Barclays has named as the Best Investment Bank in the MENA region by EMEA Finance at the Middle East Banking Awards.

The award recognizes Barclays’ major position as a top player in mergers and acquisitions (M&A), equity capital markets (ECM) and debt capital markets (DCM) across the MENA region, leading on a wide range of advisory and capital market transactions for sovereign, corporate and financial institutions.

The judging panel of EMEA Finance also highlighted Barclays’ key achievements over the past 12 months, which were driven by one of the largest and most senior on-ground investment banking teams in the Middle East.

Makram Azar, chairman of banking for Europe, the Middle East, and Africa (EMEA), chairman of Barclays Plc MENA, as well as vice chairman of investment banking at Barclays Plc, said: “We are pleased to receive such a prestigious award, which recognizes the depth and breadth of Barclays’ offering in the MENA, the expertise of our regional teams and the continued dedication and commitment to our clients across the region.”

He added: “Our regional knowledge and understanding, combined with our global capabilities, allow us to provide our clients with expert investment banking services across all sectors in the region.”

The EMEA Finance’s Middle East Banking Awards celebrates the achievements of retail banks, investment banks, asset managers, and brokerage houses in the Middle East region.

EMEA Finance is a major bimonthly global industry publication that reports on the major financial events and developments initiated and influenced by the international financial industry active in the EMEA region.