Kuwait Financial Centre “Markaz” [KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MARKAZ: KK] was awarded the Euromoney’s “Best Investment Bank in Kuwait” prize for the second consecutive year. Euromoney’s 2014 Award for Excellence recognizes Markaz based on demonstrated breadth of capabilities and excellence in execution of client mandates across debt market transactions, equity transactions, mergers and acquisitions, and advisory work. The final decision is based on a rigorous process culminating in review by Euromoney team of editors, journalists and researchers.
Commenting on this occasion, Ms. Rasha Othman, Vice President – Fixed Income and Capital Markets at Markaz, said: “It is an honor to receive Euromoney’s prestigious award for the second year in a row. Such an acheivement reaffirms our leadership in Kuwait’s capital markets and our commitment to create sustainable value for our clients.”
Ms. Othman explained: “The award is the result of the industry’s recognition of 12 highly successful transactions completed over the past year across a wide number of activities, including capital raising, equity listing, debt restructuring, offset advisory, valuation and strategy. We are very excited about opportunities going forward and we have entered 2014 with a very strong transaction pipeline.”
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 of over KD 1 billion as of March 31st, 2014 (USD 3.6 million). Markaz was listed on the Kuwait Stock Exchange (KSE) in 1997.
# End #Picture Caption: Ms. Rasha Othman, Markaz Vice President – Fixed Income & Capital Markets and Mr. Sohail Ladha, Markaz Vice President – Advisory###