Business

Menacorp, the UAE's biggest financial solutions company, was recently recognized and awarded Certificates of Recognition by the UAE Stocks and Commodities Authority (SCA) throughout the 7th Awarding Event of the Brokers Licensing Qualifications Program for many years 2016 - 2017. The event, held at the SCA properties in Dubai, collected several market participants and authorities from the Authority, consisting of H.E. Dr. Obaid Saif Al Zaabi, Performing President, SCA; H.E. Mohamed Khalifa Al Hadari, Deputy CEO for Organizational & Assistance Solutions; and Matthew Cowan - CISI Regional Director - Middle East along with members of the Board of Trustees of Securities and the Commodities Authority Training Center.

Practitioners handling securities or the derivatives sector in addition to Funding Market professionals in the UAE should pass the Chartered Institute for Securities and Investment (CISI) tests prior to they are accredited by the SCA. Additionally, the SCA uses a Continuing Specialist Advancement (CPD) program for all qualified professionals that are required to go through a minimum of 30 CPD hrs in knowing and training activities each year.

Nabil Al Rantisi, Managing Director - Broker, Menacorp, claimed: "It is an honor for our company to get this acknowledgment from our regulatory authority, the Securities and Commodities Authority as we have always put continuous education and training at the center of our top priorities. Our company believe that it is something we owe to our staff members as well as to our clients as it is the only way to ensure them that they are handling professionals on top of their game. We fully support the SCA's ambitious strategy to raise the benchmark for our local markets, which could only be attained with greater certifications and continuous training for financial professionals operating in broker agent firms. This award is a recognition of our past efforts and a terrific source of motivation for the years to come.

Menacorp's Maggie Mansour, Head of Compliance; Anube Aravind, Head of Back Office; Mohamed Al Omairi, Head of Trading Executive Office; and Mahmoud Ahmed, Telephone call Facility Agent, got the honours from H.E. Dr. Al Zaabi. Mansour and Aravind were handed Certificates of Recognition for being amongst the first 10 to finish the CPD in 2016. Al Omairi and Ahmed, on the other hand, were granted Certificates for finishing CISI qualifications.

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