Kuwait Financial Centre (Markaz) wins Kuwait’s most innovative securities house award for being a pioneering force in the country’s capital markets.
For the 12 months ending March 31, 2024, Markaz recorded revenues of about $101.1 million and net profits of $30.2 million. It had a return on equity of 2.6% and return on assets of 1.6%.
On the deal front, its innovative streak was on display in the past year. One important example was Markaz’s role as a lead manager and subscription agent for Sultan Center Food Products Company’s KD9.65
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