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Menafn opening office in Dubai

Menafn.com is opening an office in Dubai and aims to expand the services it offers its customers

Menafn.com, the Middle East North Africa/Financial Network, is opening its Dubai office on June 1. The company is completing another round of venture capital funding that will enable it to expand its operations and activities over the next 18 months. “The present round of financing should widen the gap between our company and other regional players in the industry” said Ramzi Abdel Jaber, CEO of Menafn.com

The company, which provides business and financial content, will expand its offerings in the coming weeks. “The Middle East market is very nascent and the market space is shaping up to that of the US. You see this with complimentary internet banking facilities and stand alone products which we want to be a part of,” explained Abdel Jaber.

Menafn’s customers can personalise their portfolio of stocks, news and be updated with a stock alert service. The company will soon be offering a credit card market place that will enable customers to evaluate and weigh the benefits and features of different credit cards at no expense.

Menafn’s strategy is customer centric and as such the company strives “to be a financial supermarket in terms of the range of investment services it extends to its customers,” according to Abdel Jaber. The company will expand the services of the credit card marketplace to loans and will shortly offer a competitively priced online trading service.

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