Message from the Chairman

Al Manal

Chairman's Message

 

Years of dedicated and relentless efforts have lifted Al Manal International Investment Co. W.L.L to enviable heights, both in its diversified portfolios of investments and in its vast clientele. Today, Al Manal International Investment Co. W.L.L assets are well diversified across 21 countries, 18 sectors and wide spectrum of assets classes including private equities, real estate and fixed income. When we founded Al Manal International Investment Co. W.L.L, our vision was to create a pioneer financial and investment services group covering the entire Middle East and the world at large, backed with strong partners and a world class team of experienced financial professionals, offering the finest services in investment solutions, securities brokerage, asset management and financial research/advice. In 2010, Al Manal International Investment Co. W.L.L went through a major organizational and capital restructuring that positioned Al Manal International Investment Co. W.L.L firmly in the investment sector.

In 2010, the company raised its capital by BHD 1.5 million shares through the distribution of bonus shares to the shareholders by (1/2) half a share for every (10) ten shares owned. Therefore, the capital of the company is currently equivalent to BHD 315 million distributed among 31.5 million shares. The aim of Al Manal International Investment Co. W.L.L Company is to invest its funds in different types of investment options according to the proper commercial and economic basis to achieve profits for the shareholders and to contribute in the economic, commercial and social growth of the entire MENA region. I would like also to point out that the Board of Directors have already adopted the investment strategy of the company that focused essentially on different areas of investment such as investment in real estate, renewable energy, agriculture, mining, biotechnology, technolgy, hospitality, oil and gas, acquiring strategic shares in selective under performing companies for re-structuring or buying them outrightly. Our broad strategy also includes planning to enter small and medium-sized industries and contributing to their capitals.

The company's management is keen not to engage in any transaction prior to assessing the involved risks thoroughly and rely on economic feasibility studies to ensure achieving the desired goals to protect the company from any financial losses as a result of lack of adequate assessment for those investments. Al Manal International Investment Co. W.L.L Company is managed by Board members, all of whom are having experience and good reputation, in addition to highly experienced and competent Chief Executive Officer and specialized skilled staff . The Board of Directors while forming various committees took into consideration the standards of corporate governance. However, the corporate governance report was already presented to the shareholders for the year 2018.

Finally, on behalf of myself and the Board of Directors, I would like to extend my thanks and gratitude to all our clients and partners for their trust in us and also to all those who contributed in supporting and realizing the objectives of the company.

H.E Sheik Al Manal Khalil Ebrahim Qambar
Chief Executive Officer & Managing Director
Al Manal International Investment Co. W.L.L