by exploiting all available positive indicators and targeting investors, especially local ones, to direct their investments and savings in the financial market.
Palestine has important investment opportunities
For his part, the Chairman of the Palestinian Capital Market Authority, Mr. Ammar Al-Aker, confirmed that the Palestinian economy has promising opportunities for investment despite the great challenges that Palestine is experiencing. He said: “The Authority continues to work to regulate and develop the securities sector, in a way that achieves growth and stability in this sector and protects the rights of those dealing in it.”
Al-Aker expressed his wishes to CFI for success and growth within the Palestinian market to serve the securities sector and the Palestinian economy, and for their presence in Palestine to be one of their most successful global investments.
The opening of the CFI headquarters is an indication that Palestine is fine
For his part, the representative of Ramallah and Al-Bireh Governorate/Director General of Planning and Development, Ahmed Al-Khatib, said: “Despite the economic and political obstacles and difficulties, the opening of more investment companies confirms that our people deserve to live and are capable of making hope out of pain and moving toward a better life. Therefore, the opening of the headquarters The CFI Group is an indicator that Palestine is fine and investors’ interest in Palestine reflects a positive image of our various situations, wishing the group a fruitful start and positive investment.
Providing a great trading experience for investors
Meanwhile, the CEO of the Credit Financial Investment Brokerage Company (CFI) / Palestine, Sami Shreim, said: “You are our audience whom we have come to serve and work with and to present to them the outcome of our experience extending over more than two and a half decades in the field of financial trading and under the roof of Palestinian laws.”
He continued, "We are proud of our presence in Palestine, as we believe in the exceptional capabilities of the Palestinian people despite the unnatural circumstances they are going through. The Palestinian economy is a miracle in its ability to overcome political and economic obstacles, and it constitutes an incentive for international economic institutions to invest and work in the Palestinian environment thanks to what official and private institutions and all sectors provide." Facilities and incubating environments for investors and workers.”
Shreim added: “We have come to you to put in your hands the expertise and competencies of work teams that are the best in the region in our sector of work in terms of high professionalism, accuracy and efficiency, which is evidenced by the size of the investors who chose to work with us at the level of the world and the ocean, and some of them moved to us based on the trust that CFI enjoys.” .
He said: “We believe in investment and partnership, based on the vision, goals and mission adopted by CFI. Therefore, we will work hard with our experience and the hands of our employees in Palestine and abroad to keep this confidence ongoing and build on it in a way that empowers the Palestinian national economy.”
Shreim stressed that the promise that CFI made to itself as it entered the Palestinian market constitutes the compass for reaching the desired and carefully drawn goals, and our next hope is that we and you will be the strongest, most powerful, and most capable financial intermediary in the region.
He stated that (CFI chose to celebrate the twenty-fifth anniversary of its launch in Palestine as a pioneering company in the field of trading. It sets its sights on: developing its human cadres by providing training and modern experiences to be effective, productive, and supportive of the work audience and beneficiaries. Developing the technology of the world of trading with global visions for investors to benefit from it in the highest possible way. And the best possible ways.
He said: “We seek to provide a wonderful trading experience for our investors, and we will work in high harmony with the Capital Market Authority and the Palestine Stock Exchange to develop the infrastructure and technology that supports securities trading activity, and with the rest of the other Palestinian institutions and sectors. We have a common interest in developing the business and investment sector in the Palestinian market, which is What encouraged us and supported the idea of our presence today in Palestine.”
Unique experience for the Palestinian investor
As for the member of the Board of Directors and Executive Director of Financial Affairs of the CFI Group, Mazen Abbas, he said: “We are proud of your attendance at the opening of the group’s headquarters in Palestine, which was established with the aim of providing investment services and brokerage in trading in financial markets and other products, and we provide our services to investors through our companies spread around The world, and our choice of Palestine as the location for our new branch is due to our deep belief in the capabilities of Palestine and its rising and emerging financial market and the tools and components it possesses that make it attractive to us for investment.”
Abbas stressed what Palestine represents as one of the most important modern centers for investment, “and we believe in its potential and are keen to provide an investment climate for foreign companies, especially in the field of financial services, which are provided by the Capital Market Authority, as well as ensuring a sound legislative environment and laws like those found in developed countries.”
Abbas said: “We are proud of our experience extending for more than 25 years, in which we have provided our services to more than 100,000 investors around the world, and we are still searching for everything new in the world of trading to provide the best services and highly competitive products to investors within the highest standards of professionalism in the world of trading.”
He added, "We will provide a unique experience to the Palestinian investor so that CFI is the first name in the world of trading in Palestine. This is a goal that we will seek to achieve soon with the efforts of all partners." Emphasizing the group's commitment to being part of the fabric of the Palestinian economy and providing job opportunities for qualified people in the Palestinian labor market.
Brokerage companies compete to provide many services to investors
It is noteworthy that the number of financial brokerage companies in the stock exchange is 10 companies competing to provide many services to investors and clients with the utmost levels of transparency and efficiency, and they constitute the main nerve for the flow of liquidity in the Palestine Stock Exchange, thus playing a pivotal role in attracting and targeting investors to the stock exchange, which has more than 75 thousand shareholders who own... Active and effective accounts in various sectors, more than 64% of these accounts are local.
Source: Maan News Agency