Arqaam Secures Podium Position in MENA Extel Survey, Rises to Top 10 in South Africa

Wednesday, June 14, 2017

Arqaam Capital, the specialist emerging markets investment bank, has improved its ranking in this year’s Extel survey by one place clinching the third spot in the Middle East & North Africa ahead of 31 regional and global institutions.

Among those ranked 17 Arqaam Capital analysts and 4 equity sales individuals were voted in the MENA category, with the top ranked Arqaam analyst having secured the highest number of votes in the survey.

Arqaam Capital also made substantial progress outside the MENA region securing a top 10 position in South Africa and in Frontier Markets (up 8 positions in both categories). Arqaam Capital had also ranked in the top 4 position in the Africa-ex SA category (unweighted) in the South African Financial Mail survey.

Jaap Meijer, Managing Director, Equity Research at Arqaam Capital commented: ‘the results accurately reflect Arqaam Capital’s leading position in the region. We have steadily improved our rating in the Extel Awards over the last few years and now rank among the top, a testament to the quality of our product offering, research effort, and people, as well as our commitment to provide a timely and value added service. This positions us well for new MiFID2 rules. We still see room for further upside in our categories and are investing in teams and talent selectively.’

The Extel Awards are often referred to as the Oscars of the financial sector. Over 16,000 investment professionals from 3,200 buy-side firms, 283 brokerage houses/research providers and 1,113 quoted companies participated in the 2017 Extel Awards.

In a decade, Arqaam Capital has grown into a well-established investment bank operating four business segments, namely sales& trading, investment banking, asset management and alternative investments. Arqaam Capital is one of the top institutional full service brokers in the MEA region via seats in six Middle Eastern and African exchanges, supported by a strong network of local executing brokers. Arqaam covers close to 300 listed companies in the Middle East and Africa region across 27 countries and a wide range of sectors. The firm provides the largest global coverage of MENA equities representing over 60% of GCC market capitalization.

Latest News

REFUND OF CLIENT CASH AND ASSETS STILL HELD IN DORMANT ACCOUNTS WITH ARQAAM SECURITIES LLC

The Securities and Commodities Authority (SCA) has launched a new initiative to refund cash held in dormant accounts with brokerage firms, including those held with Arqaam Securities LLC. Investors who seek to reclaim their unclaimed funds must do so by submitting a ‘pay-back’ request to Arqaam Securities LLC, accompanied by necessary documents (such as ID or passport, bank details, account statements, and, if applicable, legal entity documentation or a power of attorney) as specified in the below announcement. Arqaam Securities LLC will then verify the claim and forward it to the Securities and Commodities Authority, which aims to process and transfer the funds within 5 business days, provided all required information is submitted.

إعادة أموال العملاء والأصول المحتفظ بها في الحسابات الخاملة مع شركة أرقام للأوراق المالية ذ.م.م

أطلقت هيئة الأوراق المالية والسلع مبادرة جديدة لإعادة الأموال المحتفظ بها في الحسابات الخاملة مع شركات الوساطة، بما في ذلك الحسابات المحتفظ بها مع شركة أرقام للأوراق المالية ذ.م.م. يجب على المستثمرين الذين يسعون لاسترداد أموالهم غير المدعومة أن يقوموا بذلك من خلال تقديم طلب “استرجاع الأموال” إلى شركة أرقام للأوراق المالية ذ.م.م، مصحوبًا بالوثائق اللازمة (مثل الهوية أو جواز السفر، تفاصيل البنك، كشوف الحساب، وإذا لزم الأمر، وثائق الكيان القانوني أو وكالة) كما هو محدد في الإعلان أدناه. ثم ستقوم شركة أرقام للأوراق المالية ذ.م.م بالتحقق من الادعاء وتحويله إلى هيئة الأوراق المالية والسلع، التي تهدف إلى معالجة وتحويل الأموال خلال 5 أيام عمل، شريطة تقديم جميع المعلومات المطلوبة.

Arqaam managed fund sells its stake in Al Dur Power to Kyushu, Japan

A consortium of GCC financial institutions which includes First Energy Bank, Ibdar Capital, Bahrain Islamic Bank, and Bunyah GCC Infrastructure Fund (managed by Arqaam Capital) have successfully divested their approx. 20% shareholding in Al Dur Power and Water Company (ADPWC) to Kyuden International Corporation (KIC), which is the international business arm of Kyushu Electric Power Company (Kyushu Electric),

Contacts

Arqaam Capital Limited
Level 27, Index Tower
Dubai International Financial Centre
PO Box 506687 Dubai
United Arab Emirates
Tel: +971 (0)4 507 1700