Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

MENACORP launches new Abu Dhabi Securities Exchange offices to help energize local stock market  Join our daily free Newsletter

MENAFN Press - 21/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) unveiled its new offices at the Trading Floor of the Abu Dhabi Securities Exchange (ADX) at Al Gaith Tower, Abu Dhabi. The ADX presence will enable MENACORP to play an active role in energizing the UAE Capital's stock market while drawing the brokerage firm closer to its customers.



Among the high-profile figures present during the ribbon-cutting ceremony were ADX officials Ghanem Hamad AlDhaheri (Deputy Chief Executive Officer for Operations Affairs), Mohammad Hareb Al Muhairi (Head, Clearing Settlement, Depositary & Registry Dept.), Abdulla Salim Mohamed Al Nuaimi (Manager, Market Surveillance Section) and MENACORP officials Hamad Ghanem Bin Hamoodah (Chairman), Khaled Ghanem Bin Hamoodah (Board Member), Khalifa Faraj Bin Hamoodah (representing shareholders), Moncef Ben Hamida (General Manager, Bin Hamoodah Company), Fathi Ben Grira (CEO), Petr Molik (CFO), and Nabil Al Rantisi (Managing Director - Brokerage)



The new offices' Customer Service and Trading Desk will expand MENACORP's execution capabilities within the UAE equity markets while supporting the ambitious growth plans of ADX. It will complement activities at MENACORP's local headquarters in Khalifa Street. The brokerage also has a branch in Dubai Financial Market.



Hamad Ghanem Bin Hamoodah said: "The financial services industry shall play a major role in the diversification of UAE's economy. In Abu Dhabi, the ADX is the cornerstone of such diversification thanks to its dynamism and continuous innovation. As the leading financial services firm of the country it is our responsibility to play our part as well. By having offices directly located on the ADX trading floor we can significantly enhance the services rendered to investors and reinforce the renewed trust they have on the UAE markets.



MENACORP is an award-winning investment bank that aims to emerge as a premier financial services group for the MENA markets. Guided by its philosophy of 'Values Creating Value,' MENACORP's business lines include Investment Banking, Securities Brokerage, Asset Management, Financial Research, and Shariah-compliant Financial Solutions


About MENACORP
MENACORP is an Abu Dhabi “based award-winning investment bank 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.

 


MENAFN Press




  MENA News Headlines
 Oct 31 2014 - Saudi Arabia's Sedco Capital eyes $300m Europe real estate dealThe Peninsula
(MENAFN - The Peninsula)  Jeddah-based Islamic investment firm Sedco Capital plans to arrange a club investment of up to $300 million in European real estate, and will soon distribute its Luxembourg ...

 Oct 31 2014 - Qatar Exchange index falls on heavy sell-offThe Peninsula
(MENAFN - The Peninsula)  Qatari stocks plunged on heavy profit-taking yesterday, a day after Federal Reserve announced its decision to wound up its over five-year-long quantitative easing stimulus ...

 Oct 31 2014 - Kuwait prioritizes protection of human rights - EnvoyKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  The State of Kuwait on Thursday reaffirmed respect for human rights out of belief in their crucial role in the achievement of sustainable development.The Kuwaiti ...

 Oct 31 2014 - Kuwait welcomes Sweden's recognition of Palestinian statehoodKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  Kuwait welcomes Sweden's decision to recognize Palestine as an independent state, a senior Foreign Ministry source said on Thursday.The decision comes in line ...

 Oct 31 2014 - Ban condemns Sudan hostilitiesKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  UN Secretary General Ban Ki-moon strongly condemned the resumption of hostilities between the Sudan People's Liberation Army (SPLA) and Opposition forces in ...

 Oct 31 2014 - US, Israeli officials discuss ISIL, IranKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  Senior US officials working on the Obama Administration's counterterrorism strategy met with their Israeli counterparts on Thursday for the semi-annual meeting ...

 Oct 31 2014 - Kuwaiti Speaker condemns Israeli closing of Aqsa MosqueKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  We condemn the unjustly Israeli act of closing the Holy Aqsa Mosque in the face of worshippers, Kuwait's National Assembly Speaker and Chairman of the Arab ...

 Oct 31 2014 - S. Korean Pres. calls for more economic ties with Saudi ArabiaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  South Korean President Park Geun-hye on Friday called for expanding economic ties with Saudi Arabia, saying the two countries should seek exchanges in new areas ...

 Oct 31 2014 - EU condemns ISIL atrocities in IraqKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))  The EU Friday expressed condolences to the families of the tribesmen who were killed in recent ISIL atrocities in the Anbar province, as well as to the families ...

 Oct 31 2014 - OPEC basket price down by 45 cents to USD 82.79 pbKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA))   OPEC daily basket price stood at USD 82.79 a barrel Thursday compared with USD 83.24 the previous day, the cartel said on Friday.The annual rate of the OPEC ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help