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Abu Dhabi, UAE, 23 May 2007: The National Investor (TNI), one of the region’s leading investment banking firm, reported yesterday that it had achieved consolidated revenues of AED 162.4 million for the year ended March 31, 2007 and net profits of AED 79.6 million.
“We have made important strides in establishing TNI as a full-service firm and becoming amongst the premier providers of advisory and investment services in the region,” said a company spokesperson. “The past year had witnessed difficult capital markets across the region, which for most investment banks translated into weaker earnings. Despite this, we have achieved meaningful results and we are keen to continue to build and grow our firm, while being mindful of the competitive landscape and the cyclical nature of the industry in which we operate,” the spokesperson added.
About The National Investor: The National Investor (TNI) is a privately owned regional investment banking group. The firm comprises seven strategic business units covering investment banking, private equity, asset management, real estate, investment research, principal investments and client advisory. In addition, the firm has an associate company, GNSC, which provides brokerage services as a registered member of the Abu Dhabi Securities Market (ADSM) and the Dubai Financial Market (DFM).