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CEO ME Magazine awards Global as 'Best Investment Company'
- Kuwait: Tuesday, October 30 - 2007 at 13:59
- PRESS RELEASE
Global Investment House 'Global' announced that it was awarded the 'Best Investment Company' in the region by CEO Middle East, ITP Publishing Group's business magazine, thanks to the vital role Global plays in the regional investment industry.
The prize was received by Mr. Bader Abdullah AL-Sumait, executive vice president at Global, in a ceremony held in Madenat Jumaira Hotel in Dubai. He expressed his gratitude to the magazine for choosing Global as one of the most prominent investment companies in the region which is witnessing a great activity.
"We would like to thank CEO Middle East magazine for choosing Global and conferring us this great honor. This award comes in light of the developments that Gulf markets and the whole region have witnessed during the last few years, in addition to the progressive movement of investment companies and banks in the region recently."
The Global executive followed by saying that global has been and will remain a leader in providing the best investment services and promoting world glass investment practices and products. This is clear in the company's issuance of in-depth science based financial reports on listed companies and the region's markets, in addition to launching distinguished investment products and Global's self-compliance with international business standards.
He pointed out that the award is the fruit of efforts by Global's Board of Directors, Executive Management and employees in its regional offices.
Al-Sumait affirmed that Global continually seeks to launch creative investment products and services and generate high revenues for its customers and the investors alike whether through its asset management operations or investment banking.
It is worth mentioning that Global had won several prestigious awards on different levels, last of which was last June as the "Best Investment House in Kuwait" from Euromoney international magazine.
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Notes and media contacts
About Global Investment House "Global"Global Investment House "Global" is a full-fledged investment company incorporated in 1998, and falls under the regulation of the Central Bank of Kuwait. Its underlying foundation is to meet the high expectations of local and international clients, and to enhance the investment service industry and the capital market in Kuwait and the region. Today, Global stock lists on the Kuwait, Bahrain, and Dubai Stock Exchanges, with branches and affiliates in Bahrain, Dubai and Abu Dhabi (UAE), Jordan, Qatar, and Sudan. Global plays an important role in promoting investment opportunities in the Arabian Gulf Peninsula to investors through expert financial engineering, in-depth research and reports to advance the capital market in the region. Thus, Global's achievements have been recognized on local, regional, and international levels. The company's current assets under management reached KD2.35 billion (USD8.4 billion) as at 30 September 2007.
For more information about Global, please contact:
Khaled A. AlAttar
Assistant Manager Media Relations
Tel: (965) 240-0551 Ext. 402
Fax: (965) 242-0498
P.O. Box: 28807 Safat, 13149 Kuwait
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Posted by Medilyn Manibo, Assistant News Editor
