Markaz Garners Dual Accolades at EMEA Finance Middle East Banking Awards 2023

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Kuwait Financial Centre ‘Markaz’ has reaffirmed its stature as a prominent investment banking and asset management entity by clinching two esteemed awards at the EMEA Finance Middle East Banking Awards 2023 in Dubai, UAE. The company was honored with the ‘Best Asset Manager’ Award and the ‘Best Local Investment Bank’ Award, further augmenting its extensive collection of over 80 accolades amassed over the past decade, underscoring its reputation for excellence.

The EMEA Finance Middle East Banking Awards serve as a distinguished acknowledgment of outstanding achievements and contributions within the financial services sector across the Middle East region. Criteria for selection encompass market share, growth rate, profitability, innovation, and the quality of business strategy.

These prestigious accolades underscore Markaz’s sustained success and robust performance in asset management and investment banking despite the economic challenges of 2023. They also reflect the company’s commitment to delivering top-tier financial services, innovative offerings, and unwavering dedication to client satisfaction. Markaz’s 11th win from EMEA Finance is a testament to its 50-year legacy of expertise and excellence in the investment sector.

Mrs. Amani I. Al-Omani, expressing her pride, stated, “This recognition honors our top-notch asset management services and reinforces our position as an industry leader in the MENA region.” She emphasized Markaz’s continuous endeavor to provide clients with advanced investment tools and solutions, exemplified by the launch of the GCC Momentum Fund in 2023, aimed at enhancing risk-adjusted returns.

Ms. Rasha Othman, on receiving the ‘Best Local Investment Bank’ Award, highlighted Markaz’s exceptional investment banking capabilities and its commitment to developing innovative investment solutions aligned with clients’ strategic objectives. She cited significant achievements in capital market activities, including facilitating bond issuances and financial restructurings for high-profile companies.

Markaz’s remarkable performance in 2023 culminated in the receipt of ten esteemed industry awards, recognizing its market leadership, corporate social responsibility initiatives, digital innovations, and commitment to diversity and inclusion. These accolades reinforce Markaz’s standing as a distinguished player in the financial services landscape.