Kuwait City, October 10, 2016

KAMCO Investment Company, a leading investment company with one of the largest AUMs in the region, has penned an MoU with The Business Year (TBY), an international publishing firm of annual economic reviews on over 25 emerging markets, to collaborate on The Business Year: Kuwait 2017. The MoU was signed in Kuwait City by Faisal Sarkhou, CEO of KAMCO, and TBYs Country Manager for Kuwait, Cristina Villegas.

In the agreement, KAMCOs Investment Research Division will support TBY in identifying the economic trends in key sectors in order to compile the most comprehensive English-language publication on the Kuwaiti economy. The Business Year: Kuwait 2017 will not only feature a special chapter on the countrys large-scale infrastructure projects under the five-year development plan (2015-2020), but will also focus on real estate developers in Kuwaits burgeoning retail segment. KAMCO will hence assist TBY in this endeavor through a collaboration in market research, analysis of industry trends, and opportunities for the international investment community.

Commenting on the signing of the MoU, Faisal Sarkhou, CEO of KAMCO, said: KAMCOs solid track record and years of market experience have played a key role in strengthening our thought leadership position in the investment arena. Our collaborative efforts with the TBY team will assist us in further demonstrating our extensive research and market analysis on the local economy. Our research team will contribute and highlight key aspects of the economy, specifically focusing on the banking sector and the overall capital market. We look forward to working more closely with TBY in the future with informative projects that not only benefit the private sector, but the Kuwaiti economy as a whole.

At the same time, Paul Loomis, TBYs Regional Director for GCC & Asia, highlighted KAMCOs pioneering investment research: KAMCO is not only one of the most established investment firms in the country, but its research division has from time to time highlighted key trends in the Kuwaiti and the regional economies. It aligns with TBYs mission to provide a well-rounded insight into the countrys investment climate through objective analysis. We are proud to partner up with KAMCO and to present the fruits of our collaboration in our upcoming second edition on the Kuwaiti economy.

The Business Year will conduct interviews with more than 150 business and political leaders to discuss major developments in all the key segments of the Kuwaiti economy, including infrastructure and construction, retail and real estate, finance, energy, ICT, agriculture, transport, industry, health and education, and tourism. While the publication is primarily comprised of interviews, The Business Year: Kuwait 2017 will additionally feature focus articles, highlighting specific developments, major projects, and challenges in each sector.

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About KAMCO
KAMCO Investment Company is a premier investment company based in Kuwait and is regulated by the Capital Markets Authority with one of the largest private sector AUMs in the region.

Established in 1998 and listed on the Kuwait Stock Exchange (KSE) in 2003, KAMCO is a subsidiary of United Gulf Bank (UGB).

It has become a leading regional company within its sector offering innovative products and services to its clients, holding over USD 11.2 billion of client AUM and has successfully completed 85 investment banking transactions worth over USD 12 billion as of 31 December 2015.

With almost two decades of experience in conducting business in Kuwaits dynamic investment industry, KAMCO has successfully established a robust reputation for solidity, characterized by its prudent, conservative investment philosophy and spirit of transparency, which has consistently commanded the goodwill of a wide patron-base.

The company will further aggressively build upon its core competencies to offer MENA-wide investment management consultancy and services, backed by its proven track record in stringent risk mitigation, investment product innovation, and a cautious investment approach towards local, regional and international capital markets.

For any additional information, please contact:
KAMCO Marketing Department
marketing@kamconline.com 
Tel: +965 185 26 26 Ext: 1360, 1337

About The Business Year:
The Business Year (TBY) is a leading research firm and publisher of annual economic resources on national economies. Present in over 25 countries, TBY provides first-hand access to the people and ideas shaping business and policy throughout the world. Each country-specific edition contains a comprehensive range of interviews and analysis, offering an inside look at doing business in the world's most dynamic economies. TBY's interviewees, readers, and partners comprise an international network of thought-leaders who are helping to define the future of the global economy.

For additional information, please contact:
David Sommer, Country Editor Kuwait: d.sommer@thebusinessyear.com
TBY Public Relations Department: conferences@thebusinessyear.com
More: www.thebusinessyear.com

Press Release 2016