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Business 1 min read 25 views

Menacorp ranks first on Dubai Financial Market for 2015

According to main data released by the Dubai Financial Market (DFM) on Sunday 3rd of January 2016, Menacorp is the top safety and securities broker agent firm by trading value as well as market share for the complete year2015. The milestone declares the firm's leading position in the country's economic landscape. This marks the third consecutive year that the company has actually taken the leading spot in the DFM, the major exchange of the United Arab Emirates.The leading position for the 3rd consecutive year was a major success offered the fact that Menacorp is taking on 49 other establishments including the majority of the UAE-based banks.

Talking about the firm's ranking, Fathi Ben Grira, Chief Executive Officer, Menacorp, claimed "considering that the establishment of the DFM in 2000, no other firm has actually accomplished such an impressive performance for 3 consecutive years. Menacorp inhabits a special position in the marketplace as it is the only monetary solutions company in the nation to be accredited on the 4 UAE exchanges (DFM, ADX, Nasdaq Dubai as well as Dubai Gold and Commodities Exchange) and to supply accessibility to local and selected global markets. For 2016, we will keep on applying the vision of our Chairman Mr. Hamad Ghanem Bin Hamoodah which is built on the 2 pillars: consolidation of our management on UAE markets as well as diversity by supplying access to even more markets to our customers".

"Menacorp continuouslied maintain its leadership in the face of radical changes in market problems. We confirmed our capacities to be the safety and securities broker agent firm of choice throughout bullish market

problems (i.e. in 2013 as well as 2014) yet likewise throughout even more tough times like in 2015. All our group is exceptionally proud of the trust that our clients are positioning in us. This trust does not just originate from UAE based capitalists however additionally from clients in Saudi Arabia, Qatar, Kuwait, Bahrain, Oman, Egypt, Jordan and also Lebanon significantly (without discussing global banks in Europe and the US) that increasingly more rely on our services for their trading needs in the entire MENA region" wrapped up Nabil Al Rantisi, Managing Director Brokerage.

Menacorp is backed by among the largest and also most varied Emirati corporations, the Abu Dhabi-based Bin Hamoodah Group-- the company's main shareholder.

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