Apr 23 2011 |
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Investcorp's Board of Directors Meets in Manama
Bahrain, 23 April, 2011 - Investcorp , the global provider and manager of alternative investment products held its Board of Directors Meeting in Manama this week (19th and 20th April). Members of the Board, who travelled from the Kingdom of Saudi Arabia, Kuwait, Qatar, United Arab Emirates and Oman, met Investcorp 's senior management and business heads who operate out of Manama, London and New York.Nemir A. Kirdar, Investcorp 's Executive Chairman & CEO, said: "Bahrain is Investcorp 's birthplace. We are proud to have had strong connections and deep-rooted relationships with Bahrain since our inception in 1982, and we are honoured to hold our Board of Directors meetings in this country that is a financial centre for the Gulf.
"We are confident that Bahrain has the firm foundations, as well as the spirit, and vision, to continue to perform its leading regional role as a business hub. Bahrain has historically provided us with the base from which we act as a bridge for Gulf investors to investment opportunities in the West. This would not have been possible without the support of the leadership of the country: His Royal Majesty King Hamad Bin Issa Al Khalifa, His Royal Highness Prime Minister Prince Khalifa Bin Salman Al Khalifa and His Royal Highness the Crown Prince Salman Bin Hamad Al Khalifa."
Mohammed Al Shroogi, Head of
Investcorp
's Gulf Business, said: "We are very happy, once again, to welcome our Board members to Bahrain and to brief them on the performance of the firm, which recorded $56.2 million of profits in the first half of the fiscal year 2011. Our Gulf base in Bahrain offers us a strong platform from which to maintain our relationships with our client base across the Gulf and we look forward to strengthening those ties and continuing to offer our unique investment services to our investors."
Abdul-Rahman S. Al-Ateeqi, Chairman, Kuwait
Abdul Aziz J. Kanoo, Vice Chairman, Eastern Province, Saudi Arabia
Nemir A. Kirdar, Executive Chairman & Chief Executive Officer, Bahrain
Sheikh Mohammed bin Isa Al-Khalifa, Bahrain
Abdullah Mohamed Alireza, Jeddah, Saudi Arabia
Mohammed Bin Mafoodh Bin Saad Al Ardhi, Oman
Mustafa Jassim Boodai, Kuwait
Hussain Ibrahim Al-Fardan, Qatar
Majid Saif Al Ghurair, Dubai, UAE
Abdullah Mohammed Mazrui, Abu Dhabi, UAE
Farouk Yousuf Khalil Almoayyed, Bahrain
Jassim Bin Abdulaziz Al Thani, Qatar
Abdul Rahman Ali Al-Turki, Eastern Province, Saudi Arabia
Khalid Rashid Al Zayani, Bahrain
-Ends-
About Investcorp
Investcorp is a leading provider and manager of alternative investment products. It has offices in Kingdom of Bahrain, New York and London and is listed on the Bahrain Bourse (INVCORP). Investcorp has three business areas: corporate investment, real estate investment and hedge funds. As at December 31, 2010, Investcorp had $12.2 billion in assets under management. Further information is available at www.investcorp.com
Media Contacts:
Investcorp
(Bahrain)
Firas El Amine
+973 39987838
Brunswick Gulf Ltd
Jeehan Balfaqaih
+ 971 6270 446 4
© Press Release 2011
© Copyright Zawya. All Rights Reserved.
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