sector: Financials ·
industry: Investment Services ·
As of
25 Nov 2009
91.00219
Global Investment House KSCC is a Kuwait-based company engaged in the provision of investment services in the Gulf Cooperation Council (GCC), and the Middle East and North Africa (MENA) region. The Company’s principle activities include Asset Management, which offers conventional investment funds, Islamic investment funds, alternative investment funds, and portfolio management services; Investment Banking offers equity capital markets and corporate advisory, and debt capital markets services; Real Estate division invests in a variety of commercial and residential properties and real estate development projects; Brokerage provides online and conventional trading and brokerage services across Kuwait and a range of the GCC and MENA-based stock exchanges; Principal Investments & Treasury undertakes co-investments in its managed funds, private equity and private investment in public equity and property trading, and Research, which publishes reports on the listed stocks in Kuwait.
BRIEF: For the nine months ended 30 September 2009, Global Investment House's total loss totaled KWD32.8M, vs. a revenue of KWD157.7M. Net loss totaled KWD104.2M, vs. a profit of KWD102.9M. Total loss reflect substantial losses in all operational segments. Net loss reflect losses realized in financial trading, share results from associates, investments properties as well as foreign exchange and increase in other operating expenses.
Global Investment House K.S.C.C.
P.O Box 28807 Safat
Abdullah Al-Mubarak Street
Souk Al-Safat Bldg, 2nd Floor
Kuwait 13149
P: +9652.2400551
F: +9652.2400661