Investment firm outperforms 49 competing companies at Dubai Financial Market
January 4, 2015
MENACORP, the UAE’s largest financial services firm, has been ranked the number one brokerage firm in Dubai by trade value for 2014, according to official data published by the Dubai Financial Market (DFM). The award-winning investment entity, chaired by Hamad Ghanemem Bin Hamoodah, beat 49 competitors to take the top position at the DFM exchange for the entire year, consistently delivering industry-leading services behind its philosophy of ‘Values Creating Value.’
As one of the few UAE-based brokers authorized by the Securities and Commodities Authority to offer Margin Trading and access to regional and international markets, MENACORP performed exceptionally well in 2014. In line with its growth strategy, the company witnessed an ambitious expansion drive and now boasts of the UAE’s largest sales team with 50 professionally qualified front-office staff.
Fathi Ben Grira, CEO, MENACORP said: “MENACORP ranked first for the second consecutive year in 2014 at DFM, reaffirming our market leadership in offering unique brokerage and investment solutions. We have a highly experienced team consisting of some of the finest financial professionals in the MENA region led by a dynamic Managing Director for Brokerage, Nabil Al Rantisi, who has been instrumental in our recognition. We have outlined an ambitious strategy for 2015 which will enable us to further strengthen our position in the UAE and the region. We will continue to focus on the quality of service with an aim to create new benchmarks in customer service. Additionally, in addition to our existing offices in Abu Dhabi and Dubai, we will open new offices in Al Ain and Sharjah to be closer to our customers and at the same time attract more talent to be part of our vibrant company.”
MENACORP is and backed by one of the largest and most diversified Emirati conglomerates, the Bin Hamoodah Group – the company’s main shareholder.