First Kuwaiti Investment Company to Launch Podcasts

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First Kuwaiti Investment Company to Launch Podcasts 03 - Jun - 2007

Kuwait Financial Centre “Markaz” S.A.K, one of the Middle East’s leading investment banking and asset management companies, is the first Kuwaiti investment company to introduced podcasts on its website. Farah Sabeeh Al-Essa, Assistant Vice President of Media and Communications, said, "We realize, in this technologically advanced age, the importance of diversifying communication channels. In that respect, Markaz has introduced Markaz "Podcasts" feature to better serve the sophisticated needs of clients" Mrs. Al-Essa added “A first amongst Kuwaiti investment companies is the ability to download and listen to “podcasts” which are audio and video files with market commentaries that can be downloaded and played on iPods and other digital multimedia players. The website also offers Markaz’s Research and Analysis which can be accessed for free. The research covers issues spanning economy, capital markets and key asset classes of strategic importance. The Research can be received through tailored electronic communications wherein subscribers can register for free, edit their subscriptions and choose the information they want to receive. Markaz’s electronic dispatches also include fund performance updates. Clients can elect to subscribe to the latest performance updates through email or SMS Alerts. Additionally, detailed information is offered on all Markaz investment solutions as well as continuously updated Markaz Fund NAV's and product fact sheets. Kuwait Financial Centre S.A.K. 'Markaz', with total assets under management of over KD1.21 billion as of March 31, 2007, was established in 1974 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; and has been awarded a BBB+ corporate rating by Capital Intelligence Ltd. -Ends-