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.

 






  MENA News Headlines
 Jul 27 2014 - New dates for Plastivision ArabiaspanKhaleej Times
(MENAFN - Khaleej Times) Po Centre Sharjah will continue to partner with the All India Plastics Manufacturers Association or Aipma the oldest and the largest apex body of the plastic industry in ...

 Jul 27 2014 - First physical delivery of plastics futures contract done by DCCCspanKhaleej Times
(MENAFN - Khaleej Times) E DCCC which acts as the clearing house for the DGCX is the central counterparty for each trade carried out on the exchange.The Dubai Commodities Clearing Corporation or DCCC ...

 Jul 27 2014 - Ajman Bank to distribute DMCC coinsspanKhaleej Times
(MENAFN - Khaleej Times) E UAE Gold Bullion Coins are available in four denominations weighing 1oz 1/2oz 1/4oz and 1/10oz.The Dubai Multi Commodities Centre or DMCC has announced that Ajman Bank is ...

 Jul 27 2014 - SIB launches Splendid Summer OfferspanKhaleej Times
(MENAFN - Khaleej Times) Arjah Islamic Bank or SIB has launched its Splendid Summer Offer a new highly-competitive personal finance product with the lowest rates ever starting from only 2.The move is ...

 Jul 27 2014 - Six Emirati families get new AvanzaspanKhaleej Times
(MENAFN - Khaleej Times) Med at making reliable and affordable mobility available to a larger segment of the society the initiative empowers members of the UAE community with the right transport ...

 Jul 27 2014 - Busy Eid for Abu Dhabi hotelsspanKhaleej Times
(MENAFN - Khaleej Times) Cupancies set to be increased as competition has never been so tough Emirates Palace like other hotels in Abu Dhabi have revved up their offers for Eid. — Supplied ...

 Jul 27 2014 - Dubai retailers look to continue brisk businessspanKhaleej Times
(MENAFN - Khaleej Times) Tailers are anticipating another year of enthusiastic buying and selling as all major malls in the emirate witness an increase footfall this summer.Fashion apparel home ...

 Jul 27 2014 - Bank of Baroda marks 107th foundation dayspanKhaleej Times
(MENAFN - Khaleej Times) Ma Moorthy garlanded the portrait of Sir Sayajirao Gaekwad III and lit a lamp to mark the celebration of 107th foundation day.Bank of Baroda recently celebrated its 107th ...

 Jul 27 2014 - Gulf Intl Bank posts 50.2m first-half profitspanKhaleej Times
(MENAFN - Khaleej Times) T interest income at $76.Gulf International Bank reported a consolidated net income after tax of $50.2 million for the six months ended June 30 2014 compared to $60.6 million ...

 Jul 27 2014 - ABC Islamic Bank gains up 25 at 7.5mspanKhaleej Times
(MENAFN - Khaleej Times) Erating expenses increased to $3.ABC Islamic Bank on Saturday announced that its net profit for the first half of 2014 was $7.5 million 25 per cent higher than the profit of ...

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