Brokerage house Al Ramz Securities, has entered into a partnership agreement with CNBC-Arabia, in cooperation with AWAL IT Services, a company specialising in Information Technology (IT), computer software and electronic computers. The agreement was signed by Mohammad Murtada Al Dandashi, partner and managing director, Al Ramz Securities; Nasr Abu Shoaib, CEO, AWAL IT Services; and […]
Brokerage house Al Ramz Securities, has entered into a partnership agreement with CNBC-Arabia, in cooperation with AWAL IT Services, a company specialising in Information Technology (IT), computer software and electronic computers. The agreement was signed by Mohammad Murtada Al Dandashi, partner and managing director, Al Ramz Securities; Nasr Abu Shoaib, CEO, AWAL IT Services; and Nabeel Hood, representative for CNBC-Arabia.
According to the agreement, CNBC will use Al Ramzs Borsat online trading platform for its TV show Al Mahfaza to be broadcast with the backing of the UAEs Securities and Commodities Authority (SCA) and with the full technical support of Al Ramz Securities.
This will enable CNBC clients to execute sales and purchase orders in the markets via internet under the supervision of Al Ramzs research and consulting department. Both parties have agreed to set an appropriate Borsat-related environment of systems, connectivity, installation and deployment in cooperation with AWAL IT Services.
Speaking about the new agreement, Al Dandashi, CEO of Al Ramz Securities stated: We are pleased to sign this agreement with CNBC-Arabia. We believe that the ability to provide industry services incorporating the latest electronic trading brokerage platforms in the securities market is an important factor in promoting client confidence in our company. Al Ramz Borsat is a comprehensive system that will certainly meet the needs and requirements of CNBC clients, in an easy, safe and effective manner.
