Al-Mukhaizeem: Move to Enhance Reach and Solidify Research Efforts
Kouli: Reuters, KFH Enjoy Long-standing Relationship for More than 20 years now
Kuwait - Kuwait Finance House (KFH) inked a partnership and collaboration agreement with Thomson Reuters, international business information services provider in an attempt to promote collaboration and enrich knowledge through publishing the reports and economic research prepared by KFH.
These reports cover real-estate trading and values, deposits in the banking sector, measures of inflation in addition to the latest local and global developments in the business and economic fields, primarily issues of concern to Islamic finance industry.
“This agreement is an important step forward in enhancing reach of reports and research studies created by KFH. Our collaboration with Reuters will contribute in serving a wide range of interested observers, thus will enhance the value of the reports and research through the impact factors and reactions reports”, said Group Chief Strategy Officer at KFH, Eng. Fahad Khaled Al-Mukhaizeem.
He indicated, on the sidelines of inking the agreement, that Thomson Reuters enjoys a prestigious status and reliability in the globe of information and media. It has a proven-track record of achievements in the fields of providing news and information driven by the highest standards of accuracy and speed.
Al-Mukhaizeem underlined the importance of reports and economic research and studies prepared by KFH, indicating they represent an added value the bank offers to the society. They contribute in providing the specialized and ordinary readers with accurate projections and indicators to assist them in making better decisions relying on facts and latest local economic developments along with the implications of the global circumstances. He added that collaborating with international high-profile institutions in the area of information will definitely offer an important wide-spread platform for KFH research productions.
Moreover, Al-Mukhaizeem reiterated that the agreement is an important opportunity to enhance KFH research and studies presence on the international level, especially that KFH research has achieved a privileged position on the local level, where they are published on KFH.com and on different media outlets. Such reports and research studies enrich the knowledge of investors and customers, while strengthening ties with them when providing them with the latest economic developments and special information about Islamic finance.
He illustrated that KFH now offers a new platform of its reports and research to readers and decision makers. This wouldn’t have been possible without the significant reliability of KFH reports and the long history of scientific and methodological work. For example, the real estate report published by KFH on a monthly and quarterly basis, which means that KFH obtains documented information and indicators on a large time scale that allows a greater chance to compare and interpret the developments and local market movement, while associating this with the impact of the international markets variables and the implications on different activities and businesses.
He said that KFH will reinforce collaboration with Thomson Reuters to enrich the knowledge and solidify the research efforts, while maximizing Reuters’ role as an international news provider especially in the light of the global interest in Kuwait’s economy. The agreement also includes training the employees and exchanging reports and information through establishing strong lines of communication between the two sides.
Meanwhile, Business Director at Thomson Reuters Abdulrazak Kouli said that this agreement would support the constructive cooperation with a high-profile and global institution like KFH, indicating Reuters and KFH enjoy a long-standing relationship for more than 20 years now. This relationship is deep rooted and encompass different fields.
He added that the agreement comes in line with Thomson Reuters’ strategy that aims at supporting banks and financial institutions in the region while strengthening the efficiency and accuracy of information and automated systems to ensure the optimal use of it.
Kuwait Finance House (KFH)
KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.
KFH manages its operations in the GCC, Asia, and Europe through over 480 branches, including KFH-Turkey, in order to offer services for the bank's clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Germany, Jordan, and Dubai.
KFH's mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH's vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.
KFH's values include cementing leadership through all its businesses, including leadership in the Islamic banking services worldwide, through innovation and in client service and the development of its employees. In addition, KFH is committed to all its procedures, and to setting up long-life partnerships with the concerned authorities.
For more information, please visit: www.kfh.com
© Press Release 2017
