Corporate Social Responsibility

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Corporate Social Responsibility

Markaz Launches an Internal Donation Campaign for the Syrian Nation

08 - Sep - 2015


As part of its corporate social responsibility, Kuwait Financial Centre K.P.S.C “Markaz” has launched an internal donation campaign from its Board of Directors and Employees for the benefit of the Syrian people. The donations would be channeled through humanitarian organizations officially approved by the State of Kuwait. The contributions will be collected at Markaz between September 8th – 15th, 2015.

Alrazi Al-Budaiwi, Assistant Vice President - Media and Communications, Markaz said: “It is in times of hardship that our true humanity is best manifested. Today, the Syrian people are undergoing one of the cruelest moments in the recent history of our region that cannot be surpassed except if we mobilize as nations, institutions and countries to extend humanitarian aid to Syrian people”.

Al-Budaiwi Added: “In support of our sisters and brothers in Syria, Markaz invited its employees to contribute and donate for this cause. The contributions collected during the campaign period will be forwarded to approved humanitarian organizations rendering support to the effected people”.

It is worth mentioning that Markaz has adopted a Corporate Citizenship strategy, which encompasses the company’s economic and social responsibilities, is built upon three pillars, namely 1) Human capacity building; 2) Adapting our broader business environment to the best practices of investment and corporate governance; and 3) Introducing principals of good governance in the public sector.

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Photo: Alrazi AlBudaiwi, AVP – Media and Communication, Kuwait Financial Centre “Markaz”

 

About Kuwait Financial Centre “Markaz”
Established in 1974, Kuwait Financial Centre K.P.S.C “Markaz” is one of the leading asset management and investment banking institutions in the Arabian Gulf Region with total assets under management of over KD 1.10 billion as of June 30th, 2015. Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997.

For further information, please contact:
Osama Al Musallam
Senior Communications Officer
Media & Communications Department
Kuwait Financial Centre S.A.K. "Markaz"
Tel: +965 2224 8000 ext 1819
Dir: +965 2224 8075
Fax: +965 2241 4499
Email: omusallam@markaz.com
www.markaz.com

 

Markaz Sponsors KACCH Child Life Program

26 - Jan - 2016

As part of its Corporate Social and Economic Responsibility (CSER), Kuwait Financial Centre “Markaz” sponsored the Child Life Program of Kuwait Association for the Care of Children in Hospital (KACCH). By supporting the Child Life program, it enables the association’s staff and volunteers to provide the highest standards of care to the children by reducing the stressful impact of hospitalization on sick children and their families.
 

Mr. Alrazi Al-Budaiwi, Assistant Vice President - Media and Communications at Markaz, stated: "Markaz has renewed its sponsorship to the Child Life program this year to participate in the sustainability of this effective initiative that supported over 48,000 interventions given by the team that is dedicated to offer the best they can for these hospitalized children.”

Al-Budaiwi added: “We are committed at Markaz to continue cooperating with Kuwaiti non-profit and humanitarian organizations such as Kuwait Association for the Care of Children in Hospital (KACCH) as part of our corporate social responsibility strategy, which is built on three pillars: a) Human capacity building, b) Adapting our broader business environment to the best practices of investment and corporate governance, c) and introducing principles of good governance in the business environment."

Ms. Banafsheh Azizi, Deputy Director at KACCH, thanked Markaz for supporting their activities and programs over many years and for contributing in positively impacting the lives of the children and their families at the hospital.

She added: “KACCH is committed to minimizing the stressful impact of hospitalization and illness on the child and family.  Contributions from the generous people of Kuwait and banks and businesses enable the continuation of this service for children in hospital, and it reflects their commitment and their sense of responsibility towards the society at large.”

#END#

Photo caption: Mr. Alrazi Al-Budaiwi, AVP-Media & Communications, and Ms. Deena Al-Refai, AVP-Private Banking, Markaz receiving a souvenir from Ms. Banafsheh Azizi, Deputy Director, KACCH

 

About Kuwait Financial Centre “Markaz”
Established in 1974, Kuwait Financial Centre K.P.S.C “Markaz” is one of the leading asset management and investment banking institutions in the Arabian Gulf Region with total assets under management of over KD 1.05 billion as of September 30th, 2015. Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997.

For further information, please contact:
Osama Al Musallam
Senior Communications Officer
Media & Communications Department
Kuwait Financial Centre K.P.C.S. "Markaz"
Tel: +965 2224 8000 ext 1819
Dir: +965 2224 8075
Fax: +965 2241 4499
Email: omusallam@markaz.com
www.markaz.com

 

"Markaz" Renews its Partnership with LOYAC

04 - Oct - 2015

As part of its Corporate Social Responsibility activities, Kuwait Financial Centre K.P.S.C “Markaz” announced renewing its annual partnership with LOYAC. The cooperation between the two institutions entails several programs that aim to enhance the capabilities of youth in the Kuwaiti society to ensure that they have the necessary skills to contribute to a sustainable economy.
 
Mr. Manaf Alhajeri, CEO, "Markaz" said: "Our partnership with LOYAC comes as part of  "Markaz" corporate citizenship strategy that aims at fulfilling the corporate social and economic responsibilities through three main pillars, which are a) building human capabilities, b) aligning our business environment with the principles of sustainable development, c) and promoting good governance in the business environment. Our activities within this strategy include several variety of topics aimed at sustainability, including the development of the capacities of young people who are the building blocks of the society."

Alhajeri added: “Markaz" is keen on participating with non-profit organizations interested in the development of human capacities, including LOYAC. We are proud of this Kuwaiti organization that focuses on training activities and volunteer programs in different fields where our youth can refine their abilities, prepare them for the market and enhances their professionalism. "Markaz" looks forward to the Ministry of Finance’s activation of Law No. (46) for 2006 concerning Zakat, and the contribution of Public and Closed Shareholding companies in Kuwait’s budget, which can help companies direct their funding from their financial disclosure to non-profit organizations as a part of corporate social responsibility."

Ms. Faraa Al-Saqqaf, Chairperson and Managing Director at LOYAC said: "Our partnership with Markaz had a key role in supporting us and enabling us to execute our programs in the society”.
Al-Saqqaf Added: “Our programs focused on representing LOYAC as a fully integrated academy for youths development from different age groups. We managed to create educational programs that prepare the youths for the market with our unique workshops that develop their skills. We also succeeded in providing internships and summer programs in both the public and private sectors”.

It is worth mentioning that Law No. (46) for 2006 on Zakat and contribution of public and closed companies in Kuwait’s budget gives companies the opportunity to determine the amount of Zakat directed to one of the public services that vary between: (security, justice, defense, educational services, health services, social solidarity, social affairs, media services, religious services, housing, utilities, electricity and water, and agriculture and fisheries).

Corporate Social Responsibility programs are important gateway for companies to achieve sustainable development in the community, through the company's commitment to its role in supporting and improving public services. However, corporate social responsibility programs are not properly implemented in Kuwait yet. It is still limited to some recreational activities or simple services. Given the global practices that support the various public services, the corporate social responsibility programs in Kuwait need to be more effective and innovative.

#END#
Photo Caption: Mr. Dirar Alghanim, Chairman of Kuwait Financial Centre “Markaz, and Mr. Manaf Alhajeri, CEO at “Markaz”, receive a certificate of appreciation from Ms. Faraa Al-Saqqaf, Chairperson and Managing Director at Loyac.

 

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About Kuwait Financial Centre “Markaz”
Kuwait Financial Centre K.P.S.C “Markaz”, with total assets under management of over KD 1.10 billion as of June 30, 2015 (USD 3.66 billion), was established in 1974 and has become one of the leading asset management and investment banking institutions in the Arabian Gulf Region. Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997.


 

 

KRCS announces Markaz as Humanitarian Partner

17 - May - 2015

Kuwait Financial Centre K.P.S.C “Markaz” has  been announced as a “Humanitarian Partner” by Kuwait Red Crescent Society (KRCS) for support the organization in helping needy patients in Kuwait to obtain expensive medicines. This partnership is a continuation of cooperation between KRCS and Markaz over the past years.

Mr. Manaf Abdulaziz Alhajeri, Markaz CEO, said: “This partnership is part of Markaz’s corporate citizenship strategy, which aims to fulfill the social and economic responsibilities of the company. The strategy is based on three main pillars, which are building human capabilities, aligning our business environment with the principles of sustainable development, and promoting good governance in the business environment. Our activities within this strategy includes a variety of topics that targets achieving sustainability; among which is improving the quality of life in the societies we operate within.”

Alhajeri added: “One of Markaz Corporate Citizenship strategy’s primary tools is collaboration with non-profit organizations that focus on developing human capabilities; and we are very proud of our partnership with Kuwait Red Crescent Society, which enjoys great reputation in the local and international humanitarian field. We’d like to seize this opportunity to thank KRCS’s leadership and staff for their dedication in serving humanity in Kuwait and around the world.”

Ms. Lama Al-Othman, Director of Resources Development Department in Kuwait Red Crescent Society said: “Kuwaiti Companies have been playing a major role recently in supporting human and social issues, through integrating the corporate social responsibility plan in their overall strategy, or by using corporate philanthropy to highlight their social role, help humanity and raise awareness about their values among employees, customers and society.”

Al-Othman added: “Kuwait Red Crescent Society is the link between humanitarian action and corporate  partners who believe in helping humanity, through providing assistance and aid to the vulnerable cases, whether this weakness is caused by a certain social status or the occurrence of wars or natural disasters, without distinction between religion or doctrine or gender or color, and without discrimination based on the political and intellectual beliefs.

#END#

About Kuwait Financial Centre “Markaz”
Established in 1974, Kuwait Financial Centre K.P.S.C “Markaz” is one of the leading asset management and investment banking institutions in the Arabian Gulf Region with total assets under management of over KD 1.12 billion as of March 31st, 2015. Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997.

For further information, please contact:
Osama Al Musallam
Senior Officer
Media & Communications Department
Kuwait Financial Centre K.P.S.C "Markaz"
Tel: +965 2224 8000 ext 1819
Dir: +965 2224 8075
Fax: +965 2241 4499
Email: omusallam@markaz.com
Markaz participates in CFA Kuwait 7th Annual Charter Award Ceremony as Platinum Sponsor

11 - Jan - 2015

Kuwait Financial Centre “Markaz” is participating as a Platinum Sponsor in the Seventh Annual Charter Award Ceremony of the CFA Kuwait. The ceremony will be held on January 12 at Salwa Al-Sabah Hall. This sponsorship falls under Markaz’s integrated strategy for social and economic responsibility, which is based on three main pillars: 1) building the human resources 2) aligning our business environment with the principles of sustainable development 3) adopting the principles of good governance in business environment.

Mr. Ali Mustafa Abdal – Senior Vice President – Human Resources and Development at Markaz said: “We would like to seize this opportunity to congratulate the new CFA charter-holders and to encourage fund managers, financial advisors and other professionals in the financial sector to join CFA Kuwait, which has been promoting professional and ethical standards in the financial industry. Markaz is proud of its partnership with the society since its inception, the belief in the importance of financial literacy and literary charters, which currently stand out more than ever.”

Mr. Abdal added: “The CFA program is a rigorous graduate level curriculum and is considered the gold standard in the investment management field. It provides an in-depth study of Accounting, Corporate Finance, Equity and Bond valuation, Alternative Investments, Derivatives, Portfolio Management and Ethics. At Markaz, we actively encourage our employees to pursue the prestigious CFA program and other globally accredited professional certifications.”

CFA has 100,000 members across the world through 137 branches in 57 countries.

#END#
 
Photo Caption: Mr. Ali Mustafa Abdal – Senior Vice President – Human Resources and Development at Markaz
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About Kuwait Financial Centre “Markaz”
Kuwait Financial Centre K.P.S.C “Markaz”, established in 1974, is one of the leading asset management and investment banking institutions in the Arabian Gulf Region with total assets under management (AUM) of over KD 1.12 billion as of Sep 30th, 2014 (USD 3.89 billion). Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997.
 
For further information, please contact:
Osama Al Musallam
Senior Communications Officer
Media & Communications Department
Kuwait Financial Centre S.A.K. "Markaz"
Tel: +965 2224 8000 ext 1819
Dir: +965 2224 8075
Fax: +965 2241 4499
Email: omusallam@markaz.com
www.markaz.com
 

 
Markaz Sponsors the 4th International Conference

02 - Dec - 2014

Kuwait Financial Centre “Markaz” announced its sponsorship for the Fourth International Conference for Accounting and Auditing under the slogan of “Reality – Challenges – Visions”. The conference will be held under the patronage of the National Assembly President, Mr. Marzouq Ali Al-Ghanim from 3-4 December, 2014 at the Kuwait Chamber of Commerce, with the supervision and organization of Kuwait’s Association of Accounts and Auditors and in cooperation.

Mr. Alrazi Al-Budaiwi, Assistant Vice President - Media & Communication at Markaz said: “This sponsorship reflects our commitment to support the activities of civil society organizations and professional associations that aim to contribute in leveraging the professional, scientific and cultural level in the Kuwaiti society. We view these organizations as partners in Markaz’s integrated strategy for social and economic responsibility, which is based on three main pillars: 1) building the human resources 2) aligning our business environment with the principles of sustainable development 3) adopting the principles of good governance in business environment. In order to achieve these objectives, Markaz collaborates with several reputable civil society organizations, especially the ones concerned with the financial and economic sector such as accounting.”

Al-Budaiwi added: “We would like to thank Kuwait’s Association of Accounts & Auditors for organizing this conference, which will provide an excellent opportunity to exchange views and experiences on many of the accounting topics, as well as define the obstacles that face the accountants today and provide suggestions to overcome them. The conference will also provide an opportunity to learn the latest developments in the accounting field and benefit from the international participants experiences, which will help raise the professionals level in Kuwait and enrich their knowledge”.


With the participation of the Arab Federation of Accountants and Auditors, the conference aims at educating professionals about the importance of the accounting and auditing profession in Kuwait, GCC and other Arab countries as well as those related to this profession like financial reports creators, financial controllers, academics and related government sectors.

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Photo caption: Mr. Alrazi Al-Budaiwi, AVP – Media and Communication, Kuwait Financial Centre, Markaz

About Kuwait Financial Centre “Markaz”
Kuwait Financial Centre K.P.S.C “Markaz”, established in 1974, is one of the leading asset management and investment banking institutions in the Arabian Gulf Region with total assets under management (AUM) of over KD 1.12 billion as of Sep 30th, 2014 (USD 3.89 billion). Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997.

For further information, please contact:
Osama Al Musallam
Senior Communications Officer
Media & Communications Department
Kuwait Financial Centre S.A.K. "Markaz"
Tel: +965 2224 8000 ext 1819
Dir: +965 2224 8075
Fax: +965 2241 4499
Email: omusallam@markaz.com
www.markaz.com

 
‘Sciences Po’ students visit Markaz to learn

03 - Mar - 2011

Markaz hosted a presentation to a group of students from The School of Political Science of Paris 'Sciences Po Paris' in the Company’s premises. The students attended a presentation titled ‘GCC  Economies in Perspective: Geopolitics at the Forefront’ by the Markaz Research Department. The presentation covered various characteristics of GCC economies including Oil, Monetary Sector and Fiscal Policy, Capital Markets, and Political Risks. Mr. Manaf Alhajeri, Chief Executive Officer of Markaz, answered some of the students’ questions regarding the region’s changing environment.

Osama Al Musallam, Assistant Officer - Media & Communications said, “Sciences Po is one of the leading educational institutions in the world, they train students to become future leaders and give them a first-hand experience by exposing them to different markets. Markaz endorses educational initiatives and feels obliged to support students from all around.”
Markaz Sponsors Bayt Lothan’s “Crafts Heritage 2011” Event

13 - Feb - 2011

Kuwait Financial Centre S.A.K. “Markaz”, one of the leading investment banking and asset management companies in the Middle East, announced its participation as a Platinum Sponsor in the “Crafts Heritage 2011” event that is organized by Bayt Lothan from 19-23 of February 2011, under the patronage of His Highness the Prime Minister of Kuwait Sheikh Nasser Al Sabah.

On this occasion, Mariam Al Suwailem, Assistant Manager - Media & Communications said, “Markaz supports cultural and educational events aiming at preserving and sustaining Kuwait’s rich heritage. The transfer of knowledge of traditional craftsmanship to the youth familiarizes them with the sacrifices Kuwaitis endured to build this country. We liked the idea of the event and the role it takes in connecting old and new generations together through highlighting Kuwait’s crafts heritage which is part of kuwait’s heritage we all take pride in.”

Bayt Lothan is a non-profit organization, which serves the community by targeting the promotion of arts and crafts in Kuwait. It provides creative and artistic people with the opportunity to exhibit their designs and work by promoting their events in its premises.
“Markaz” is a gold sponsor

14 - Oct - 2010

Markaz is a gold sponsor of “Zawaya Al Shaghaf – 2010” or “Corners of Passion” talent show. A program created and organized by Zawaya’s 30 young volunteers, under the close supervision of Zawaya. It will feature more than 50 on-stage and off-stage talents.
“Markaz” Organizes Second Blood Drive

07 - Oct - 2010

Markaz invited the Blood Bank to organize the Second Markaz Blood Drive
Markaz Supports The Arab Federation for Drug Abuse Prevention

09 - Aug - 2010

Markaz supports The Arab Federation for Drug Abuse, an NGO working in the areas of drug prevention, counselling, education, prevention, rehabilitation, drug treatment.
Markaz Supports Gulf Federation for Cancer Control

03 - Aug - 2010

Markaz continues to support Gulf Federation For Cancer Control, an NGO that encourages cancer awareness activities.
Markaz continues to support Children Cancer Centre - Lebanon

16 - Jun - 2010

Markaz sponsors the charity dinner organized by Children Cancer Centre - Lebanon for the 6th consecutive year. Children Cancer Centre – Lebanon was established in Beirut in 2002, aiming to cover the expanses of cancer treatments for children with no medical insurance. The Centre is located in The American University of Beirut and works in collaboration with Children Research Hospital in Memphis – Tennessee, USA.
More Indian School students benefit from Markaz support

15 - Jun - 2010

"Markaz" continues to support outstanding students in the Indian Community School for the third consecutive year.
Markaz Sponsors Al Amiri Medical Department Annual Awards Event

27 - Jan - 2010

"Markaz" sponsored Al Amiri Medical Department Annual Awards Event, which was held on the 27th of January 2010.
Markaz Sponsors LOYAC Soccer Academy in Collaboration with AC Milan Club

17 - Jan - 2010

Markaz sponsors LOYAC Soccer Academy in collaboration with The AC Milan club, one of the first soccer clubs in the world, to recognize the youth and start a Junior club. LOYAC Soccer Academy aims to provide the youth with an open environment in which they can get training and development in soccer from willing and well qualified coaches.

The collaboration between Milan Soccer School and LOYAC Soccer Academy will provide the youth of Kuwait with innovative and personalized training method from world class AC Milan Trainers.
Markaz Continues to Support LOYAC

05 - Jan - 2010

Markaz continues to support Lothan Youth Achievement Cente " LOYAC", which  is a non-profit organization working towards the overall development of the youth. It is headquartered in Bayt Lothan Salmiya, Kuwait.
“Markaz” sponsors Accounting Club in Kuwait University and participates in The Accounting Week

27 - Dec - 2009

Markaz sponsored Kuwait University Accounting Week organized by College of Business Administration, where Markaz was present in the exhibition held in this occasion. This coincided with the opening of The Accounting Club, which is also sponsored by “Markaz”. The Club was redecorated to provide a comfortable ambiance to the Accounting Department students.

The Accounting Week featured a number of activities. In addition to the exhibition, a workshop was held in cooperation with The Kuwaiti Association of Accountants and Auditors. The workshop was given by Dr. Yaser Al Kulaib.
Markaz Sponsors 20 Students from KU to Attend "The New Leadership Model" Conference and Workshop

13 - Dec - 2009

Markaz sponsored 20 students from College of Business Administration to attend "The New Leadership Model" conference. The conference featured a lecture and a workshop delivered by Mrs. Betsy Myers, a senior advisor of U.S. President Barack Obama's presidential campaign.
"Markaz" Continues to Support Indian Community School

17 - Jun - 2009

"Markaz" continues to support outstanding students in the Indian Community School for the third consecutive year.
"Markaz" Continues to Support Kuwait Medical Students Association

15 - May - 2009

"Markaz" extends its support to The Kuwaiti Medical Students Association "KUMSA" through funding their activities. "KUMSA" is very dynamic in organizing academic, cultural, and leisure activities tailored for the students of The Faculty of Medicine in Kuwait University.
Markaz Continues to Support Children Cancer Centre - Lebanon

14 - May - 2009

Markaz is sponsoring the charity dinner organized by Children Cancer Centre - Lebanon for the 4th consecutive year. Children Cancer Centre – Lebanon was established in Beirut in 2002, aiming to cover the expanses of cancer treatments for children with no medical insurance. The Centre is located in The American University of Beirut and works in collaboration with Children Research Hospital in Memphis – Tennessee, USA.
Markaz Raises its Cooperation with Kuwait Red Crescent Society

20 - Oct - 2015

Kuwait Financial Centre “Markaz” announced raising the level of its cooperation with Kuwait Red Crescent Society (KRCS). The cooperation focused on supporting KRCS’s efforts in alleviating the humanitarian crisis of Syrian people. To this end, Markaz launched an internal fundraising campaign among its board of directors and employees, and submitted the donations to KRCS who will deliver it to affected Syrian families.

Dr. Hilal Al-Sayer, Kuwait Red Crescent Society’s Chairman, thanked Markaz on behalf of the Society’s Board and volunteers.  He said that funds raised by Markaz would bring much needed help to those affected by the Syrian crisis, which left thousands of refugees in neighboring countries.

He added: “The Kuwaiti private sector has consistently supported humanitarian relief efforts and reacted immediately in times of disaster to extend their support. Markaz’s donation is yet another valuable contribution to alleviate the suffering of Syrian refugees. The initiative is a testimony of Markaz employees’ compassion and sense of humanitarian duty."

Dr. Al-Sayer explained that KRCS is contributing to refugees by providing them with urgent humanitarian relief supplies, meeting their needs and supporting them. He also stressed on the significant role of the State of Kuwait in leading humanitarian initiatives in the world, noting that extending a helping hand to those in distress has always been an integral value in the Kuwaiti culture.

Mr. Alrazi Al-Budaiwi, Assistant Vice President - Media and Communications at Markaz,  said: "Syrian people are living one of the most distressing humanitarian crises in modern history. Therefore, we decided to partner with KRCS as the society is well-positioned to efficiently deliver the donations of our board members and employees to Syrian refugees and distributing them to those in need.”

Al-Budaiwi added: “We are committed at Markaz to continue cooperating with Kuwaiti non-profit and humanitarian organizations such as Kuwait Red Crescent Society, which enjoys credibility and maintain a strong track-record in humanitarian work in Kuwait and around the world. We also strive to strengthen this cooperation within our corporate social responsibility strategy, which is built on three pillars: a) Human capacity building, b) Adapting our broader business environment to the best practices of investment and corporate governance, c) and introducing principles of good governance in the business environment."
#END#

Photo caption: Dr. Hilal Al-Sayer, Chairman of Kuwait Red Crescent Society,  presenting Markaz a recognition certificate on behalf of Kuwait Red Crescent Society.

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About Kuwait Financial Centre “Markaz”
Established in 1974, Kuwait Financial Centre K.P.S.C “Markaz” is one of the leading asset management and investment banking institutions in the Arabian Gulf Region with total assets under management of over KD 1.10 billion as of June 30th, 2015. Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997.

For further information, please contact:
Osama Al Musallam
Senior Communications Officer
Media & Communications Department
Kuwait Financial Centre S.A.K. "Markaz"
Tel: +965 2224 8000 ext 1819
Dir: +965 2224 8075
Fax: +965 2241 4499
Email: omusallam@markaz.com
www.markaz.com

 

Markaz sponsors Faculty of Medicine’s Graduation Ceremony

21 - Jul - 2016

As part of its strategy to build human capacity in order to enable and maintain a sustainable future, Kuwait Financial Centre K.P.S.C “Markaz” has sponsored the graduation ceremony of the 7th year students of the Faculty of Medicine, Kuwait University. This sponsorship reflects Markaz's continuous commitment to supporting the youths, who are the bricks of building the society, especially in the fields of education and  developing the skills of Kuwaiti youths.
 

Mr. Alrazi Y. Al-Budaiwi, Head of Media and Communications at “Markaz” said: “Markaz is keen to encourage this youths segment, as they are the doctors of the future, and support them in achieving their goals. Thus, Markaz sponsorship of the graduation ceremony of the Faculty of Medicine’s students emphasizes its appreciation to their efforts to learn and achieve sustainability.”

Mr. Al-Budaiwi added: "We believe that investing in education will contribute in preparing successful, efficient models of the youths who are capable of serving Kuwait and developing it, which will reflect positively on developing the business environment in Kuwait, especially in the private sector.”

This sponsorship comes as part of “Markaz” corporate citizenship strategy that aims at fulfilling the corporate social and economic responsibilities through three main pillars, which are a) building human capabilities, b) aligning our business environment with the principles of sustainable development, c) and promoting good governance in the business environment. Our activities within this strategy include several variety of topics aimed at sustainability, including the development of the capacities of young people and enabling them to utilize their abilities towards achieving a sustainable future."

                                                      - The End –

Photo Caption: Mr. Alrazi AlBudaiwi, Head of Media & Communication at Markaz, receives an honoring shield in the graduation ceremony of the 7th year students in Faculty of Medicine, Kuwait University.

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About Kuwait Financial Centre “Markaz”
Kuwait Financial Centre K.P.S.C “Markaz”, with total assets under management of over KD 985 million as of March 31, 2016 (USD 3.26 billion), was established in 1974 and has become one of the leading asset management and investment banking institutions in the Arabian Gulf Region. Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997.

For further information, please contact:
Alrazi AlBudaiwi
Assistant Vice President
Media & Communications Department
Kuwait Financial Centre K.P.S.C "Markaz"
Tel: +965 2224 8000 ext 1800
Fax: +965 2241 4499
Email: abudaiwi@markaz.com
www.markaz.com