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Dubai’s MENA Corp to double workforce

Dubai's biggest brokerage, Mena Corp Financial Services, has revealed plans to almost double staff over the next year, counting on growing demand for the emirate's equities, Bloomberg has reported. The firm, which traded the most shares in Dubai since April among 48 brokerages tracked by the exchange, will boost the number of employees to 50 from 27, said Mena Corp's managing director, Nabil Al Rantisi. "People still believe that Dubai is a safe haven," Rantisi told the news service. "We are still in hiring mode. The market looks good in the medium to long-term."