MENA Awards 2022: all the winners

The wait is over to discover the winners of the 2022 edition of the Global Investor/ISF Middle East Awards.

Emirates NBD has been selected as winner of the Best Asset Manager award at the Global Investor MENA Awards 2022 while Boubyan Capital secured the Best Wealth Manager title.

EFG Hermes also performed well in the past year resulting in the Egyptian financial services company not only being awarded the Best Broker nod in the MENA region but also in Egypt, Kuwait, Oman, Saudi Arabia and the United Arab Emirates.

CI Capital was also recognised as the Best Cash Manager award and Best Asset Manager – Egypt.

The Dubai Gold and Commodities Exchange has once again won in the Best Exchange and also secured the Best Clearing House categories, while CME Group returned to win the Best International Exchange title.

Saudi Arabia’s Al Rajhi Capital has remained on track, leading them to secure the Best Equities Manager and Best Asset Manager – Saudi Arabia awards once again.

HSBC stayed strong and placed first in the sub-custodian category but also managed to win the Best Custodian title for the MENA region. The multinational bank also secured the Fund Administrator award for 2022.

Citi has been awarded the Best Transition Manager award once again. In addition to winning the Best ETF Provider and Sharia' Manager nods, Al Rayan Investment has also been recognised as Best Asset Manager in Qatar.

SCL Advisory has earned the Best Consultant award, while Best Sukuk Manager was handed out to SICO who has also managed to secure the Bahrain Asset Manager and Bahrain Broker wins.

The full list of winners:

REGIONAL CATEGORIES 

Asset Manager: Emirates NBD Capital

Broker: EFG Hermes

Cash Manager: CI Capital

Clearing House: Dubai Gold and Commodities Exchange

Consultant: SCL Advisory

Equities Manager: Al Rajhi Capital

ETF Provider: Al Rayan Investment

Exchange: Dubai Gold and Commodities Exchange

Fund Administrator: HSBC

Global Custodian: HSBC

International Exchange: CME Group

Sharia’ Manager: Al Rayan Investment

Sub-Custodian: HSBC

Sukuk Manager: SICO

Transition Manager: Citi

Wealth Manager: Boubyan Capital

COUNTRY CATEGORIES

Bahrain Asset Manager: SICO

Bahrain Broker: SICO

Egypt Asset Manager: CI Capital

Egypt Broker: EFG Hermes

Jordan Asset Manager: Al Arabi Investment Group

Jordan Broker: Al Arabi Investment Group

Kuwait Asset Manager: NBK Capital

Kuwait Broker: EFG Hermes

Kuwait Wealth Manager: Kuwait Financial Centre Markaz

Oman Asset Manager: Bank Muscat

Oman Broker: EFG Hermes

Qatar Asset Manager: Al Rayan Investments

Qatar Broker: QNB Financial Services

Saudi Asset Manager: Al Rajhi Capital

Saudi Broker: EFG Hermes

UAE Asset Manager: Al Dhabi Capital

UAE Broker: EFG Hermes

Methodology

The 2022 MENA Awards opened on 5 October 2022 and saw firms across the region submit their entries for a chance to win an award across 17 regional and 24 country categories. Entries shut on 21 November.

The companies were asked to submit their entry form along with any supporting evidence. The consideration period for the companies ranged from the 1 September 2021 to 31 August 2022.

The selected winners win not only the prestigious title by Euromoney's Global Investor Group but also an opportunity to contribute to a profile in a new project coming out in 2023, The MENA Finance Guide.