Kuwait Financial Centre K.P.S.C “Markaz” is an asset management and investment banking institution in the MENA region with total assets under management of over KD 1.154 billion as of 31 December 2022 (USD 3.77 billion). Markaz was listed on the Boursa Kuwait in 1997. Markaz has created new investment channels that enjoy unique characteristics and help Markaz widen investors’ horizons. Examples include Mumtaz (the first domestic mutual fund), MREF (the first real estate investment fund), and Forsa Financial Fund (the first and only options market maker in the GCC since 2005), all conceptualized, established, and managed by Markaz.

Shareholders structuring

The major shareholders (owning more than 5% of the issued shares) of the company directly or indirectly as of March 16, 2023, are as follows:

Subsidiaries and branches

*Marmore MENA Intelligence: It was established in the year 2010. Marmore is a majority owned subsidiary of Kuwait Financial Centre "Markaz". Marmore offers full-fledged research in asset management and investment banking focused on Middle East and North Africa (MENA) region. Marmore’s objective is to provide services of financial research and analysis of Mena economies, markets, and companies. *Mar-Gulf Management, Inc. (MGMI): Acts as Markaz's real estate arm in the United States. Since 1988, Markaz has been conducting real estate transactions in the US through Mar-Gulf, located in Los Angeles, California.

Latest awards

2016: Best Equity Manager in Kuwait Award from MENA Fund Managers 2014: Global Investor’s Best Asset Manager Award 2014: EMEA finance’s Best Asset Manager Award 2014: Euromoney's Best Investment Bank Award 2014: Global Finance’s Best Investment Bank Award

References

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External links

MARKAZ official site

www.e-marmore.com
Investment management companies of Kuwait