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Sunday, November 29 - 2009

The Investment Dar appoints Credit Suisse

The Investment Dar Co. K.S.C.C. announces that it has hired Credit Suisse to provide advice regarding its financial strategy.

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"We're pleased to be working with a leading global bank of Credit Suisse's stature to consider the options available to us in this market,"


said The Investment Dar Chairman and Chief Executive Officer, Adnan Al Musallam.

Marisa Drew, EMEA Co-Head of the Global Markets Solutions Group at Credit Suisse said: "We are honored to be working with The Investment Dar. TID has a track record of successful investment and a strong portfolio of assets. We look forward to assisting the Company through these challenging markets, in order to maximize long term value for its key stakeholders."
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About Investment Dar
Investment Dar Company K.S.C (Closed) (TID), an international shareholding company headquartered in Kuwait, holds a fully diversified group, was established with a pioneering vision based on innovation, development and commitment to success. Aiming to become a leading world class financial institution since its inception, Investment Dar has embodied constant and continuous success and experienced exponential growth.

Today, Investment Dar is the largest listed investment company in the GCC employing a staff of over 400 professionals, It is a conglomerate that owns and manages a group of specialised high profile companies diversified across a broad spectrum of essential business sectors including banking, finance, investment and asset management, real estate, insurance, banking, manufacturing and logistics in addition to major projects on both the regional and international.

With associated projects and assets under management exceeding $15bn, Investment Dar maintained consistent financial performance and high returns on investment for its shareholders. As of 31 December 2006, The Investment Dar's total assets exceeded $3.5bn, and shareholders' equity exceeded $1bn. Its 2006 year-end revenues and net income exceeded US$560 million and $317m respectively. Whereas its earnings per share for the period was valued at US Cents 48.7. During the same period, Investment Dar's Return on Equity (ROE) was valued at 37.9%, whereas its Return On Assets (ROA) reached 10.6%.
Investment Dar also won numerous prestigious awards and accolades including:

Investment Company of the Year, Middle East. World Finance Banking Awards 2007

Best Finance Deal Worldwide, Islamic Finance. World Finance Banking Awards 2007

Most Innovative Finance Deal - 2007 Sukuk Summit London Awards 2007

The Best Islamic Finance House, Banker Middle East Industry Awards 2007

The Best Investment Company, Arabian Business Awards 2007

Achievement Recognition Award, World Finance & Investment Conference

Gulf Economic Award by Exe-German Council Gerhard Shrewder - 2006

Top 50 most Distinguished Arab Companies: Rated 1st in Kuwait and 6th In the GCC - Arabian Business magazine

Top 150 listed companies in the GCC - Rated 1st in the GCC by sector - Gulf Business Magazine.

Top 50 Arab Investment Companies. Rated 2nd in the Arab World - Iqtissad Wal Aamal

Investment Dar is currently listed in the Kuwait Stock Exchange (KSE), and its operations are well diversified between region and international.

For more media inquiries, contact:
Nabeela Mohammed
Financial Dynamics
Tel: +973 17537072

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