MANAMA: Global Investment House (Global), a listed company on Bahrain bourse, has emerged as a model investment bank in the last ten years. From an entrepreneurial $50 million company in 1998, Global has become one of the region’s largest investment banks with a market capitalization exceeding $5.4 billion at the end of 2007, the company said in a statement.
Maha Al-Ghunaim, chairperson and managing director of Global, said: “Since the company’s establishment in 1998, the team has worked very hard to create a difference and add value to the regional financial industry.”
“Almost 25 years of achievements were condensed into 10 years by Global as we simply aim to be the best. From our excellent products and services to our wide geographic expansion into 16 countries and listing the company stocks on four different stock markets (Kuwait, Bahrain, Dubai and London Stock Exchanges), we have certainly led Global on a path to continuous success.” “Global is the first Kuwaiti company to be listed on the London Stock Exchange through issuing Global Depository Receipts (GDR’s) by successfully raising $1.15 billion.”
Al-Ghunaim added: “We have succeeded in making Global Investment House a brand name that reflects professionalism, creativity, know-how and wealth creation. Global has been recognized as one of the most powerful brands in the region by super-brands, an entity that monitors and recognizes brands in over 56 countries.”
“Global has been reporting excellent financial results year on year, clearly outperforming itself and its pears in the region. We have created good wealth for our shareholders, specially the promoters who have recorded almost 50 multiples on their initial investments,” she said.
“To exceed our clients’ expectations is what Global promises its regional and international client-base of over 6,500 clients. Global has maintained and built strong and long-lasting relationships with financial and non-financial institutions worldwide. These distinguished relationships with clients, business partners, shareholders, and staff are based solely on trust and professionalism leading to better service and returns to all parties involved.
“Our client base grows continuously and 70 perecnt of them have invested in one or more of Global’s managed funds. This portrays the diversity of Global’s products,” she said.
