Momentum Holding Group (“MHG”) aims to be a leading, fully integrated investment bank operate in Egypt offering a full range of financial services. The Group’s founders have extensive experience in investment banking in Egypt and Gulf markets, giving the group a unique advantage in serving Egyptian companies. This adds a sense of integration between the Egyptian and Gulf markets, whether by providing innovative financing solutions, communicating with Gulf markets, or offering promising investments with good returns to Gulf investors in the Egyptian market. The group focuses on the following activities as a start:
The group’s strong start represents support for the Egyptian government’s efforts to integrate Arab markets while diversifying innovative financing methods, such as Sukuk financing. The Egyptian state recently joined the sovereign sukuk market as a financing tool that can help attract more investment and reduce the burden on the state’s general budget, in addition to financing and developing numerous investment and service projects by investors and sovereign funds. Sukuk issuances are expected to increase in the coming years, as sukuk have become a new financing lifeline for the Egyptian state. In this context, Bait Al-Sukuk, a subsidiary of MHG is contributing to the revitalization of this promising market by helping Egyptian companies diversify their project financing sources to support their business plans and expansion. Bait Al-Sukuk is issuing various sukuk formulas, as follows:
MHG ‘s unique advantage lies in the expertise of its team and founders, who possess international and regional experience in both the Egyptian and Gulf markets. The Group also has supporting companies within its founding structure from the United Arab Emirates and the Kingdom of Saudi Arabia, which enhance the company’s growth in Egypt and achieve unique business integration between the Egyptian market and the Gulf Region.