
Arqaam Capital (Arqaam), the specialist emerging markets investment bank, announced on Saturday that its brokerage business, Arqaam Securities, has secured the top ranking on the Dubai Financial Markets (DFM). Arqaam’s brokerage business previously achieved the 12-month average number one position on Nasdaq Dubai (Nasdaq) for the full year 2011, during which time Arqaam held over 25 per cent of market share. Tarek Lotfy, MD, Capital Markets, said: “This is a great achievement for our equity brokerage team and a testament to their continued efforts to build market share in the UAE.” From:gulftoday
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