PRESS
RELEASE

FOR IMMEDIATE RELEASE                                                                                22nd February 2007

                                                                                                                                                     

 

MAC SHARAF OPENS IN DUBAI ON 22nd FEBRUARY 2007.

RECRUITS TOP TEAM FOR DUBAI OFFICE.

 

DUBAI: Dubai’s newest stock broker today announces that it will open for business on 22nd  February 2007.

 

Mr. Sharafuddin Sharaf, MAC Sharaf’s Chairman, said “We are delighted to open our doors and welcome all our partners and clients to trade on the Dubai Financial Market, using the latest technology and sound fundamental research provided by MAC Sharaf”.

 

The Team  

MAC Sharaf has recruited an excellent team, with the right blend of enthusiasm and experience and with aggregate industry experience of over 50 years, 15 of those on the DFM.

 

The MAC Sharaf team includes:

·         Michael Fernandez, Managing Director, who has over 15 years industry experience in South East Asia and now the Middle East.

·         Nour Al Zoubi, our Head of Operations, has worked as a senior broker in the DFM since its inception in 2000.

·         Amjad Bakir, Senior Sales, joins us with five years broking experience in the U.A.E. and Jordan.

·         Mohammed Bastaki, Senior Sales and Emitarisation Officer, brings a wealth of experience to MAC Sharaf from his previous position as an Inspection Officer for the DFM.

·         Sanyalaksna Manibhandu, Head of Research of MAC Sharaf’s sister company, MAC Capital Advisors Limited, has 16 years of research experience in fundamental research.

·         Rania Ababneh, Head of Customer Services, has seven years industry experience in the U.A.E. and Jordan.

 

Free Trial Membership of MAC Sharaf’s Online Services

 

MAC’s research and financial tools are available on a free trial membership basis for 14 days.  Interested parties should access this at the following address;

                 http://www.mac-sharaf.com/pages/accopen/fotm_form.php

Existing clients will have unlimited access to these tools.

Contacts  

MAC Sharaf’s Head Office is at Suite 134 Building, Gold & Diamond Park, Interchange 4, Sheikh Zayed Road, P.O. Box 122723, Dubai, U.A.E. and its principal contact numbers are;

 

Sales

Tel: + 971 4 409 7102

Research

Tel: + 971 4 409 7140

New accounts

Tel: + 971 4 409 7130

 

Potential new clients may also email MAC Sharaf office at contactus@mac-sharaf.com or cs@mac-sharaf.com      


 

Who is MAC Sharaf?  

MAC Sharaf is a joint venture between the Sharaf Group, Mohammed Abdul Rahim Al Ali and McMillen Advantage Capital Limited. Eight international brokers and corporate advisors, private banks and fund managers, based in London, Tokyo, Paris, Hong Kong, Geneva, Johannesburg, Harare, Gaborone and Bangkok are shareholders of MAC and all will support the growth of MAC Sharaf locally and help to promote Dubai stocks internationally.

 

“We intend to showcase Dubai and the DFM throughout our global network.” said Robert W. McMillen, MAC Sharaf’s Vice Chairman and Chairman of the MAC Group.

 

Further Information:  

For further information on MAC Sharaf, please visit its website at www.mac-sharaf.com

 

 

 

Press Contacts:

Mr. Sharafuddin Sharaf

Chairman

Suite 134 Building,

Gold & Diamond Park

Interchange 4
Sheikh Zayed Road

P.O. Box 122723

Dubai, U.A.E.

Email:

sharafuddins@sharaf.ae  

Mr. Robert W. McMillen

Vice Chairman

Suite 134 Building

Gold & Diamond Park

Interchange 4,

Sheikh Zayed Road

P.O. Box 122723

Dubai, U.A.E.

Tel: 971 50 289 2938

rwm@mac-sharaf.com  

Mr. Michael Fernandez

Managing Director

Suite 134 Building

Gold & Diamond Park

Interchange 4

Sheikh Zayed Road

P.O. Box 122723

Dubai, U.A.E.

Tel: 971 4 409 7144

mawf@mac-sharaf.com  

Mr. Mohammed Bastaki

Senior Equity Sales &

Emitarisation Officer

Suite 134 Building

Gold & Diamond Park

Interchange 4,

Sheikh Zayed Road

P.O. Box 122723

Dubai, U.A.E.

Tel: 971 4 409 7111

mabdullah@mac-haraf.com  


EDITOR’S NOTES

 

MAC Sharaf Securities (U.A.E.) LLC, is a stock broker, fully licenced by the Emirates Securities and Commodities Authority and with a seat on the Dubai Financial Market.

 

MAC Sharaf’s Shareholders are;

 

 

Percentage

Sharaf Investments LLC

 

25.5%

 

Mohammed Abdul Rahim Al Ali

 

25.5%

 

McMillen Advantage Capital Limited

 

49.0%

 

 

 

100.0%

 

 

 

 

 

 

The Directors of MAC Sharaf are;

 

 

 

Sharafuddin Sharaf

Chairman

Robert W. McMillen

Vice Chairman

Yasser Sharaf                                                   

Director

Jassim Al Ali                                                      

Director

Michael A.W. Fernandez

Director and Managing Director

 

 

 

The International Shareholders of MAC Sharaf include;

 

Company

Professional

Country

1. Quam Securities Co. Ltd

Stock Broker and Investment Bank

Hong Kong

2. Lloyd Edward-Jones

Investment Bank

France

3. Killik & Co.

Stock broker

United Kingdom

4. Banque Morval

Private Bank

Switzerland

5. Capital Partners Securities Co., Ltd.

Stock broker and Investment Bank

Japan

6. Knight Asset Management

Fund Manager

Hong Kong

7. Syrus Securities Plc.

Stock Broker and Investment Bank

Thailand

8. Imara Holdings Limited

Asset Management, Corporate Advisory, Securities Trading

Sub Saharan Africa

 

MAC Sharaf’s Key Executives in Dubai are;

 

 

 

Managing Director

Michael A.W. Fernandez

Sales Team and Operations

Nour Al Zoubi

 

Amjad Bakir

 

Mohammed Bastaki

 

Abdullah Al Rustamani

 

Hamda Al Ali

Head of Research

Sanyalaknsa Manibhandu

Head of Finance & Accounting

Manish Goel

 

 

 

Notice:

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