HC Securities & Investment

What HC Securities & Investment does

HC Securities & Investment is a privately held, full-service investment bank headquartered in Cairo, Egypt, founded in 1996 by Hussein Choucri. The firm operates across five integrated business lines: Investment Banking (M&A, capital markets, and financing advisory with over USD 6.6bn in cumulative transactions and 48 deals executed between 2001 and 2022), Asset Management (7 mutual funds and 30+ discretionary portfolios with EGP 5.5bn in AUM, distributed through partnerships with 8 Egyptian commercial banks), Securities Brokerage (ranked among the top 10 in Egypt, executing equities, GDRs, bonds, and OTC trades through the proprietary HC Online platform), Research (sector and macroeconomic coverage with top-tier 2025 analyst rankings), and Custody (settlement, registry, GDR processing, and corporate actions for 4,760 clients). Distribution is anchored by eight branch offices across Egypt and a Dubai DIFC subsidiary (HC Middle East Limited) regulated by the DFSA.

The firm runs on a conventional digital stack: an in-house online trading platform (HC Online / trading.hconline.com.eg) providing retail and institutional market access on the EGX, an exclusive research portal (hcresearch.com), and standard back-office integration with MCDR for custody settlement and the FRA for licensing. There is no disclosed AI/ML capability, proprietary trading models, or developer APIs.

Revenue is generated through a mix of recurring and transaction-based streams: advisory fees on episodic M&A and capital-markets mandates, recurring management and performance fees on EGP 5.5bn AUM, transaction commissions on brokerage flow, custody fees across thousands of accounts, and subscription-based research. Customer segments span large Egyptian corporates (Nestlé Egypt, Vodafone Egypt, Edita, Wadi Group, Minapharm), financial institutions (FAB Misr, QNB, Suez Canal Bank, Credit Agricole Egypt, Emirates NBD, MetLife Egypt), government entities (Egypt Post), sovereign wealth funds, high net worth individuals, and retail investors. Go-to-market is relationship-driven, combining direct institutional sales, bank-branch fund distribution, the HC Online self-serve trading channel, and an annual virtual conference (HC-Avior) that connects international investors with 28+ EGX-listed companies.

Name

HC Securities & Investment

Legal name

HC Securities & Investment

Website

https://hc-si.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

251–500 employees

Short description

HC Securities & Investment is a Cairo-based full-service investment bank offering investment banking advisory, asset management, securities brokerage, research, and custody services to corporates, financial institutions, sovereigns, and retail investors across Egypt and the MENA region.

Ownership category

akta.pro rank

Product category

Investment Banking Services

NAICS

Investment Banking and Securities Intermediation (52315), Portfolio Management and Investment Advice (523940), Open-End Investment Funds (52591)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

akta.pro secondary industries

Corporate Finance & Capital Advisory (BPAHADAB), Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

Keywords

• Investment banking advisory
• Securities brokerage services
• Asset management funds
• Equity research analysis
• Securities custody services

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Investment Banking Advisory: Financial advisory services including M&A, capital market transactions, and financing advisory for corporate clients across Egypt and MENA region
2. Asset Management: Managing 7 mutual funds for commercial banks and portfolios for institutions and sovereign wealth funds with AUM of EGP 5.5bn
3. Securities Brokerage: Brokerage services for equities, GDRs, bonds, treasury products, and online trading through HC Online platform. Ranked among top 10 securities brokerage firms in Egypt
4. Research: Financial research services provided to institutional and retail clients covering Egyptian Exchange listed companies and macroeconomic analysis
5. Custody Services: Custody services including settlement of buy/sell transactions, securities depository, shareholder services, and dividend collection for 4,760 clients

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

HC Securities & Investment is a full-fledged investment bank offering five integrated business lines: Investment Banking advisory (M&A, capital markets, financing transactions), Asset Management (7 mutual funds for commercial banks and portfolios for institutions and sovereign wealth funds), Securities Brokerage (top 10 in Egypt, with online trading), Research (sector and macroeconomic coverage of Egyptian listed equities), and Custody Services (settlement, registry, GDR processing, and corporate actions).

Product overview

HC Securities & Investment is a full-fledged investment bank offering an integrated suite of financial services composed of five core business lines: Investment Banking (advisory on M&A, capital markets, and financing, with over USD 6.6 billion in IBD transactions), Asset Management (7 mutual funds and 30+ portfolios with AUMs of EGP 5.5 billion), Securities Brokerage (ranked among the top brokers in Egypt with online trading capability), Research (sector and macroeconomic analysis covering Egyptian listed equities), and Custody Services (settlement, registry, GDR processing, and corporate actions). The firm operates through its main offices in Cairo and a subsidiary, HC Middle East Limited, in the Dubai International Financial Centre (DIFC). Client-facing digital platforms include HC Online (proprietary online trading portal) and the HC Research Portal (for exclusive access to research reports). The Asset Management arm manages 15 named investment funds spanning money market, balanced, equity, and capital preservation strategies, including the Suez Canal Bank Fund No. 1, FAB Misr (Al Awal) Daily Cumulative Return Fund for Liquidity, FAB Misr (Etm'nan) Capital Preservation Fund, Agricultural Bank of Egypt Fund No. 2, QNB (Tadawol) Fund, Misr Al Mostakbal Company Investment Fund, and Credit Agricole Bank Egypt Balanced Fund No. 4.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Banking

Quantifiable outcome

• USD 6.6bn in investment banking transactions completed
• +4 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered core.

• Avior Capital MarketscoreGTM or Marketing Partner · 3 June 2026HC Brokerage and Avior Capital Markets co-host the annual Egypt Virtual Conference, now in its sixth year. The conference connects regional and international institutional investors (from US, UK, Europe, South Africa) with Egyptian Exchange listed companies through group and one-on-one meetings. This partnership reinforces Egypt's position as a compelling investment destination and highlights the depth and resilience of the Egyptian capital market.
• First Abu Dhabi Bank (FAB) MisrcoreChannel Partner/ Reseller/ DistributorHC Asset Management manages two mutual funds for FAB Misr: FAB Misr (Al Awal) Daily Cumulative Return Fund for Liquidity and FAB Misr (Etm'nan) Capital Preservation Fund. These funds are distributed through FAB Misr's branch network.
• Suez Canal BankcoreChannel Partner/ Reseller/ DistributorHC Asset Management manages Suez Canal Bank Fund No. 1 for Suez Canal Bank, distributed through the bank's branch network.
• Agricultural Bank of EgyptcoreChannel Partner/ Reseller/ DistributorHC Asset Management manages the Agricultural Bank of Egypt Fund No. 2 (Al Hasad Al Yaumy) for Agricultural Bank of Egypt, distributed through the bank's branch network.
• QNB (Tadawol)coreChannel Partner/ Reseller/ DistributorHC Asset Management manages the QNB (Tadawol) investment fund for Qatar National Bank Egypt, distributed through the bank's branch network.
• Credit Agricole Bank EgyptcoreChannel Partner/ Reseller/ DistributorHC Asset Management manages the Credit Agricole Bank Egypt Balanced Fund No. 4, distributed through Credit Agricole's branch network.
• Egyptian Exchange (EGX)coreStrategic or Co-development PartnerHC Brokerage is a member of the Egyptian Exchange, executing trades and listing services for securities on EGX. The company facilitates listing of companies on the exchange and intermediates OTC market transactions.
• Misr for Central Securities, Registration and Depository (MCDR)coreTechnology or IntegrationHC Custody provides settlement services for securities transactions through Misr for Central Securities, Registration and Depository, Egypt's central depository for securities.
• Financial Regulatory Authority (FRA)coreOthersHC Brokerage is an Egyptian registered company and member of Egypt's Financial Regulatory Authority (FRA), which regulates the non-banking financial markets.

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Others

• Egyptian Exchange (EGX): The Egyptian Exchange is the primary securities exchange on which HC Brokerage executes trades and provides listing services. EGX is an ecosystem participant rather than a direct competitor, but it is the foundational infrastructure on which HC's brokerage and custody revenues depend.

Regional players

• SHUAA Capital: SHUAA Capital is a UAE-based regional investment bank offering investment banking, asset management, and securities services across the GCC. It is a comparable regional peer to HC's Dubai DIFC operations, targeting similar cross-border M&A and capital markets mandates across the Middle East.
• Arqaam Capital: Arqaam Capital is a Dubai-based regional investment bank specializing in MENA equities, debt capital markets, and asset management. It is a regional peer comparable to HC's brokerage, research, and capital markets advisory franchise across the Middle East.
• Mashreq Capital: Mashreq Capital is the asset management arm of Mashreq Bank (UAE), offering regional and global investment solutions to institutional and HNW clients. It is a regional asset management peer comparable to HC's EGP 5.5bn AUM mutual fund and institutional portfolio business.
• Emirates NBD Capital: Emirates NBD Capital is the investment banking arm of Emirates NBD, providing M&A advisory, ECM/DCM, and brokerage services across the UAE and wider MENA. It is a regional peer competing for the same GCC-Egypt cross-border mandates that HC targets, including notable Egyptian M&A transactions such as the BNP Paribas Egypt acquisition.

Direct peers

• EFG Hermes: EFG Hermes is the largest investment bank in Egypt, offering investment banking, securities brokerage, asset management and research across MENA. It is the most direct peer to HC, competing for the same corporate finance mandates, equity trading flow, and institutional asset management mandates in Egypt, with significantly larger AUM and broader regional footprint.
• Beltone Financial: Beltone Financial is an Egyptian investment bank and brokerage with investment banking, asset management, and equity research capabilities. It competes directly with HC in Egyptian securities brokerage (also a top-10 firm), M&A advisory, and equity research, serving overlapping institutional and retail client segments.
• CI Capital Holding: CI Capital is an Egyptian full-service investment bank offering investment banking, securities brokerage, asset management, and research. It directly competes with HC on Egyptian ECM/DCM advisory mandates, brokerage market share, and institutional asset management, and serves a comparable institutional and HNW client base.

Broad incumbents

• Mubadala Investment Company: Mubadala is a UAE-based sovereign wealth investor with significant investment banking, capital markets, and asset management activities across MENA and globally. It is a broad incumbent that competes with HC for large cross-border M&A and capital raising mandates across the region.
• Goldman Sachs International (MENA): Goldman Sachs is a global bulge-bracket investment bank with expanding MENA coverage, particularly in Saudi Arabia and the UAE. It is a broad incumbent competing with HC for the largest Egyptian and cross-border M&A, ECM, and DCM mandates that drive IBD fee revenue.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/HCSecuritiesEG
• YouTubeyoutube.com/user/HCSecurities/featured
• Facebookfacebook.com/HCSI1996
• LinkedInlinkedin.com/company/hc-securities-&-investment

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HC Securities & Investment