UAE-based Menacorp Financial Services has been ranked the number one brokerage firm in the UAE for the first half of 2016, according to official data published by the Dubai Financial Market (DFM).

A leading financial services firm, Menacorp has won the honour in terms of trade value and market share, and bested 49 competing companies to secure the leading position at the DFM, it stated.

Demonstrating its leadership in consistently delivering industry-leading services, Menacorp has consecutively ranked number one at the DFM annually since 2013, it said.

The award-winning investment firm has performed strongly even during challenging market conditions, it added.

Commenting on the ranking, CEO Fathi Ben Grira, said: “Our firm continues to maintain a strong lead at the DFM, which not only demonstrates its sustainable business model but also reflects its steady relationship with its clients built over the years.”

“Even though the UAE’s financial market has witnessed fluctuations and challenges, investors have opted to choose and trust the services offered by us on the DFM,” he said.

Menacorp specialises in portfolio theory, wealth management, asset pricing, risk management and regulations, providing world-class expertise and state-of-the-art execution to its clients comprising financial institutions, corporations, family offices, distinguished high net worth individuals, and government bodies, it stated. – TradeArabia News Service