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• Best M&A House in The Middle East
• Best M&A House in the UAE
• Best M&A House in Saudi Arabia
• Best M&A House in Egypt.
Commenting on the awards, Mohammed Al-Shroogi, Citi Managing Director for the Middle East and Chief Executive Officer for the UAE, said:
'The Awards by Euromoney speak volumes for our progress in the past few years. With a full team of professionals on the ground covering the entire region, we are able to customize financial solutions that meet the complex needs of our sophisticated clients, from ground breaking acquisitions to entering the international capital markets.'
According to THOMSON statistics, the industry standard in financial transactions information, Citi executed the region's top IPO deals during the past few years with a combined transaction volume exceeding $34bn.
'Our M&A activities as well as IPO transactions add strongly to our footprint in the Middle East. We are committed to provide a holistic financial and investment solution to our clients in the region and determined to be their one-stop banker locally as well as globally,' continued Al-Shroogi.
Citi has been present in the Arab World for nearly fifty years and continues to view the region as critical to its global franchise. It is currently present in ten Arab countries including Egypt, UAE, Lebanon, Jordan, Tunisia, Morocco, Algeria, Bahrain, Qatar and Kuwait.
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Posted by Anne-Birte Stensgaard, Senior News Editor
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