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Wednesday 25th, November 2009 -- 02:13 GMT
GIC poised to expand GCC market activities
Posted: 21-05-2007 , 06:46 GMT

Gulf Investment CorporationGulf Investment Corporation (GIC), a leading financial institution catering to the needs of regional investors, is entering a new phase of market development initiatives with the active participation at this year’s 2nd Qatar Economic Forum in Doha.

 

“This forum is a perfect vehicle for investors looking for alternative investment opportunities in the GCC and our experienced team is ready to meet with public and private sector representatives to discuss investment opportunities not only in Qatar but the wider Gulf,” said Malek Al-Ajeel, Senior Vice President and Head of Business Development at GIC. “We are delighted at the opportunity to relate our recent success stories – from the Al Ezzel power plant deal worth US $ 500 million, to the latest iron oxide pellet production plant deal in Bahrain worth over US $ 500 million, to the recent launch of Istimlak, the Synthetic REIT-like (Real Estate Investment Trust) investment vehicle. All are strong indicators of GIC’s multi faceted approach to providing top of the range investment services optimized for the GCC market.”

 

GIC has committed to the Platinum sponsorship of this event following the success of the first forum held in April 2006. With more than 1000 anticipated high-caliber attendees and participant from around the Gulf region as well as other international visitors, this event is poised to maximize the networking potential for GIC.

 

“GIC has firm plans to develop the GCC market opportunities using a new dynamic market approach within the coming period,” Al-Ajeel added. “Members from our Principal Investing and Corporate Finance and Advisory teams plus our Global Asset Management teams will be present to offer more insight into GIC’s attractive value proposition to a large yet targeted client base.”

 

Al-Ajeel continued, “Such events are important to facilitate informal meeting opportunities with potential clients and business partners. They also provide invaluable communication channels for market feedback which we are keen to utilize to ensure our future offering remains competitive as much as it answers our clients’ needs.”


 

© 2007 Al Bawaba (www.albawaba.com)

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