27 August 2015Souqalmal.com
is celebrating after being named a finalist in four categories in the Gulf Capital
SME Awards 2015.The awards are organized by MEED, which partnered with Gulf Capital
four years ago as the headline sponsor, to recognize the UAE's SMEs, business leaders and entrepreneurs for innovation, growth and success.
Souqalmal is the leading financial comparison website in the Middle East empowering users to search, compare and find the right financial product, and make smarter financial decisions. It offers a platform which is transforming how banks acquire customers and how users choose a product that best matches their preferences and eligibility. Souqalmal is also bringing a new level of transparency and competitiveness to the market by positioning all banks at an equal distance.
On being nominated, Souqalmal.com CEO and founder Ambareen Musa said:
"Our success has been driven significantly by our team. We focus on the product and how we can make life easier for UAE residents. We are constantly searching for new and better ways to allow users to find the right financial product".
Award categories under which Souqalmal.com has been nominated include Gulf Capital Business of the Year, MasterCard Small Business of the Year, Online Business of the Year and Entrepreneur of the Year.
Being the highest visited comparison website in the Middle East with more than 350,000 users on average per month, Souqalmal.com has been witnessing a strong upward trend since its launch in 2012. Last year's revenues, traffic and leads have surged more than 300% and the prospects for the second half of 2015 remain very positive where revenues alone are projected to grow by more than 90%.
Ms Musa added: "Financial education has been a big part of our story to date. We want to raise the level of transparency and literacy in the region to allow users to better understand the level of financial commitment they are taking up."
Winners will be announced on 28 October 2015 at the Westin Mina Seyahi Beach Resort & Marina, Dubai.
For information and updates on the awards, please visit www.meedsmeawards.com
Souqalmal.com (Souq al Mal is Arabic for 'money market') is the leading financial comparison website in the Middle East allowing users to compare credit cards, loans, accounts and insurance products. Souqalmal.com allows you to compare more than 2,800 retail banking, telecoms, insurance and education products offered by various providers in the UAE and Saudi Arabia before you say 'I do'.
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About Gulf Capital SME Awards:
The Gulf Capital SME Awards recognizes the UAE's SMEs, business leaders and entrepreneurs for innovation, growth and success.
For enquiries, please contact:
P O Box 25960, 20th Floor, Al Thuraya Tower 1, Dubai Media City, Dubai
Tel: 00971 (0)4 8180286
© Press Release 2015