June 12, 2014 - MENACORP, the UAE’s leading investment bank, has won the prestigious ‘Best Brokerage House- Dubai’ award given by the Arab Federation of Exchanges (AFE) at the recently concluded AFE Equities Summit 2014 held in Dubai. The honor is the latest in a string of recognitions bestowed on the company, further bolstering its status as the country’s top investment bank. During the awarding ceremony, Hamad Ghanem Bin Hamoodah, MENACORP’s Chairman, received the award from Samer Habbal, General Manager, Finance and Risk, Middle East and North Africa, Thomson Reuters.
MENACORP’s Fathi Ben Grira, Chief Executive Officer; Petr Molik, Chief Financial Officer; Nabil Al Rantisi,Managing Director Brokerage; as well as other senior managers from the company were also present in the event. Jointly organized by AFE and Thomson Reuters, the high profile two-day summit gathered VIPs and high-ranking executives across the MENA region. The prominent figures who attended the conference were led by Rashid Bin Ali Al-Mansoori, Qatar Exchange’s CEO; Ahmed Saleh Al-Marhoun, Muscat Securities Exchange’s CEO; Hassan Al Serkal, Dubai Financial Market’s Executive Vice President and Chief Operating Officer; Ghanem Hamad Al Dhaheri, Abu Dhabi Securities Exchange’s Deputy CEO for Operations Affairs, Fadi Khalaf, Secretary General of the Arab Federation of Exchanges, and Mohamed Bichiou, Tunis Stock Exchange’s CEO.
Commenting on the award Bin Hamoodah said: “The annual AFE Equities Summit is one of the industry’s major events. Every year, MENACORP looks forward to attending the prestigious conference as it provides an ideal venue for all exchanges and financial stakeholders in the MENA region to tackle current trends, opportunities, and challenges. These discussions are crucial in our efforts to sustain and further achieve progress and development in the sector. This year, we are honored to be recognized by our peers as the leading financial services firms in the Dubai Financial Market. Rest assured that we will continue to raise the benchmark and deliver world-class services to our clients.”
The AFE Equities Summit 2014 saw the participation of experts from across the globe and leaders of the Arab financial markets. Like the previous summits, this year’s event also featured world-class regional and international speakers and panelists. The AFE is the main organizer of the summit in partnership with Thomson Reuters. It was established in June 1978 to be the guiding body for the Arab stock exchanges under the recommendation of the Arab Central Banks Conference. The federation’s mission is to create a transparent environment for the Arab capital markets, develop market members, and reduce the barriers of security trading across countries.
MENACORP is an award-winning investment bank that aims to emerge as a premier financial services group for the MENA markets. Guided by its philosophy of ‘Values Creating Value,’ MENACORP’s business lines include Investment Banking, Securities Brokerage, Asset Management, Financial Research, and Shariah-compliant Financial Solutions.
MENACORP is an Abu Dhabi –based award-winning investment bank authorized and regulated by the UAE’s Securities and Commodities Authority and the Dubai Financial Services Authority. Its extensive expertise covers financial advisory, brokerage, asset management and financial research provided across the Middle East and North Africa (MENA) region. MENACORP is backed by one of the largest and most diversified Emirati conglomerates, the Bin Hamoodah Group – the company’s main shareholder.