National Bank of Kuwait
BEST EQUITY HOUSE
Global Investment House
National Bank of Kuwait continues to be pre-eminent in the national market in spite of increasingly tough competition. Under its CEO, Ibrahim Dabdoub, it has been dynamically, flexibly and intelligently managed and is one of the most highly respected financial institutions in the Middle Eastern region.
Net income was up 23%. It was also responsible for a $600 million bridging loan for Equate Petrochemical Company to repay existing loans and finance two new projects last year. NBK also lead managed the largest ever Kuwait dinar denominated bond issue – the KD60 million ($200 million) issue for Commercial Bank of Kuwait.
Under the dynamic leadership of its managing director, Maha Al Ghunaim, best equities house Global Investment House has demonstrated that the Middle East can develop well-managed investment banks.
Set up to service the needs of local and international clients, Global promotes investment opportunities in the Gulf to international investors and gives them diverse scope for international and national investment. It facilitates those investments by providing specifically tailored products and services.
It has helped improve the quality of research in the region – so essential if serious regional and international investors are to remain in the market.