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Jadwa Investment Awarded "Best Gulf Countries Fund", "Best Gulf Countries Islamic Fund" and 'Best Arab Fund' for 2010

Riyadh, 5^th April, 2011- Jadwa Investment , a leading Saudi investment bank, has won the "Best Gulf Countries Fund", "Best Gulf Countries Islamic Fund" and "Best Arab Fund"' Awards for 2010 at the Gulf Lipper Fund Awards 2011 held recently in Dubai.

Lipper in collaboration with Thomson Reuters has over 35 years of collective fund industry experience and a reputation for providing unbiased, high quality institutional information. They provide global fund information and analysis in over 61 countries, covering over 117,000 funds. The Lipper Fund Awards program honors funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers.

In 2010, Jadwa 's GCC Equity Fund delivered returns of 19.76%, outperforming its peers. Jadwa 's Arab Markets Equity Fund had performance of 19.35%.

This recognition follows a series of achievements by Jadwa as it marks the fourth time that Jadwa 's GCC Equity Fund has been honored and the second time for the Arab Markets Equity Fund. Additionally, Jadwa was recently awarded an MQ2 Management of Financial Investments rating from Moody's, which is the second highest global rating used by Moody's for investment managers. This rating was the first of its kind to be awarded in the Middle East. The total assets managed by Jadwa Investment currently stand at SR 7.7 billion.

Managing Director and CEO of Jadwa Investment , Ahmed Al-Khateeb said, "Our strategy from day one was to be a value-added window for any investors seeking exposure to our region's fast growing economies. We are pleased to be recognized by Lipper, which is a leader in assessing the performance of mutual funds across the globe. These awards confirm what our many happy clients already know - that we strive to consistently deliver superior risk-adjusted returns." Al-Khateeb added that this series of successes wouldn't be possible without the significant investments Jadwa has made in hiring the right talent, building the right systems and processes, and having a supportive culture of innovation and excellence. "And most importantly, we have to thank our clients for their trust and support, for without them none of this would be possible."

Fadi Tabbara, Head of Asset & Wealth Management and Chief Investment Officer of Jadwa Investment commented, "The results achieved are evidence of the distinct capabilities of Jadwa 's world-class asset management team, as well as the distinguished level of efficiency integral to the active investment strategy adopted by Jadwa Investment 's management." He also expressed his confidence in a number of investment opportunities which arose during the current market conditions and have created distinct opportunities with lucrative potential. He confirmed that Jadwa is carefully assessing these opportunities to determine the best among them in order to offer them to their investors and take part in the anticipated high returns.

-Ends-

About Jadwa Investment
Founded in 2006, Jadwa Investment is a leading Saudi investment bank with paid up capital of SR 568,490,000. Jadwa is licensed by the Capital Markets Authority (CMA) to offer the full range of investment services, and is active in asset management, investment banking, brokerage and research. All investment services offered by Jadwa Investment are fully Shariah-compliant.

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E-mail: zaid.binaquil@hotmail.com

© Press Release 2011