Leading UAE bank Mashreq was named “Best Bank in the UAE†and GulfMerger, a financial and investment advisory firm, was named the “Best Merger & Acquisition House in Kuwait†at the Euromoney Awards for Excellence Middle East.
Mashreq won the award for the fourth time in the last 16 years.
Mashreq CEO Abdul Aziz Al Ghurair was given the “QFC Euromoney Award for Outstanding Contribution to Financial Services in the Middle East†for his work in promoting the UAE banking industry.
Simon Brady, Euromoney magazine CEO, said: “Euromoney was impressed by the growth evident in all aspects of Mashreq’s business – it has one of the strongest consumer franchises in the UAE. Mashreq was selected as this year’s best UAE bank, based on key criteria such as transaction volume, market share, customer service, competitive pricing and innovative technologies.â€
Al Ghurair said: “The award for Best Bank in the UAE is a tremendous achievement.â€
You may consider reading further :
- UAE banks assets rise 8% in 2012
The Board of Directors of UAE Banks Federation held its first meeting at the Mashreq Bank Headquarter in Dubai, Headed by H.E. AbdulAziz Abdulla Al Ghurair, Chairman of UAE Banks Federation; the Bo... - Got cash? Get invested in UAE stocks now!
Most people are actually out of cash most of the time. Especially after 2008, since the financial storm swept the world, "lack of liquidity" became a common expression in personal conversations, du... - Banking sector- the most targeted for cybercrime in UAE
Cyber-attacks have mostly targeted the banking sector, including the ATM and Internet banking applications, in the UAE, a report published in the January issue of 999 Magazine - the official Englis... - Middle East banking industry registered 6.9% increase in 2012, says study
According to a new study by The Boston Consulting Group (BCG), the banking industry in the Middle East settled at single digit revenue growth in 2012 with a 6.9 percent increase. The increase in pr... - Banking Technology & Innovation Summit gears up for a big show this year in Dubai
Over 150 senior banking and financial professionals have already confirmed their participation at the 2nd Annual Middle East Banking Technology & Innovation Summit, due to be held at the Emirat...
Follow Dubai Chronicle on Twitter at
@DubaiChronicle
Comments
Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!