Kuwait Financial Centre S.A.K. “Markaz”, one of the leading investment banking and asset management company in the Middle East, won the Best Investment Bank in Kuwait award by Global Finance magazine.
Mr. Ali H. Khalil, Chief Operating Officer at Markaz, said “We are proud to have won this prestigious award as the “Best Investment Bank in Kuwait” by Global Finance in its 2011 listing of the World’s Best Investment Banks. Markaz has executed over USD1.5 billion of debt and equity mandates since 1997, and is becoming the financial advisor of choice for leading companies in the Middle East region due to our proven record in providing our clients with creative investment banking solutions, and our ability to execute mandates under various market conditions. Our team of dedicated professionals possesses in-depth expertise in a wide spectrum of sectors to successfully manage investment banking mandates, and is well poised to capture the attractive opportunities that exist in the market.”
Markaz investment banking services include equity and debt financing, M&A advisory service, and capital restructuring and disposition. Additionally, Markaz expertise spans various sectors including real estate, infrastructure, oil and gas, logistics, manufacturing and financial services.
Global Finance editors, with input from industry experts, used a series of criteria to arrive at their selections based on the deals announced or completed in 2010 These included market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation. Global Finance, founded in 1987, has a circulation of 50,050 and readers in 163 countries. Global Finance’s audience includes chairmen, presidents, CEOs, CFOs, treasurers and other senior financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. It is headquartered in New York, with offices in London and Milan.
An awards ceremony for all winners will be conducted on Monday September 26, 2011 in Washington DC.
Kuwait Financial Centre S.A.K. “Markaz”, with total assets under management of over KD 1.03 billion (USD 3.6 billion) as of December 31, 2010, 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.
Photo Caption: Mr. Ali Khalil, Chief Operating Officer of Kuwait Financial Centre S.A.K. "Markaz"