Global Investment House - Kuwait

• Performance
• Statistics
• Profile
• Financials
• News
• In Depth
• Disclosures
• Press Releases

Recent Press Releases

• Global introduces new Account Statement to its clients2 August 2009

  Global Investment House (Global) announced today that a new Account Statement will be introduced to its clients at the beginning of August 2009.

• Global acts as the Financial Advisor for Zain deal with Paltel30 June 2009

  Global Investment House (Global) announced today that it has acted as the Financial Advisor to Zain Group in a share-swap deal between Zain and Palestinian Telecommunications Company Plc (Paltel), which resulted in Zain owning an equity shareholding of 56.53% in Paltel in exchange for Paltel owning 100% of Zain Jordan.

• Global Opportunistic Fund II returns USD15.3 million back to the investors3 June 2009

  The Private Equity Funds group of Global Investment House announced today that Global Opportunistic Fund II "GOFII" is declaring a distribution of USD15.3 million, primarily derived from a combination of gains from divestment as well as dividends from portfolio companies.

• Global reflects positive performance for its Saudi Equity Funds24 May 2009

  Global Investment House- Saudia (Global) announced today that its equity funds, Global Saudi Equity Fund and Global Sharia Compliant Equity Fund (Al-Noor), have recorded competitive returns since their inception.

• Global Investment House appoints new partner for its Private Equity Funds Business in Egypt5 May 2009

  Global Investment House announced today the appointment of Mr. Mohamed Abdelsalam to head its private equity funds business in Egypt.

• Global announces second distribution of dividends to its clients investing in the Global MENA Ijarah Real Estate Fund19 April 2009

  Global Investment House "Global" announced today that Global Mena Ijarah Real Estate Fund has made a cash distribution of 8% to its investors.

• Palestine dedicated fund ranked as the top performing fund according to Zawya for the second month31 March 2009

  Global Investment House (Global) announced today that the Palestine Dedicated Fund was ranked as the top performing fund in the MENA region for the second month in a row according to Zawya, a leading financial data provider in the region.
  

• Global distributes cash to its clients investing in the hedge fund HFIC II29 March 2009

  Global Investment House (Global) announced today that following the announcement of cash distribution from the Zenith fund in the previous month, HFIC II a hedge fund which was introduced by Global to regional investors made a special distribution of cash to its investors during this period when liquidity is of extreme importance.

• Global Local and Global Al-Ma’amoun Funds are the best performing funds among their peers17 March 2009

  Global Investment House (Global) announced today that two of its managed funds, the Global Local Fund and the Global Al-Ma’amoun Fund, have outperformed respective indices and peers in the Kuwaiti market for the first two months of 2009.

• Global Asia Real Estate Fund acquires 17 percent stake in Refico25 February 2009

  Global Investment House (Global) announced today that the Global Asia Real Estate Fund, an Asia focused real estate investment fund managed by Global acquired a 17 percent stake in RC Real Estate Development and Finance Corporation (Refico) in Vietnam which will be disbursed in tranches.

• Global receives “Best Islamic Fund Manager Award”21 January 2009

  Global Investment House (Global) announced today that it has received the “Best Islamic Fund Manager” award at the “Islamic Business and Finance Awards 2008” hosted by CPI Financial in Dubai.

• Global awarded “Best Islamic Real Estate Fund Manager in the Middle East17 January 2009

  Global announced today that it has been awarded "Best Islamic Real Estate Fund Manager" at the "International Real Estate Finance Summit 2008" hosted by ICG in London.

• Global Private Equity Funds Group acquires controlling stake in Jassim Transport & Stevedoring Company, Kuwait12 January 2009

  The Private Equity Funds Group (“Global Private Equity Funds Group”) of Global Investment House (“Global”) announced today the acquisition of a controlling stake in Jassim Transport & Stevedoring Company ("JTC" or "the Company").

• Global appoints Commercial Bank of Kuwait as its advisor to its funding needs14 December 2008

  In a joint press statement released by Global Investment House KSC (c) and Commercial Bank of Kuwait KSC, it was announced that in these times of acute worldwide financial crisis, Global has taken pro-active steps to manage its funding and liquidity needs by appointing Commercial Bank of Kuwait as its advisor to renegotiate the terms of existing credit facilities falling due on and after the 15th of December 2008.

• Global receives positive cash inflows of KWD 43.6 million after selling its BBK share5 December 2008

  Global Investment House (Global) announced today that it has sold its 14.7 percent share in the Bank of Bahrain and Kuwait (BBK), a retail bank incorporated in the Kingdom of Bahrain. Global sold 119 million shares at a price of Bahraini Dinars 0.5 per share (USD1.3 per share).

• Global is the golden sponsor of the National Union of Kuwaiti Students conference in the United States3 December 2008

  Mr. Bader Al-Sumait, Executive Vice-President at Global affirmed in a speech given at the 25th annual conference of the National Union of Kuwaiti Students- United States branch (NUKS-US) conference that Global’s participation comes as part of its corporate social responsibility and its keenness on performing its social role in parallel with its financial activities.

• Global-Jordan is the lead manager and financial advisor for Rum Tourist Transport Company24 November 2008

  Global Investment House – Jordan (Global – Jordan) announced the signing of a mandate with Rum Tourist Transport Co. (Rum), one of the leading tourist transportation companies in Jordan, to establish a charter airline company specialized in covering short haul destinations throughout Europe and the MENA region.

• Global is the Golden Sponsor of the 25th annual conference of the National Union of Kuwaiti Students – United States Branch19 November 2008

  Global Investment House (Global) announced its sponsorship of the 25th annual conference of the National Union of Kuwaiti Students - United States branch (NUKS-US) conference which will be held from November 27th to 30th, 2008 in Washington D.C. under the patronage of His Highness the Crown Prince Sheikh Nawaf Al-Ahmed Al-Jaber Al-Sabah.

• Global holds its Second Annual Private Equity Meeting in the United Kingdom17 November 2008

  Attended by a large number of investors.

• National International Holding Company debuts on Dubai Financial Market27 October 2008

  Dubai Financial Market (DFM) today announced the listing of National International Holding Company (NIH), incorporated in Kuwait.

• Global Capital Management Limited comments on the impact of the US led economic crisis on the GCC economies20 October 2008

  Global Capital Management Limited, Private Equity Group of the Kuwait based asset management company, Global Investment House (Global PE), commented today on the impact of the US led economic crisis on the GCC economies.

• Global Investment House acquires minority stake in MAPE Advisory Group Limited in India19 October 2008

  Global Investment House (Global) announced today that it has concluded the acquisition of 11.11 percent of MAPE Advisory Group Limited (MAPE), one of India’s leading investment banks.

• Global Investment House wins “Best Real Estate Research House in Kuwait for 2008” by the Euromoney Liquid Real Estate Awards15 October 2008

  Global Investment House (Global) announced today that it has won the Liquid Real Estate Award for “Best Real Estate Research House in Kuwait” organized by the renowned business magazine, Euromoney.

• Global Investment House announces partnership with Kaizen Developments for AED 715 million Palm Jebel Ali project7 October 2008

  Global Investment House (Global) announced today that it has partnered with Kaizen Developments to develop Equinox Residences on Crescent A of Palm Jebel Ali in Dubai, UAE.

• The GCC real estate fund will be announcing the return of capital5 October 2008

  Global Investment House “Global” announced today that the GCC real Estate Fund (the “Fund”) is intending to return approximately 60 percent of the Fund’s capital by mid-October of this year from its three projects.