Kuwait Financial Centre ‘Markaz’ has been named Best Investment Bank in Kuwait by international finance magazine Global Finance.

The award ranks Markaz among Global Finance’s best investment banks in the world for 2011, chosen on the basis of deals announced or completed in 2010, and taking into account criteria including, among others, market share, number and size of deals, service and advice, innovation, pricing, and market reputation.

Mr. Ali H. Khalil, Chief Operating Officer at Markaz, said: “We are proud to have won this prestigious award. Markaz has executed over USD1.5 billion of debt and equity mandates since 1997, and is becoming the financial advisor of choice for leading companies in the Middle East region due to our proven record in providing our clients with creative investment banking solutions, and our ability to execute mandates under various market conditions.”

He added: “Our team of dedicated professionals possesses in-depth expertise in a wide spectrum of sectors to successfully manage investment banking mandates, and is well poised to capture the attractive opportunities that exist in the market.”

Markaz investment banking services include equity and debt financing, M&A advisory service, and capital restructuring and disposition. Markaz expertise also spans various sectors including real estate, infrastructure, oil and gas, logistics, manufacturing and financial services.