Attributes success to robust business model
April 6, 2015: Menacorp, the UAE’s largest financial services firm, has achieved another milestone after it was named the top brokerage firm from among the 49 listed brokers at the Dubai Financial Market (DFM) for the first quarter of 2015. The award-winning investment firm ranked first in terms of trade value and market share for the first quarter of 2015 confirming its 2013 and 2014 ranking, a feat that affirms its leadership in providing world-class financial services to corporations, financial institutions, high net worth individuals, and government entities.
Despite challenging conditions that saw low trading volumes over the same period last year, MENACORP still performed strongly due its robust business model. Its expertise in securities brokerage, financial services and financial research delivered in accordance with its core values has consistently propelled it to the top position.
Fathi Ben Grira, CEO, Menacorp |
Fathi Ben Grira, CEO, Menacorp, said: “Being ranked as the top broker at DFM for the first quarter of 2015 after being ranked first for two consecutive years in 2013 and 2014 is a major feat for the company. The secret behind our success is our client-focused services. We give special attention to our customer service and risk management services to maintain our clients’ confidence and trust in our capabilities regardless of the market conditions. This shows that we put great value on establishing and sustaining our long-lasting relationship with our roster of key customers.”
“Our latest number one ranking is also a testament to our sound policies and strategies. Rest assured that we will remain committed to providing cutting-edge solutions delivered at the highest standards of excellence and work ethics. We will continuously strive to exceed our past achievements in line with our mission to always exceed expectations.” |
Menacorp is one of the few UAE-based brokers authorised by the Securities and Commodities Authority to offer Margin Trading and access to regional and international markets. The investment firm is backed by one of the largest and most diversified Emirati conglomerates, the Bin Hamoodah Group, which is the company’s main shareholder.