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Press Release

Markaz: GCC IPOs raise USD 13.2 billion in 2024

Markaz released its research report titled “Initial Public Offerings (IPO) in the GCC markets”, stating that the region has seen 53 offerings during the year 2024 raising a total of USD 13.2 billion in proceeds, marking a 23% increase compared to the previous year, where issuers raised USD 10.7 billion through 46 offerings. Corporate IPOs raised USD 8.9 billion, or 67% of the total GCC IPO proceeds during the year, through 48 offerings. While IPOs offered by government related entities only accounted for 33%, amounting to USD 4.3 billion through 5 offerings.

19/01/2025

Markaz partners with Objectway, a leading provider of innovative digital solutions

Markaz, a leading asset management and investment banking firm in the MENA region, and Objectway, a leading provider of innovative digital solutions for banks, asset managers, and wealth managers, announced a strategic partnership in a step to support Markaz in delivering an enhanced client experience for clients, by significantly improving and automating processes and seamless client journeys.

09/01/2025

Press Release

Markaz: Global and GCC markets end 2024 on a positive note

Markaz released its Monthly Market Review report for December 2024. Kuwait equities, which declined in 2023, was among the top performers in 2024.

08/01/2025

Press Release

Markaz sponsors Business Valuation Masterclass for Kuwait University students with Professor Aswath Damodaran

Markaz proudly sponsored an intensive Business Valuation Masterclass, organized by Kuwait University’s Financial Trading Center, as part of the College of Business Administration, and conducted by Professor Aswath Damodaran from New York University (NYU), Stern School of Business. This sponsorship highlights Markaz’s commitment to fostering knowledge, financial literacy and excellence in the financial sector, and the investment banking realm.

25/12/2024

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