Markaz a gold sponsor for the Career Opportunities Fair at the College of Administrative Sciences in Kuwait University
Underscoring the importance of empowering Kuwaiti youth and continuing its efforts to support recent graduates, the Markaz announced its gold sponsorship for the freshman and the Career Opportunities Fair organized by the Student Association of the College of Administrative Sciences at Kuwait University, held from February 11-15, 2024.
Marmore: Private credit is seeing increasing investor interest
Marmore MENA Intelligence, a subsidiary of Kuwait Financial Centre “Markaz” released its research report on private credit, an emerging asset class that has entered the radar of many investors given its strong past performance and attractive estimated returns. The report seeks to unwrap the basics of private credit, addressing key questions such as reasons for investor interest, private credit vs private equity, role of private credit in one’s portfolio etc. It also discusses the performance of the asset class, major players, institutional interest, key risks and regulatory environment.
Markaz records Total Revenue of KD 26.32 million in 2023, an increase of 40.0% y-o-y
Kuwait Financial Centre “Markaz” (KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MARKAZ: KK) reported its financial results for 2023 with a Total Revenue of KD 26.32 million, as compared to KD 18.80 million in 2022, led by gain from the sale of international and GCC real estate investments. Net Profit attributable to shareholders was KD 4.15 million, compared to KD 2.86 million in 2022 and Earnings Per Share was 8 Fils for the year ended 31 December 2023.
Markaz participates in PwC’s annual seminar on Kuwait taxation
Kuwait Financial Centre “Markaz” affirmed its commitment to staying abreast of the latest developments and trends in the industry and creating awareness of changes in industry standards, regulations, and requirements across local, regional, and global markets. This was reflected in the participation of Mr. Ali H. Khalil, Markaz’s CEO, at the ‘Kuwait Annual Tax and Legal Seminar’ organized by PwC, along with the presence of government officials, prominent tax experts, and business leaders from various sectors across the country.