Borak Capital Holding S.A.E. Engages BGR Capital & Trade, LLC As Exclusive Financial Advisor

Published November 18th, 2009 - 02:49 GMT

Borak Capital Holding S.A.E. ("Borak") announced today the signing of an agreement with BGR Capital & Trade, LLC ("BGR C&T") whereby BGR C&T has agreed to act as the exclusive financial advisor to Borak.

Dr. Ayman Kandeel, Chairman of Borak commented, "We are excited about our new partnership with BGR C&T and look forward to working with them as we continue to grow our company. We believe that our development opportunities on the Nile and on the Mediterranean Coast of Egypt are unique opportunities to participate in the continued development of Egypt, and to showcase its history and beauty for generations to come."

Mr. Ken Griffin, President of BGR C&T said, "The combination of BGR C&T's experience in Egypt, unique relationships and advisory capabilities with the strength of Borak's management team and local opportunities present a very exciting opportunity. Not only will the Borak real estate developments be compelling business opportunities but will also have significant impact on the region."


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