Kuwait Financial Centre (Markaz) Financial Performance and Holdings

Markaz, also known as Kuwait Financial Centre, is a leading investment firm in the region. Founded in 1974, it has a rich history of providing financial services to individuals and institutions.

The company has a significant presence in the Middle East and North Africa, with a network of offices across the region. Markaz has a reputation for its expertise in asset management, investment banking, and private banking services.

Markaz offers a wide range of investment products, including equities, fixed income, and real estate investment trusts. Its investment portfolio includes a diverse mix of local and international stocks, bonds, and other securities.

Markaz has a strong track record of delivering stable returns to its clients, with a focus on long-term growth and wealth creation.

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Kuwait Financial Centre (Markaz) is a leading investment company in the Middle East. Founded in 1974, it has been serving clients for over 45 years.

Markaz is headquartered in Kuwait City, Kuwait. Its mission is to provide innovative investment solutions to its clients.

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The company has a strong presence in the region, with a network of offices in Kuwait, Dubai, and Riyadh. Markaz is a subsidiary of the Kuwait-based conglomerate, Boubyan Petrochemicals Company.

Markaz offers a range of financial services, including asset management, private banking, and investment management. Its investment portfolio spans various sectors, including real estate, equities, and fixed income.

With a team of experienced professionals, Markaz provides expert advice and guidance to its clients.

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Kuwait Financial Centre (Markaz) has a long history dating back to 1977, when it was established as a public shareholding company.

The company is listed on the Kuwait Stock Exchange (KSE) and has a market capitalization of over $2.5 billion.

Markaz has a strong presence in the region, with offices in Kuwait, Dubai, and other key financial hubs.

The company offers a wide range of financial services, including asset management, investment banking, and securities brokerage.

The quotes section of our financial information provides a snapshot of the market's performance over time.

The price of the asset in question has been steady at 0.1550 KWD on two consecutive days, February 25-02-13 and February 25-02-12.

However, on February 25-02-11, the price rose to 0.1570 KWD, marking a 2.61% increase from the previous day.

On February 25-02-10, the price dropped to 0.1530 KWD, a 1.92% decrease from the day before.

The volume of trades on February 25-02-11 was significantly higher than on the preceding days, with 1,848,915 transactions recorded.

Here's a breakdown of the price changes and volumes for the days in question:

Kuwait Financial Centre (Markaz) has a robust organization structure that enables it to achieve its goals. The company is led by a Board of Directors, which plays a crucial role in setting the company's overall direction and strategy.

The Board of Directors is composed of experienced and knowledgeable individuals, including Dr. Bader Al Saif, who has been instrumental in shaping the company's vision and mission. Markaz's CEO, Mr. Hamad Al Marafie, oversees the company's operations and ensures that its strategic objectives are met.

Markaz's organization structure is designed to be agile and responsive to changing market conditions, enabling the company to stay ahead of the curve and adapt to new opportunities and challenges.

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The board members of Kuwait Financial Centre - KPSC are a crucial part of the organization's structure.

The Chairman of the board is Diraar Yusuf Ahmad Al-Ghanim, who has been in the position since 2010-02-25 and is 82 years old.

The board consists of several directors, each with their own title and responsibilities. Some of the directors include Faisal Abdul Aziz Mohammad Al-Jallal, Fahad Al-Jouaan, Adel Al-Ghannam, Ayman Al-Shaya, Omran Hayat, and Fahad Sulaiman Al-Dalali.

The directors have varying levels of experience, with some having been in their positions since 2010-02-25 and others since unknown dates.

Here is a list of the board members:

In the Investment Management & Fund Operations department, the end-of-day quote for Kuwait S.E. Other stock markets on February 13, 2025 is 0.1550.

This quote has remained stable over the past 5 days, with no change in percentage. In contrast, the 1st Jan Change shows a decline of -2.52% compared to the beginning of the year.

The Kuwait Financial Centre - KPSC has reported earnings results for the Third Quarter and Nine Months Ended September 30, 2024, which is notable for investors.

Kuwait Financial Centre - KPSC has also reported earnings results for the Second Quarter and Six Months Ended June 30, 2024, providing valuable insights into the company's financial performance over time.

Here is a summary of the recent earnings reports:

The company's shareholders play a crucial role in its decision-making process. As of March 16, 2023, the major shareholders owning more than 5% of the issued shares are Kuwait Pillars for Financial Investment (KSC Closed) and Al Mubader Co.

Kuwait Pillars for Financial Investment, formerly known as Strategia Investment Company, holds a significant stake of 29.695% in the company. This is a substantial amount of ownership, giving the company a strong influence over the organization's direction.

The underlying beneficiary of Kuwait Pillars for Financial Investment's stake is not applicable, meaning there is no additional entity holding a stake in the company.

Al Mubader Co. also holds a notable stake of 5.133% in the company, but the underlying beneficiary is not applicable in this case either.

Here is a summary of the major shareholders:

Markaz has a presence in the Middle East and North Africa (MENA) region through its subsidiary, Marmore MENA Intelligence. Established in 2010, Marmore offers full-fledged research in asset management and investment banking.

Marmore's objective is to provide financial research and analysis of MENA economies, markets, and companies. This expertise is invaluable for investors looking to tap into the region's growing markets.

Markaz also has a real estate arm in the United States, Mar-Gulf Management, Inc. (MGMI), which has been conducting real estate transactions since 1988.

Here is a list of Markaz's subsidiaries and branches:

Markaz was established in 1974 as a public shareholding company.

It was founded by the Kuwaiti government to promote economic development in Kuwait.

The company's name was changed to Kuwait Financial Centre (Markaz) in 1997.

Markaz has a long history of innovation and growth.

In 2007, Markaz launched its Shariah-compliant investment platform, which has been successful in attracting investors.

Markaz has a strong presence in the Middle East and North Africa region.

The company has a team of experienced professionals who provide investment solutions to clients.