Al Masah Capital bags ‘Best MENA Asset Manager 2017’ award

AMCL’s management and employees won one of the highest honors at the recently held MENA Fund Manager Performance Awards ceremony.
Updated 08 February 2017
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Al Masah Capital bags ‘Best MENA Asset Manager 2017’ award

Al Masah Capital (AMCL) added another feather to its cap by winning the prestigious “Best MENA Asset Manager 2017” award at the recently held MENA Fund Manager Performance Awards ceremony.
Al Masah Capital’s industry peers and MENA FM’s judging panel recognized AMCL’s incredible growth story of the last six years and awarded the company, its management and employees one of the highest honors of the night.
Shailesh Dash, founder and CEO of AMCL, said: “A remarkable achievement and recognition for a group of people that deserve all the praise; we always envisioned setting a newer and higher standard for fund management performance and we are delighted and humbled that our industry peers hold us in such high esteem.”
AMCL SEO, Saikat Kumar added: “This award is a testament to the team; over the last six years this team has worked hard to achieve new goals and elevate themselves above the competition. We are very happy to receive such recognition as it shines a light on all the years of determination, sweat and tears put in by the management and the team.” 
Head of asset management, Akber Naqvi, said: “Al Masah Capital has always prided itself on recognizing an opportunity, being smart, flexible and dynamic to capture this opportunity and placing itself at the heart of the next cycle, thereby ensuring a rate of return for its investors and shareholders that is peerless; the regional asset management industry is changing, adapting and growing and this award shows that AMCL is equipped and ready to be at the forefront of the evolution.”
Al Masah Capital added the “Best MENA Asset Manager 2017” award to its long list of awards won over the years, including, “Outstanding Achievement by an Individual,” “Best PE House,” “Best PE Fund,” “Best Newcomer Fund,” and “Best IPO Fund.”


PepsiCo. distributes 2,000 Ramadan packages

Updated 18 June 2018
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PepsiCo. distributes 2,000 Ramadan packages

PepsiCo., a global food and beverage company, has partnered with Alber Charity in Riyadh, Al-Barakah Charity in Dammam, and Al-Ahyaa Center in Jeddah to distribute more than 2,000 packages containing food and beverages to underprivileged families.
PepsiCo. employees participated in compiling and distributing the packages, which contained Quaker Pasta, Quaker Soup Mix, Quaker Oats, Quaker Good Start biscuits, Quaker Oats Crackers, several varieties of Lay’s chips, and beverages including Aquafina, Lipton Ice Tea, Mirinda Orange Joosy, Mirinda Citrus Joosy, and 7-Up Joosy.
Abdulrahman Al-Ahaideb, head of communications — G&LF CU and MENA FOBO, PepsiCo, said: “PepsiCo. is committed to supporting the communities in which we live and operate. We are pleased to celebrate Eid Al-Fitr with our neighbors, by sharing a hamper of fun products that can be enjoyed at any time.”