News

23 September 2018

KAMCO becomes largest shareholder in Global

KAMCO Investment Company has officially completed the purchase of 69.5% stake in Global Investment House, thus becoming the largest shareholder in the company.

This is in line with the plan to create one of the largest, strongest, and a more efficient player in the regional investment services sector namely asset management, investment banking and brokerage.

 

Furthermore, Faisal Sarkhou, Khaled Fouad, Mohammad Al-Hubail and Mazen Hawwa replaced the four directors on the board representing NCH Ventures. The board of directors met and named Faisal Sarkhou as Chairman and Khaled Fouad as Vice Chairman.

 

To access the announcement by KAMCO, click here

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