Business & Money | Monday 21 December, 2015 3:14 am |

Barclays has been awarded ‘Best Foreign Investment Bank’ in the Middle East by EMEA Finance at the Middle East Banking Awards.

The award recognises Barclays’ leading position as a top player in Mergers and Acquisitions (M&A), Equity Capital Markets (ECM) and Debt Capital Markets (DCM) across the MENA region; leading on a wide range of high profile advisory and capital market transactions for sovereign, corporate and financial institutions. 

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.

Makram Azar, Chairman of Banking for Europe, Middle East, and Africa (EMEA); Chairman of Barclays Plc MENA; and Vice Chairman of Investment Banking at Barclays Plc, 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.”

He added: “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. EMEA Finance is a leading bi-monthly global industry publication that reports on the major financial events and developments initiated and influenced by the international financial industry active in the EMEA region.

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About Barclays

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.barclays.com