Unveiling Lebanese leaders: Meet Lebanons entries in Forbes Middle Easts Top 30 Asset Managers 2024 list

Unveiling Lebanese leaders: Meet Lebanons entries in Forbes Middle Easts Top 30 Asset Managers 2024 list

As usual, Lebanon was also present. The country was featured with two entries, including Ali H. Khalil and Husayn Shahrur.

So, who are they?

Ali H. Khalil

- Designation: CEO

- Company Name: Kuwait Financial Centre (Markaz) Forbes Middle East recently published the Middle East's Top 30 Asset Managers 2024 list, featuring asset managers from Saudi Arabia who dominated the list with 14 entries, followed by Kuwait with five entries, and the UAE with four.As usual, Lebanon was also present. The country was featured with two entries, including Ali H. Khalil and Husayn Shahrur.So, who are they?- Designation: CEO- Company Name: Kuwait Financial Centre (Markaz)

"In 2023, Markaz reported total assets under management of $3.94 billion. It also recorded revenues of $85.5 million in 2023, a 40 percent increase compared to 2022 due to an increase in the sale of international and GCC real estate investments," said Forbes Middle East.

"In October 2023, Markaz extended its partnership with Gulf Bank, which serves as its selling agent for investment funds worldwide," it added.

Husayn Shahrur

- Designation: CEO

- Company Name: ABK Capital Ali H. Khalil joined Markaz in 1989 as the president of Mar-Gulf Management, a Los Angeles-based subsidiary. He