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Press Release

Markaz Concludes its Strategic Sponsorship with Coded Academy for the UniCODE Competition 2024

Markaz concluded its participation as a Strategic Sponsor for the fourth “UniCODE” Competition 2024 by Coded Academy. The academy awarded three winning teams in the graduation ceremony, hosted at Boursa Kuwait on December 14. Markaz’s support for this initiative aims to build human capacity and support the education of Kuwaiti youth while aligning with the company’s corporate social responsibility (CSR) strategy.

16/12/2024

Markaz Launches Revamped Investor’s Vantage Newsletter

Kuwait Financial Centre "Markaz" launched recently its newly revamped bi-annual publication under a new name, “Investor’s Vantage”. Formerly known as ‘engage’, the refreshed publication represents a strategic shift towards a more expert-driven, opinion-based format, featuring insightful analyses from Markaz’s top analysts and thought leaders. As Markaz celebrates its 50th anniversary, the revamp reflects Markaz’s unwavering dedication to providing its clients with relevant and timely insights into the ever-evolving financial landscape.

10/12/2024

Press Release

‘BBB’ Issue Rating Affirmed with a Stable Outlook for Markaz’s Senior Unsecured Bond Due 2025

Markaz announced that Capital Intelligence Ratings (CI Ratings or CI) has affirmed the ‘BBB’ issue rating assigned to Markaz’s KWD35mn Senior Unsecured Bond due 2025. The Outlook on the rating remains Stable.

09/12/2024

Press Release

Markaz Unveils Key Investment Trends and opportunities in its annual “Markaz 2025 Outlook” seminar

Reaffirming its leadership in asset management and investment banking in the region, Kuwait Financial Centre “Markaz” organized its annual seminar titled "Markaz 2025 Outlook: Investment Trends and Opportunities”. The event took place on December 4, at the Four Seasons Hotel Kuwait, featuring insights from Markaz experts alongside leading financial experts from the United States and Europe.

05/12/2024

Press Release

Markaz: Kuwait equity markets positive despite geopolitical uncertainty

Markaz released its Monthly Market Review report for November 2024. Kuwait equity markets were positive for the month driven by banking, basic materials and consumer discretionary sectors.

03/12/2024

Markaz participates as a Strategic Partner in MoneyTech 2024 for the third year

Markaz participated in Aljarida MoneyTech 2024, which took place on November 10 at the Grand Hayat Hotel. This annual flagship event gathered industry pioneers, innovative thinkers, decision makers, and key stakeholders to explore and shape the rapidly evolving landscape of financial technology in the region. Markaz’s participation as a sponsor and a speaker in one of the key panel discussions for the third year highlights its ongoing keenness to driving innovation and collaboration within the fintech sector. The event provided a unique platform for exchanging insights, exploring emerging trends, and showcasing transformative solutions that are reshaping financial services.

14/11/2024

Press Release

Markaz records Total Revenues for 9M 2024 of KD 14.92 million

Kuwait Financial Centre “Markaz” (KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MARKAZ: KK) reported its financial results for 9M 2024 with Total Revenues of KD 14.92 million with an increase of 6.25%, as compared to Total Revenues of KD 14.04 million in 9M 2023. Net Profit attributable to shareholders of Markaz was KD 3.35 million for Jan-September 2024, compared to KD 0.71 million in the same period last year.

13/11/2024

Press Release

Invitation to attend the Unitholders Assembly Meeting (“UAM”) of “Markaz Gulf Real Estate Fund”

Kuwait Financial Centre "Markaz", would like to cordially invite the Unitholders of “Markaz Gulf Real Estate Fund” to attend the meeting on Thursday, 28th of November 2024, at 1:30 pm. The meeting will be held at Markaz premises, located in Al Mirqab Area, Block 1, Al-Soor Street, Burj Al-Shaya, 6th floor.

10/11/2024

Press Release

Invitation to attend the Unitholders Assembly Meeting (“UAM”) of “Markaz Real Estate Fund”

Kuwait Financial Centre "Markaz", would like to cordially invite the Unitholders of “Markaz Real Estate Fund” to attend the meeting on Thursday, 28th of November 2024, at 1:00 pm. The meeting will be held at Markaz premises, located in Al Mirqab Area, Block 1, Al-Soor Street, Burj Al-Shaya, 6th floor.

10/11/2024

Press Release

Invitation to attend the Unitholders Assembly Meeting (“UAM”) of “Markaz Islamic Fund”

Kuwait Financial Centre "Markaz", would like to cordially invite the Unitholders of “Markaz Islamic Fund” to attend the meeting on Wednesday, 27th of November 2024, at 1:00 pm. The meeting will be held in Al Mirqab Area, Al Soor Street, Burj Alshaya, 8th floor.

07/11/2024