Menacorp honoured at GCC Investment Awards

TradeArabia News Service

UAE-based Menacorp, a leading investment bank, received two major recognitions at the 2013 GCC Investment and Development Awards held recently by London-based World Finance Magazine.

Menacorp was named ‘Best Securities Dealing Services’ and ‘Best Financial Research Firm’.

World Finance has been recognizing industry achievement, innovation and brilliance through its annual awards since 2007. A judging panel with a collective experience of 230 years of financial and business journalism picks out winners through the support of a research team and the key insights of readers.

Menacorp CEO Fathi Ben Grira accepted the company’s two awards during a ceremony held at the London Stock Exchange in the presence of senior representatives of World Finance Magazine.

“It is indeed a great achievement for our team and for our shareholders of the Bin Hamoodah Group overall to be honored by a publication as prestigious as World Finance Magazine, and for two awards at the GCC level at that. This recognition is a testament to Menacorp’s emergence as a respected player within the regional financial services industry. It also reflects our successful realization of the visions of our chairman, Hamad Ghanem Bin Hamoodah,” said Ben Grira.

For 2014, Menacorp plans to engage in several initial public offerings (IPOs) across the UAE markets and continue to provide critical research support for clients

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