Barclays named ‘Best Foreign Investment Bank' in the United Arab Emirates by EMEA Finance

EMEA Finance recognises the breadth of debt, equity and M&A transactions in the UAE over the past 12 months

Dubai, United Arab Emirates: Barclays has been named ‘Best Foreign Investment Bank’ in the United Arab Emirates (UAE) by EMEA Finance at the Middle East Banking Awards.

The award, which is widely considered to be one of the high profile accolades in the Finance industry, recognises Barclays’ outstanding performance, quality execution, service levels, and innovation in the investment banking sector. It highlights the bank’s role as a leading joint bookrunner, joint global coordinator and financial advisor to some of the largest transactions mandates across the UAE during 2014. 

Barclays’ industry specific and geographic expertise, product capability and international footprint provide clients with access to a platform capable of delivering superior capital market transactions as evidenced by the breadth of debt, equity and key M&A deals within the UAE. 

Makram Azar, MENA Chairman and Vice Chairman of Investment Banking at Barclays PLC, said: “Our local presence and expertise combined with Barclays’ global capabilities enable us to offer a superior client proposition.  This award recognises Barclays’ value proposition in the UAE as well as the team’s efforts in working successfully with clients on high-profile transactions.”

He added: “Over the past year, the team at the Investment Bank worked relentlessly on landmark transactions and successfully supported clients in the UAE access international as well as regional capital markets demonstrating the breadth of our business in the MENA region as well as Barclays’ global placement capabilities. Our current pipeline, the diversity of our transactions, and recurring mandates demonstrate Barclays’ superior execution capabilities in the investment banking sector.”

EMEA Finance’s Middle East Banking Awards recognise the achievements of the best commercial, investment and Islamic banks as well as asset managers and brokers in countries across the Middle East. EMEA Finance is a leading bimonthly global industry publication that reports on the major financial events and developments initiated and influenced by the international financial industry active in Europe, Middle East, and Africa (the EMEA region).