NCB capital equity research wins three Euromoney awards for third year running

The first place awards are: Best Research House in the Cement Sector; Best Research House in the Consumer Goods/Retail Sector; Best Research House in the Food & Agriculture Sector.

Commenting on this outstanding achievement, Farouk Miah, Head of Equity Research at NCB Capital, said, "An essential component in building our role as a trusted advisor to clients is the depth of thinking and analysis that we offer them and over the last four years we have invested in building what is now the leading domestic Saudi equity research capability, which is recognized by our repeated success in winning the annual Euromoney awards."

The Euromoney annual survey asks global and regional investors to rate the quality of sell side research covering the Middle Eastern equity markets and each respondent was asked to nominate the top three firms by sector.

This year's survey is Euromoney's sixth and is seen as a key independent indicator of research effectiveness and quality in the region. In 2012, over 400 HNW and institutional clients voted in this poll.

NCB Capital, the Kingdom of Saudi Arabia's largest asset manager and leading wealth management company, is well positioned to gauge the market from a unique viewpoint and bases its success on its commitment to a high quality research product, its on-the-ground presence in the Saudi market, and the close cooperation between its research and sales organizations.

Putting this into practice, NCB Capital offers its clients a dedicated, market-leading research team that provides insightful and up- to-date-research on the Saudi equity market. The award-winning team also analyses the region's financial and economic landscape, regional issues and business and industrial sectors which positions NCB Capital as a wealth management thought leader.

Covering over 40 stocks in the Saudi market, equivalent to over 80% of the TASI market capitalisation, NCB Capital Equity Research is positioned as the leading source of analysis and insight for the Saudi market, and provides clients with in-depth analysis of major Tadawul listed stocks as well as regular daily, weekly and monthly analytical reports on multiple business and industrial sectors and market outlook to support and confirm our clients' investment decisions.

In addition, NCB Capital Equity Research publishes an annual 'Saudi Factbook' which looks at the yearly outlook for the local equity market as well as a commentary on all the sectors and all stocks listed on the Tadawul All Shares Index (TASI).