GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

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 : GoDubai Editorial Team
Viewed 3239 times
Posted on : Monday, June 17, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Al-Futtaim Engineering & Technologies Sponsor annual Genesys G-Summit Middle East 2019
Next Story : Sophos Boosts Intercept X for Server with Endpoint Detection and Response to Help Businesses of all ...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Tonda 1950 Stone-set range'
Parmigiani Fleurier Kalpagraphe Chronometre Titanium
Transform Your Bedroom and Sleep Like a King With Robinsons' Latest Bedlinen Col...
Colourful Anniversary Limited anniversary edition now available in new colors
Toric Hémisphères Rétrograde Slate The traveller's watch featuring a new guilloc...
Aston Martin Valkyrie Wows Crowds on Public Debut at Silverstone
Special edition 2019 Ford Expedition ‘Turath' arrives in Al Tayer Motors and Pre...
Happy Eid with Corum Golden Bridge Round 39
Dubai-based Blue Ocean Group expands into UK distribution market ahead of Brexit
Mouawad unveils the Mouawad Dragon Yellow and White Diamond Suite, featuring the...
Sports Collection - Autumn Winter 2019
Salvatore Ferragamo Timepieces – Summer 2019 Collection
Tissot Heritage 1973 The racing legacy
The inauguration of codeshare flights between Kuwait and Istanbul-Sabiha Gö...
Ralph Lauren at The Championships, Wimbledon – Wednesday 10th July
Schneider Electric's Biggest Engineer-to-Order Factory in Asia Utilizes IIoT Tec...
Picnic Indoors This Summer with Marks & Spencer
The Perfect Shave Kit for your Summer Travels
Kitchen Hacks: 8 Clever Ways to Smart Storing
Celebrated singer and composer Quratulain Balouch set to perform at Rajmahal The...
Ralph Lauren at The Championships, Wimbledon – Sunday 14th July
Summer Skin Rituals with SUKIN
Union Coop Reports 20% Growth in Net Profit for the First half of 2019
Dubai's leading school operator to launch Affordable IB School in Dubai- Ambassa...
Ride Into the New School Year with the Coolest Gear
Peugeot announces sizzling summer offers
IHG signs world's largest voco with Maad International in Saudi Arabia
Lincoln Nautilus: Luxury Redefined Inside and Out
Robotics and Automation to the Fore at Materials Handling Middle East
FW 2019 Amazone'
Empower launches “Intelligent Delta- T Analyzer and Detector”
UAE Team Emirates Opens Its Account at the Tour De France With a Second Place Fi...
Summer-ready BABY-G G-Lide BAX-100 makes splash this hot season
Dubai Duty Free and Arabian Automobiles raffle a Nissan GT-R this holiday season
Philipsen and Kristoff Claim Top 10 Spots for Uae Team Emirates in Stage 7 Sprin...
Ras Al Khaimah and Singapore to Discuss the Bilateral Cooperation'
Injazat Partners with Nuance to deliver Cloud-based Speech Recognition Technolog...
Union Coop Releases ‘First' Update of Its Electronic Share Trading Platform
Al Qutami chairs DHA CEO council meeting
Purificacion Garcia Introduces the Women's FW19 Collection
Canadian University Dubai joins Silk-Road Universities Network
Etihad Airways Recommences Flights to Khartoum
All-out Sprint in Albi as Philipsen Takes Sixth and Martin Breaks Into the Gener...
Automation Anywhere Expands into the Middle East with the Opening of Regional He...
Dubai International Financial Centre Continues to Prioritise Ease of Doing Busin...
Ahmed Mahboob Musabih welcomes DGEP Coordinator General
MoHAP Youth Council Discusses Mutual Cooperation with Civil Defence Youth Council
Emirates' US-bound passengers soon to have Wi-Fi, mobile connectivity and Live T...
Schneider Electric Launches First Smart Factory in Mexico Implementing Innovativ...
First results from Arc Skills' programme show how gamification can transform edu...