Pharos Holding has opened an office (pdf) in Dubai, Pharos Gulf Limited. “We are confident that the diversified portfolio of services offered by Pharos in Egypt and now the UAE, is representative of, and will benefit, the growing financial and economic links between Egypt and the UAE, as well as the wider GCC,” Chairman and CEO Elwy Taymour says. Pharos Gulf CEO Ismail Shoukry says Pharos sees growth across its divisions, saying that “the Pharos Dubai office should help to add to this growth and in the deepening of our Financial Advisory and capital and debt-raising services for an increasing base of clients in the UAE and the region.” Pharos Holding is now also developing non-bank financial services including finance leasing, microfinance, and insurance along with its core services of investment banking, securities brokerage, asset management, research, online trading, and bookkeeping.