Company Profile:

 

Al Zumorroda (Emerald) Investment for Asset Management  Company Z-INVEST is a newly established investment closed partnership Company with a start up capital of KD 20 million (USD 70 million).  Z-INVEST is the "crown jewel" of its parent Company Al  Zumorrodah Holding Company.

 

In partnership with its major shareholders; Al Zumorrodah Holding Company, Gulf Bank, KAMCO, United Medical Services, and the Al-Babtain Group Z-INVEST is established to achieve superior returns by:

 

-         Carrying out investments in local, regional, and international markets.

-         Provide portfolio and fund management services.

-         Provide private placement services.

-         Act as Lead Managers and arranges for equity issues.

-         Act as intermediary for investment in financial securities.

-         Direct investment in own account for clients.

-         Promote, manage, and market investment funds focusing on equities and real estate.

Our Objectives:

 

-         To serve Our Partners and Shareholders by growing their wealth.

-         To preserve wealth through well balance and secured investment products.

-         Alliance with preserved wealth investment houses.

-         Conduct our business with strong values of honesty, integrity, and professionalism.

-         Construct and monitor asset allocation

Investment Philosophy:

 

Focus on inventor's satisfaction:

Our philosophy recognizes the risks surrounding the investment environment, and the factors affecting markets in the investment cycle.   Z-INVEST is focused on meeting investors financial expectations through a diversified portfolio of international equities, and to achieve over the long-term asset growth in excess of the Company's benchmark and dividend growth. 

 

Z-INVEST is committed to fostering highest level of performance to best serve the interest of clients.  Services provided are to be of the optimal quality implemented by a talented team, guided by the principles that when they fulfill their responsibility to clients, the Company's interest is best served. 

 

 

 

 

Strategy:

-         To pursue a flexible and practical investment solutions.

-         To focus on fundamental value and employ a disciplined investment approach.

-         To invest in well-managed companies in established stock markets around the globe.

-         To enhance performance in booming markets by discreet use of funds.

-         To provide simple, cost-effective and attractive investment products for investors.

-         To provide strategic advice with risk management expertise.

Investment and Management Structure:

Z-INVEST's distinctive investment structure is focus on exceeding clients' satisfaction.  This aspiration is supported by a professional organization built on the principles of ethical business behavior, and an optimal management structure to realize client's objectives while ensuring efficiency of operations.  Requirement for specialized teams with expertise in corporate advisory, financial services, fund and portfolio management are recognized.  Support to the overall investment process is provided through strategy, risk assessment, and implementation of the Corporate Governance providing a working system for principled goal setting, effective decision making, and appropriate monitoring of compliance and performance.

Our Shareholders:

Al  Zumorrodah Holding Company was established, under the directive of one of Kuwait's more prominent business men Mr. Mahmoud Haji Haider, in February 2002.  In late 2003, the Holding Company experienced substantial growth generating strong performance, and an expanding asset portfolio through international and local investments in diversified business sectors including real estate, telecommunications, health, oil and gas, and finance,  to name a few.

 

Al Zumorrodah Holding Company involvement in the oil and gas sector is considerable in both its invested capital and management role in key Board positions of prominent Kuwait Share Holding Companies i.e. Kuwait First Fuel Company (Al-Oula), and Al Qurain Petrochemical Industries Company (QPIC).  Kuwait’s First Fuel Marketing Company (Al-Oula) is the first Company granted a license for privatization of gas stations in Kuwait with a start up capital of KD 30 million.  Rights under the license are broad including operation, buying and selling of petroleum and non-petroleum products, and construction/development of new service stations. Mr. Mahdi Haider, son of Mr. Mahmood Haider, is the elected Vice Chairman of this Company.  QPIC is a petrochemical Company that manufactures all kinds of chemical and petrochemical materials and derivatives with a capital of KD 110 million.  The Company’s Board is chaired by Shiekh Mubarak Abdullah Al Mubarak Al Sabah with representation on the Board from Zumorrodah Holding Company. 

 

Al Zumorrodah Holding Company success in forging strategic relationships with leading businesses in Kuwait and the Middle East elicited the assembly of high-ranking and a leading group of Z-INVEST shareholders.  Prominent investors include Gulf Bank (Kuwait), KAMCO, United Medical Services, and the Al Babtain Group.

 

 

 

 

Gulf Bank (Kuwait) is one of the top rated banks in the region with an "A" rating from Capital Intelligence, one of the top emerging market ratings agencies in the world and strong ratings from the world's top international rating agencies, namely:  "A" (Fitch), "A2"(Moody's) and 'BBB+ (Standard & Poor's).  Gulf Bank is distinguished by providing superior customers service both in retail and corporate banking, and recognized for its impressive profitability resulting from continuous growth and market leadership in all areas of its business.

 

KAMCO established in 1998 is a member of Kuwait Projects Company holding group (KIPCO), which is among the largest holding companies in the Middle East with leading local and international position in the operations of companies in the financial, telecommunications, insurance, real estate, health, and entrainment sectors to name a few.  KAMCO headquartered in Kuwait is a leading asset management and financial services company distinguished in the Middle East, and from its competitors by a focus on customer service, and innovation in asset management and financial services.

 

United Medical Services (UMS) is a closed Kuwaiti shareholding company established in 2001 with total assets of USD 300 million. UMS is a joint venture of Al-Zumorrodah Holding Company and Kuwait Project Company (KIPCO).  In its mission of providing excellence in heath care locally and regionally UMS provides a variety of heath care services through its subsidiaries and associates including dental, medical, laboratory, pharmaceutical, medical technologies and equipment, support services to healthcare sector, consultancy and technical support, and emergency related health services.

 

Al-Babtain Group of Companies was established in 1958 with commercial activities locally and regionally in the field of electronics, food and consumer goods, real estate, entertainment, and education.  The electronics company is noted for being the sole distributor of many international brands including CASIO, and the representative of LG in Kuwait.  

 

Z-INVEST Board of Directors and Management:

The General assembly of the Company was convened on 1st May 2005, and the Board of Directors has been formed as follows:

 

Board of Directors

Al Zumorroda Investment for Asset Management Company Z-INVEST

 

Chairman

 

Mr. Mahmoud H. Haider

Owner, Al Zumorrodah Holding Co.

Vice Chairman

 

Dr. Yousef A. Al-Awadi KBE

Chief Executive Officer, Gulf Bank

Board Members

 

Dr. Maytham M. Haider

Chairman, United Medical Services (UMS)

 

Mr. Ahmad Dehdary

Chairman and Managing Director, Al Seef  Holding Company

 

Mr. Ali H. Al Hajri

Parliament Member