Barclays has won the ‘Best Foreign Investment Bank’ in the Middle East by EMEA Finance at the Middle East Banking Awards.
The award recognised Barclays’ leading position as a top player in mergers and acquisitions (M&A), equity capital markets (ECM) and debt capital markets (DCM) across the Middle East and North Africa (Mena) region; leading on a wide range of high profile advisory and capital market transactions for sovereign, corporate and financial institutions, said a statement.
The judging panel of EMEA Finance also highlighted Barclays’ key achievements over the past 12 months which were driven by one of the largest and most senior on-ground investment banking teams in the Middle East, it said.
Makram Azar, chairman of Banking for Europe, Middle East, and Africa (EMEA); chairman of Barclays Mena; and vice chairman of Investment Banking at Barclays, said: “We are pleased to receive such a prestigious award which recognises the depth and breadth of Barclays’ offering in the Middle East, the expertise of our regional teams and the continued dedication and commitment to our clients across the region.
“Our regional knowledge and understanding, combined with our global capabilities, allow us to provide our clients with expert Investment Banking services across all sectors in the region.”
The EMEA Finance’s Middle East Banking Awards celebrate the achievements of retail banks, investment banks, asset managers, and brokerage houses in the Middle East region. - TradeArabia News Service
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