Menacorp ranks number 1 on UAE markets for first half of 2015

Menacorp, the UAE’s leading financial services firm, has been ranked the number one brokerage firm in the UAE for the first half of 2015 in terms of trade value and market share, according to official data published by the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). The award-winning investment firm topped 49 competing companies to take the highest position on UAE

© Press Release 2015

Award-winning firm surpasses 49 competitors in terms of trade value and market share
Menacorp, the UAE’s leading financial services firm, has been ranked the number one brokerage firm in the UAE for the first half of 2015 in terms of trade value and market share, according to official data published by the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX). The award-winning investment firm topped 49 competing companies to take the highest position on UAE exchanges for H1 of 2015 despite challenging conditions.

Consistently delivering industry-leading services, Menacorp has reinforced its leadership in the DFM where it ranked number one consecutively for 2013 and 2014. It demonstrated a robust business model even during the period when trading volumes were almost half of what they were for the same period of 2014.

Fathi Ben Grira, CEO, Menacorp, said: “Menacorp continues its leading streak on UAE markets with notably a clear leadership on the DFM. We are particularly proud of this ranking as it reflects the strong relationship we have built with our clients throughout the years as well as the sustainability of our business model. Despite very fluctuating and challenging market conditions, Menacorp remained the company of choice on UAE markets as investors massively chose to trust our services during good and bad times.”

“It is a great achievement to be ranked number one on UAE markets for H1 of 2015, confirming our performances of the past years. It does not only demonstrate the strength of our customer service but also the exclusivity of our investor-friendly solutions. Moreover, we pride in our team of highly trained and dedicated professionals who have been providing an exclusive service experience to our clients.” concluded Nabil Al Rantisi, Managing Director Brokerage, Menacorp.Menacorp, the premier financial services group for the MENA markets offers Investment Banking, Securities Brokerage, Asset Management, Financial Research, and Shariah-compliant Financial Solutions. It is authorized and regulated by both the Emirates Securities and Commodities Authority and the Dubai Financial Services Authority. Menacorp is chaired by Mr. Hamad Ghanem Bin Hamoodah and is fully owned and financially supported by the prestigious Abu Dhabi-based conglomerate Bin Hamoodah Group.

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About Menacorp:
Menacorp is an award-winning financial services firm 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.
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