Wednesday 20 November 2013

Mubasher Financial Services shows perseverance pays off | The National

Mubasher Financial Services shows perseverance pays off | The National:

"Another week, another award for Mubasher Financial Services. Its chief executive Malek Kanawati must have developed some serious upper arm strength from picking up so many glittering prizes over recent months.

In what has generally been regarded as the toughest of markets following the financial crisis, the trading firm appears to have recognised a business opportunity in the difficulties of others, and has grown market share and added new markets at an impressive rate.

Many firms in Dubai closed down their businesses because the volumes simply did not justify the costs. But Mubasher stayed in there, and that investment appears to have paid off in terms of market share and breadth of business."

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