Kuwait: Kuwait Financial Centre “Markaz” has organized a symposium titled “Education Sector: Trends and Opportunities” on Monday, 4th of November 2019 at Four Seasons Hotel. The symposium included a number of discussion panels with Markaz experts in the investment banking sector and a number of experts in the education sector regionally and globally, including its main players and different educational service providers in Kuwait. The conference was met with great success.

Mr. Manaf A. Alhajeri, Markaz CEO, has moderated the first panel on “Education Sector Overview”, along with Dr. Moudhi Al-Humoud, Former Minister of Education, Former Minister of Higher Education and Professor, Kuwait University, Mr. Chinmay Jhaveri, Principal in the Global Education Practice, L.E.K., Mr. Mohamad Hamade, CIO, Amanat and Mr. Badr Ward, Founder and CEO, Lamsa. The panel clarified that the education landscape has evolved over the years, yet each region of the world has its own dynamics. It discussed the global education landscape and its trends, the GCC education market, and the State of Kuwait’s education sector and what reforms would have to be taken.

The second panel, on “M&A Trends in Kuwait’s Education Sector”, was moderated by Mr. Abdulrazzaq T. Razooqi, AVP, Investment Banking, “Markaz”, along with a number of panelists including Mr. Nawaf Arhamah, CSFO, Boubyan Petrochemical, Ms. Lujain Al Wazzan, CEO & Board Member, Al Wazzan Educational and Mr. Ahmad Al-Falah, EVP, Alternative Investments, Al-Aman Investment. They highlighted that the education sector has received widespread interest from investors over the past few years, the M&A transactions that have taken place during that period, the main transactions and the sector’s main acquisition determinants. The panel also involved a discussion amongst active investors in the sector regarding the assets they have acquired, their strategy, and the challenges they have witnessed. Razooqi presented on M&A trends in Kuwait’s education sector and stated that 12 transactions were executed in 2017 and 2018.

Mr. Ali H. Khalil, Markaz COO, has moderated the third panel highlighting “A Selection of Investors in the Education Sector in Kuwait”, along with a number of family offices in Kuwait including Mr. Bader Musaed Al-Sayer, CEO, Al Dhow Holding, Mr. Meshari Ayman Boodai, Chairman, Gulf North Africa Holding Company, and Mr. Jameel Abdul Razzaq Al-Sane, Chairman and CEO, Abdul Razzaq Al-Sane & Sons Group. The speakers shed light on a number of family groups with interests in a range of different sectors and how they identified the education sector as an important part of their overall portfolios. This panel addressed the strategy shift in each of these family groups, how they view their investment in the sector, whether they would continue investing in it and the challenges in this sector.

Markaz symposium was moderated by Mr. Abdullatif W. Al-Nusif, EVP, Wealth Management and Business Development, Markaz. In this context, he said, “Markaz is keen on keeping its clients and potential investors ahead of the curve by holding such enlightening events to exchange expertise and share our business strategies and investment approaches with our clients. Collaborating with the right partners, this symposium brought regional and international experts to Kuwait to highlight the latest trends in the education sector, in order to provide an added value for our clients.”

-Ends-

About Kuwait Financial Centre “Markaz”

Established in 1974, Kuwait Financial Centre K.P.S.C “Markaz” is one of the leading asset management and investment banking institutions in the MENA region with total assets under management of over KD 1.10 billion as of 30 Sep 2019 (USD 3.60 billion). Markaz was listed on the Boursa Kuwait in 1997.

For further information, please contact:
Sondos Saad
Media & Communications Department
Kuwait Financial Centre K.P.S.C. "Markaz"
Tel: +965 2224 8000
Fax: +965 2246 7264
Email: ssaad@markaz.com    
www.markaz.com   

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.