Latest news with #EMEAFinance
Arab News
12 hours ago
- Business
- Arab News
LuLu Retail wins ‘Best IPO in the Middle East' award
LuLu Retail Holdings, the region's leading full-line retailer, has been honored with the prestigious 'Best IPO in the Middle East' award by EMEA Finance magazine. The recognition was presented at the annual EMEA Finance Achievement Awards 2024, held in London on June 22. The accolade celebrates LuLu Retail's landmark initial public offering, which successfully raised $1.7 billion in Q4 2024, and marked the company's official listing on the Abu Dhabi Securities Exchange. The IPO drew widespread investor interest and was one of the most anticipated public listings in the region, reinforcing strong market confidence in the group's growth trajectory, financial resilience, and retail leadership. The EMEA Finance Achievement Awards are regarded as a benchmark of excellence in capital markets across Europe, the Middle East, and Africa. Winners are selected by the editorial board from a pool of nominations submitted by investment banks, corporates, and market participants. The awards spotlight the most impactful and innovative financial transactions spanning IPOs, debt issuance, Islamic finance, structured deals, and mergers and acquisitions. Saifee Rupawala, CEO of LuLu Retail Holdings, said: 'We are truly honored to receive this award, which reflects the strength of our business, the commitment of our team, and the trust placed in us by our investors. The IPO marked a transformative chapter for LuLu Retail, and we remain committed to delivering long-term value and sustainable growth.'
Times of Oman
19 hours ago
- Business
- Times of Oman
LuLu Retail wins 'Best IPO in the Middle East' Award at EMEA Finance Achievement Awards
LuLu Retail Holdings PLC, the region's leading full-line retailer, has been honored with the prestigious 'Best IPO in the Middle East' award by EMEA Finance magazine. The recognition was presented at the annual EMEA Finance Achievement Awards 2024, held in London yesterday. The accolade celebrates LuLu Retail's landmark Initial Public Offering, which successfully raised US$1.7 billion in Q4 2024, and marked the company's official listing on the Abu Dhabi Securities Exchange (ADX). The IPO drew widespread investor interest and was one of the most anticipated public listings in the region, reinforcing strong market confidence in the Group's growth trajectory, financial resilience, and retail leadership. The EMEA Finance Achievement Awards are regarded as a benchmark of excellence in capital markets across Europe, the Middle East, and Africa. Winners are selected by the editorial board from a pool of nominations submitted by investment banks, corporates, and market participants. The awards spotlight the most impactful and innovative financial transactions spanning IPOs, debt issuance, Islamic finance, structured deals, and mergers and acquisitions. Saifee Rupawala, CEO of LuLu Retail Holdings, said: 'We are truly honored to receive this award, which reflects the strength of our business, the commitment of our team, and the trust placed in us by our investors. The IPO marked a transformative chapter for LuLu Retail, and we remain committed to delivering long-term value and sustainable growth.'
Zawya
2 days ago
- Business
- Zawya
Markaz wins Five Prestigious Awards from EMEA Finance, Euromoney, and MEED in 2025
Kuwait – Kuwait Financial Centre 'Markaz' has received five distinguished awards from three of the world's most renowned financial platforms: EMEA Finance, Euromoney, and MEED, for its excellent performance in 2025. These recognitions highlight Markaz's established position as a trusted regional institution, known for delivering integrated investment solutions, driving innovation, and maintaining consistent, high-quality institutional performance. The awards were granted based on a comprehensive evaluation process combining both quantitative and qualitative criteria, including financial performance, operational effectiveness, execution quality, and strategic market positioning. The assessment also considered Markaz's innovation in crafting tailored investment products and services, as well as the added value delivered through its integrated solutions. These recognitions reflect Markaz's continued commitment to operational resilience and sustainable performance, despite prevailing global economic uncertainties, such as inflationary pressures, evolving investor priorities, and heightened regulatory complexity. At the EMEA Finance Middle East Banking Awards 2025 held in Dubai earlier this year, Markaz was named ' Best Asset Manager ' and ' Best Local Investment Bank,' in recognition of its capabilities in executing complex transactions, offering strategic advisory services, and developing innovative, customized solutions for capital markets that meet the dynamic requirements of clients across the region. Mr. Basel Al Habib, Senior Analyst, MENA Equities at Markaz, accepted the accolades on behalf Markaz. In a separate recognition, Euromoney named Markaz the ' Best Securities House in Kuwait,' affirming its leadership amid an increasingly competitive and fast-evolving financial services landscape, reflecting its ability to respond to market shifts with agility and foresight. Additionally, Markaz was recently recognized at the MENA Banking Excellence Awards 2025 for its outstanding contributions to the investment and asset management sector. The company received awards for 'Excellence in Investment Advisory in MENA' and 'Excellence in Real Estate Investment in MENA'. The ceremony was held in Dubai last week and representing Markaz at the event were Mr. Abdulrazzaq T. Razooqi, Senior Vice President, Head of Advisory and M&A, and Mr. Khaled Al Mubaraki, Senior Vice President, MENA Real Estate. Commenting on the achievement, Mr. Ali H. Khalil, CEO of Markaz, said: 'These awards underscore the strength of our institutional capabilities and the trust we have cultivated by consistently delivering effective, high-quality investment solutions. They reaffirm our steadfast focus on precision, innovation, and agility, and our enduring commitment to supporting clients and stakeholders, while contributing to the sustainable development of the financial sector.' With a track record spanning over five decades, Markaz has consistently established itself as a pioneer in the development of investment strategies and financial products that address the evolving needs of institutional and individual investors. These latest accolades raise Markaz's cumulative industry awards to more than 90 distinctions, spanning across key areas such as asset management, investment banking, wealth advisory, research, sustainability, and digital innovation. About Kuwait Financial Centre 'Markaz' Established in 1974, Kuwait Financial Centre K.P.S.C 'Markaz' is one of the leading asset management and investment banking institutions in the MENA region with total assets under management of over KD 1.44 billion (USD 4.67 billion) as of 31 March 2025. Markaz was listed on the Boursa Kuwait in 1997. Over the years, Markaz has pioneered innovation through the creation of new investment channels. These channels enjoy unique characteristics and helped Markaz widen investors' horizons. Examples include Mumtaz (the first domestic mutual fund), MREF (the first real estate investment fund in Kuwait), Forsa Financial Fund (the first options market maker in the GCC since 2005), and the GCC Momentum Fund (the first passive fund of its kind in Kuwait and across GCC that follows the momentum methodology), all conceptualized, established, and managed by Markaz.
Al Bawaba
2 days ago
- Business
- Al Bawaba
Markaz Wins Five Prestigious Awards from EMEA Finance, Euromoney, and MEED in 2025
Kuwait Financial Centre 'Markaz' has received five distinguished awards from three of the world's most renowned financial platforms: EMEA Finance, Euromoney, and MEED, for its excellent performance in 2025. These recognitions highlight Markaz's established position as a trusted regional institution, known for delivering integrated investment solutions, driving innovation, and maintaining consistent, high-quality institutional awards were granted based on a comprehensive evaluation process combining both quantitative and qualitative criteria, including financial performance, operational effectiveness, execution quality, and strategic market positioning. The assessment also considered Markaz's innovation in crafting tailored investment products and services, as well as the added value delivered through its integrated solutions. These recognitions reflect Markaz's continued commitment to operational resilience and sustainable performance, despite prevailing global economic uncertainties, such as inflationary pressures, evolving investor priorities, and heightened regulatory the EMEA Finance Middle East Banking Awards 2025 held in Dubai earlier this year, Markaz was named 'Best Asset Manager' and 'Best Local Investment Bank,' in recognition of its capabilities in executing complex transactions, offering strategic advisory services, and developing innovative, customized solutions for capital markets that meet the dynamic requirements of clients across the region. Mr. Basel Al Habib, Senior Analyst, MENA Equities at Markaz, accepted the accolades on behalf a separate recognition, Euromoney named Markaz the 'Best Securities House in Kuwait,' affirming its leadership amid an increasingly competitive and fast-evolving financial services landscape, reflecting its ability to respond to market shifts with agility and Markaz was recently recognized at the MENA Banking Excellence Awards 2025 for its outstanding contributions to the investment and asset management sector. The company received awards for 'Excellence in Investment Advisory in MENA' and 'Excellence in Real Estate Investment in MENA'. The ceremony was held in Dubai last week and representing Markaz at the event were Mr. Abdulrazzaq T. Razooqi, Senior Vice President, Head of Advisory and M&A, and Mr. Khaled Al Mubaraki, Senior Vice President, MENA Real on the achievement, Mr. Ali H. Khalil, CEO of Markaz, said: 'These awards underscore the strength of our institutional capabilities and the trust we have cultivated by consistently delivering effective, high-quality investment solutions. They reaffirm our steadfast focus on precision, innovation, and agility, and our enduring commitment to supporting clients and stakeholders, while contributing to the sustainable developmentof the financial sector.' With a track record spanning over five decades, Markaz has consistently established itself as a pioneer in the development of investment strategies and financial products that address the evolving needs of institutional and individual investors. These latest accolades raise Markaz's cumulative industry awards to more than 90 distinctions, spanning across key areas such as asset management, investment banking, wealth advisory, research, sustainability, and digital innovation.
Daily Tribune
13-03-2025
- Business
- Daily Tribune
Ahli United Bank named Best Islamic Bank in Bahrain 2024 by EMEA Finance
Ahli United Bank has been named the Best Islamic Bank in Bahrain 2024 by EMEA Finance in its prestigious 17th annual Middle East Banking Awards. This recognition comes as a testament to AUB's successful transition to Islamic banking and its commitment to providing exceptional Shariah-compliant financial services. The award acknowledges AUB's outstanding performance, innovative product offerings, and dedication to meeting the evolving needs of its customers in the Islamic banking sector. This accolade follows AUB's successful conversion from conventional to Islamic banking in 2023. Ahmed AlKharji, Group CEO of Ahli United Bank, expressed his delight at receiving this prestigious award: 'We are honoured to be recognised as the Best Islamic Bank in Bahrain by EMEA Finance. This award is a testament to our team's hard work and dedication in successfully converting to Islamic Bank and delivering exceptional Shariah-compliant products and services to our valued customers. It reinforces our position as a leading financial institution in the region and our commitment to Islamic finance principles.'
