Al-Nouri resigns from Global

From the time of the company's inception nine years ago, Mr. Al-Nouri's contribution, wise leadership, and dedication has reflected on Global to build a strong and solid company.

Mrs. Al-Ghunaim said, "Global will truly miss Al-Nouri's unique personality and distinctive leadership which had been a source of inspiration for the whole company over the years."

She noted that his decision to retire is due to personal reasons.

"It is painful for us to say goodbye to a wise man and a father figure such as, Mr. Al-Nouri, who witnessed the birth and growth of Global to its current position, during which he provided his valuable advice and guidance to all of us" added Al-Ghunaim.

Mrs. Al-Ghunaim stated that Mr. Al-Nouri's vast experience in the areas of politics, economy and science has been instrumental in shaping Global, and it is evident in the company's attention to the use of research, knowledge, and applying international standards as a base all of its projects and investment strategies.

"The Board met on Saturday, March 3rd, and accepted Mr. Al-Nouri's resignation then elect Mrs. Al-Ghunaim as the new Chairperson and Managing Director, and Mr. Khalid Jassim Al-Wazzan as the Vice Chairman."

The upcoming Annual General Meeting will approve the new appointments in its upcoming meeting scheduled on Wednesday, March 14, at the company's headquarters.

It is worth mentioning, that since the company's inception in 1998 under the leadership of Mr. Al- Nouri, Global has managed and raised its capital from 15 million Kuwaiti Dinars to 70.5 million Dinars. The company also provides many financial advisory services and investment products on a global level, many of which received regional and international recognitions.

In addition, Global also received numerous awards from reputable international organizations during the past years.

Mrs. Al-Ghunaim concluded by thanking Mr. Al-Nouri for his great efforts, support to Global throughout reign, and expressed her heartfelt wishes to him for good health.