Markaz Offers Luxurious Apartment Units in Clemenceau, Lebanon

26/05/2008

A luxurious Residential Tower that Oversees Ras Beirut Seafront and The AUB Campus Kuwait Financial Centre S.A.K. “Markaz”, one of the leading investment banking and asset management companies in the Middle East, announced that it has begun offering luxurious apartment units for sale in Clemenceau, Lebanon. Mr. Fahad Gazi Al Abdul Jaleel, Vice President of Private Banking at Markaz said “The project is a luxurious 23 story residential tower that oversees Ras Beirut seafront and the AUB campus. We are offering 26 medium size apartments (420m2), eight large apartments (520 m2) and one (700m2) duplex. Renowned project developers and engineers were appointed to this project. The initial work has already started and the construction is to be completed in 2010.” He added “Markaz’s soon to be launched a representative office in Beirut is a testimonial to our strong conviction in the opportunities residing in Lebanon. The Clemenceau project is just the beginning”. Mr. Al Abdul Jaleel concluded “We would like to take this opportunity to congratulate our Lebanese brothers and sisters”. Mr. Al Abdul Jaleel heads the newly established Private Banking Department, which provides exclusive and individualized financial planning to private individuals. He joined Markaz in 2005 and has more than 11 years of experience in the areas of private banking and wealth management. He is backed by a team of Certified Wealth Managers. Kuwait Financial Centre 'Markaz', with total assets under management of over USD 5.09 billion as of 31 March 2008, 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 was recently awarded a BBB+ corporate rating by Capital Intelligence Ltd. ### Photo Caption: Mr. Fahad Gazi Al Abdul Jaleel - Vice President, Private Banking at Markaz About Markaz