Dubai PR Network, Online Press Release from Dubai and Middle East
 
Money, Business & Investments(Banking & Investments)
Filter PR by
  
Barclays Named ‘Middle East Financial Services Advisor of the Year' in Mergermarket M&A Awards 2019
 
Barclays Named ‘Middle East Financial Services Advisor of the Year' in Mergermarket M&A Awards 2019

Dubai, United Arab Emirates - 17 June 2019:   Barclays has been named Middle East Financial Services Advisor of the Year 2019 in the prestigious Mergermarket M&A awards, in recognition of its leadership in the Financial Institutions space. 

According to Mergermarket, the award is based on a number of factors, including Barclays’ commitment to client service and excellence, the high profile of advisory and capital market transactions and the banks global reach and execution capabilities.

Khaled ElDabag, Barclays Head of Banking, Middle East North Africa (MENA) and David Nataf, Barclays Head of Banking, Central Eastern Europe Middle East North Africa (CEEMENA) jointly commented: “This award by Mergermarket is a testament to our strong presence in the Middle East, one of Barclays’ priority markets. It recognises that our regional expertise, combined with senior advice and global reach, provides clients with unmatched advisory and execution services.  

“We’ll continue to work closely with our teams around the world to deliver seamless execution to our clients in the region.”

The 2019 Mergermarket award can be credited to a series of transactions Barclays has been involved in, including
a complex USD$17 billion three-way merger between ADCB, UNB and Al Hilal banks where Barclays acted as exclusive advisor to ADCB and the USD$300 million recapitalisation of Investbank by the Government of Sharjah where Barclays acted as exclusive advisor to Investbank.

In Equity Capital Markets, Barclays successfully completed in April and May this year the landmark London Stock Exchange listings of Network International (GBP2.2bn IPO) and Finablr (GBP1.2bn IPO).

Hazem Shish, Head of Financial Institutions Group, Middle East, Turkey and Africa added: “We are delighted to receive this award, which also reflects the quality of our people and the high profile of the transactions we’ve been involved in. Financial institutions across the Middle East are facing up to the challenge of increasing competition and uncertain macroeconomic conditions by considering the benefits of scale and the result is an environment that is conducive to further bank consolidation. We look forward to continuing to grow our financial institution franchise in the Middle East over the next 12 months.”  

Francesco Ceccato, Barclays Co-head of EMEA Financial Institutions Group for Banking added: “The MENA business is a powerful contributor to our overall FIG business in the broader region, as can been seen from recent transactions.  We are delighted to see our franchise strength recognized by this award.”

In addition to the Mergermarket awards, Barclays was recently also recognised as the ‘Best Foreign Investment Bank in the Middle East’ by EMEA Finance at the Middle East Banking Awards 2018.


Posted by : Dubai PR Network Editorial Team
Viewed 4837 times
PR Category : Banking & Investments
Posted on : Monday, June 17, 2019  11:17:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Al-Futtaim Engineering & Technologies Sponsor annual Genesys...
Next Story : Sophos Boosts Intercept X for Server with Endpoint Detection...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Move Aside C-beauty, K-beauty and J-beauty - There's a New Trend in Town and It Hails Fro... [8296-Views]
Autumn/Winter 19: Step out in the latest styles with City Centre Deira and City Centre Mir... [7131-Views]
Think LUNETTE for an earth-friendly period [6680-Views]
Restoration by Parmigiani Fleurier -The Yusupov Egg [5313-Views]
ACE launches its new and inspirational Outdoor collection [5240-Views]
Chain Reaction [5203-Views]
Dress for Diwali With the Rack by Kachins [5094-Views]
Sandro Launches Evening Capsule Collection [4880-Views]
‘A Gift of Gold' offers at Malabar Gold & Diamonds [4831-Views]
Celebrate guilt-free shopping to your fullest! [4752-Views]
VAIO returns to Middle Eastern in partnership with Nexstgo [4728-Views]
Eighth World Championship title in all categories for Tissot Ambassador Marc Marquez [4691-Views]
His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum Challenges the City to Be ‘I... [4551-Views]
Handbags and Gladrags [4538-Views]
Unifonic empowers business to capitalize on instant messaging apps to engage with customer... [4386-Views]
A new model for the ladies enriches the Corum AC-One collection with luscious femininity [4209-Views]
New Strategic Partnership with Hewlett Packard Enterprise to help accelerate Abu Dhabi Dig... [4178-Views]
Saudi Arabia's Ministry of Energy highlights enhanced cybersecurity credentials at GITEX T... [4099-Views]
The S Hotel Al Barsha reveals five new food and beverage offerings [4026-Views]
Hazzaa AlMansoori Undergoes Medical Experiments at Stars City as part of His Scientific Mi... [4020-Views]
Saif bin Zayed unveils first floating Smart Police Station [4014-Views]
Dubai Land Department welcomes Saudi Minister of Housing [4008-Views]
Save the Children Jordan launches TREE program “Transforming Refugee Education towards Exc... [3941-Views]
During a press conference to announce the completion of preparations of Summit that will b... [3928-Views]
Sofas for Lavish Lounging from 2XL Furniture & Home Decor [3904-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories