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Business 1 min read 67 views

Menacorp Ranks First on Dubai Financial Market and Nasdaq Dubai for 2016

January 2, 2017: Menacorp has actually been ranked the leading securities brokerage firm in Dubai for the full year 2016 in terms of trade value and market share, inning accordance with main information published by the Dubai Financial Market (DFM) and the Nasdaq Dubai. The investment firm covered 49 competing companies to take the greatest placement on the DFM and uploaded an impressive 60.51 % market share for equity futures trading on Nasdaq Dubai, becoming the undisputed leader on this recently introduced market.

Menacorp has preserved its leading setting on the DFM in continuation because 2013. The company is at the helm of the UAE's major exchange for the fourth consecutive year. By additionally being the leading player on Nasdaq Dubai equity future market, Menacorp has actually established itself as the main safeties brokerage company in Dubai and as a major actor of the Middle East and North Africa financial (MENA) sector.

Commenting about the firms ranking, Fathi Ben Grira, Chief Executive Officer, Menacorp, stated: "It is an excellent honour for all our team to be recognized, this year once again, as the leading securities brokerage firm in Dubai. We are happy for the commitment of our clients that have maintained their depend our firm throughout the years. This success would have not been feasible without the complete commitment of all our employees led by our Managing Director of Brokerage firm, Nabil Al Rantisi. Each member of our group went the extra mile to provide the best readily available product and services to our clients during a duration characterized by really challenging market problems."

" On a final note, I wish to highlight the constant assistance of our investors stood for by H.E. Faraj Ali Bin Hamoodah in his capacity of Chairman of the Bin Hamoodah Group. The support of our Board of Directors represented by its Chairman Mr. Hamad Ghanem Bin Hamoodah was likewise important to ensure that Menacorp stays at the top of the United Arab Emirates economic solutions industry," wrapped up Ben Grira

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