Euromoney awards Global 'Best Equity House' in Kuwait in 2008

In an event held on Wednesday 11 June 2008 evening at the Madinat Jumeirah Hotel, Dubai, UAE, and attended by a number of local and international media and business personalities, Mr. Neil Osborn, Publisher and Managing Director, Euromoney presented the award to Mr. Omar El-Quqa, Executive Vice President at Global.

Mr. El-Quqa said, "We are delighted to receive the prestigious Euromoney award for the fourth consecutive year, which affirms our persistence to be a major player in the local, as well as the regional markets."

The award was presented to Global in recognition to its effective role in the Kuwaiti capital market, as well as the region's economies. Global has been very active in launching an array of successful products and services that offer investors the opportunity to diversify their investments and benefit from the economic boom in the different sectors and countries.

In addition, Global plays a major role in developing the equity market through producing continuous in-depth research covering listed equities, markets, sector, all the way to market indices and periodic updates.

It is worth emphasizing that Asiamoney, the Asian based and focused sister publication of Euromoney also awarded Global "Best Investment Bank" this week and this is the first time the publication includes the GCC region.

He continued "we are delighted to have received two awards in the same week, The Eurmoney award as the Best Equity House in Kuwait and the Asiamoney Award as the Best Investmnet Bank in Kuwait. These awards are recognitions of our potential and persistence to be major players in the local, as well as the regional markets."

El-Quqa added that these awards are international recognitions to Global's affective role in the Kuwaiti capital market; this is in result of our hard work and commitment to continuously exceed the market expectation from year to year.

Mr. El- Quqa pointed that the two awards put both an added responsibility on the shoulders of the management and employees, and are looked as a push to excel further more and maintain diligence.

He thanked the international financial magazine for its excellent distinction to Global for the past four years and stressed its significance to all Global's staff and clients.