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