Fahad Al-Mukhaizeem:
- The award is the harvest of the company’s efforts in providing advanced financial advice to clients.
- The investment banking sector has succeeded in playing a major role and has become the most competitive player locally and regionally.
- National Investments is the lead coordinator and joint subscription manager with a total of 53 billion US dollars, equivalent to 1.08 billion Kuwaiti dinars, fulfilled requests for the subscription of Ali Al-Ghanim Sons Automotive Company.
- The company has also succeeded in executing a strong group of distinguished investments with the most prominent global partners, with a total value of nearly 41 million US dollars.
In recognition of its distinguished services and continuous achievements, the National Investments Company won the Best Award investment banking company In Kuwait for the year 2022, by World Finance, as a culmination of the company’s tireless efforts in providing advisory services to clients.
It is worth noting that World Finance is one of the most prestigious international magazines that was established nearly 20 years ago, and is headquartered in the British capital, London. In-depth regional and reporting on global financial markets, regulation and policy making, retail banking, investment banking, trade, technology, project finance, infrastructure and real estate, with an average readership of regarding 120,000 per issue.
The National Investments Company (Best investment banking company in Kuwait) is among a large number of candidate companies that have undergone technical evaluation and analysis of performance by financial experts and specialists in the investment sector.
In this context, Mr. Fahad Al-Mukhaizeem, CEO of National Investments Company, said: “We are pleased with this exceptional achievement that crowns the company’s efforts to achieve excellence in providing unparalleled services to clients.
Outstanding Opportunities
Al-Mukhaizeem explained that NIC’s obtaining this international appreciation from World Finance is evidence of the company’s ability to provide competitive and unique services, stressing that the company continues to develop, innovate and provide high-quality services to the beneficiaries in order to create added value for customers.
Al Mukhaizeem pointed out that the investment banking sector has become the most competitive player locally and regionally, thanks to decades of combined experience, a huge range of advisory services, and a prominent presence in the investment activity – managing private equity and alternative investments in the local, regional and international markets.
Al-Mukhaizeem also stressed that the National Investments Company was able to achieve fruitful results and exceptional performance in all sectors in which it operates, which placed it at the forefront of the leading investment companies in Kuwait and the Gulf region, and this confirms its position as one of the largest investment companies in terms of the volume of assets under management, which reached 1.13 billion Kuwaiti dinars by the end of the second quarter of 2022, equivalent to (3.68 billion US dollars).
Al-Mukhaizeem reviewed the performance of the investment banking sector in the National Investment Company, where he said that the sector works on two types of commercial activities, financial advisory services and alternative investments.
He said that the Financial Advisory Services Department provides a range of multiple services that include mergers and acquisitions, capital market transactions, including initial public offerings and listing on the Kuwait Stock Exchange, issuance of bonds and sukuk, bond classification and mandatory and voluntary acquisition offers. In addition, the department provides other advice represented in: Evaluating companies, financial feasibility studies, preparing business plans, preparing a strategy, growth and development, financial restructuring, structuring operations, strengthening governance, examining investments and providing services for public-private partnership projects. For example, he led the subscription of Ali Al-Ghanim Sons Automotive Company K.S.C.C. Inside Kuwait as the main coordinator, listing advisor and joint lead manager with a total of 1.08 billion Kuwaiti dinars, equivalent to 3.53 billion US dollars, and is preparing for another subscription and listing process in the second half of 2022-2023.
Al-Mukhaizeem also explained that the Alternative Investments Department has unparalleled experience in many sectors, especially financial services, real estate, food, infrastructure, education, hospitality, venture capital and technology. The investment banking sector team will invest in the infrastructure, credit and information technology sectors in the first half of 2022.
achievements 2021
Al-Mukhaizeem addressed the achievements of the company’s investment banking sector during 2021, despite the economic conditions and challenges resulting from the Corona pandemic, as the sector achieved distinguished achievements to play a major and effective role in the largest deals, and the company implemented a strong group of distinguished investments with the most prominent global partners, including Approximately $41 million, as its investments included a number of mergers and acquisitions for the benefit of its clients, a number of sales and restructuring operations, as well as contracts to provide multiple general advisory services in the infrastructure, credit and information technology sectors.
He also referred to the performance of the Financial Advisory Services Department and its success during 2021 in completing the process of listing Al-Safat Investment Company on the Kuwait Stock Exchange, which has a capital of regarding $93 million, in addition to the remarkable success shown by the Alternative Investments Department through its successful investments in several projects outside the State of Kuwait. .
At the end of his speech, Fahd Al-Mukhaizeem praised the performance of the Alternative Investments Department and the Financial Advisory Services Department, and that the National Investments Company was and still continues to work with precision and efficiency to optimally meet all the aspirations of its clients at the local, regional and global levels, in order to maintain the march of progress. And the prestigious position of the company as one of the most prominent specialized investment entities, which has a proven track record of achievements and successes.
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