Markaz Honours Grand Prix of Kuwait 2021 Winner of 2nd Round Yousef Al-Abdulrazzaq

Press release
Published November 28th, 2021 - 05:19 GMT
Markaz Honours Grand Prix of Kuwait 2021 Winner of 2nd Round Yousef Al-Abdulrazzaq
During the event
Highlights
Kuwait Financial Centre “Markaz” honoured Yousef Al-Abdulrazzaq in celebration of his outstanding performance in the 2021 Aquabike World Championship Grand Prix of Kuwait.

Kuwait Financial Centre “Markaz” honoured Yousef Al-Abdulrazzaq in celebration of his outstanding performance in the 2021 Aquabike World Championship Grand Prix of Kuwait. Mr. Abdullatif W. Al-Nusif, Managing Director, Wealth Management & Business Development at Markaz, presented an honouring trophy to the Kuwaiti jet ski champion in appreciation of his accomplishment. Markaz supported Al-Abdulrazzaq’s participation in the championship as the ‘Gold Sponsor’ in furtherance of its commitment to developing and promoting local talent and supporting sports and healthy lifestyles.

Al-Abdulrazzaq won the Grand Prix of Kuwait in the Aquabike World Championship 2021 held at Marina Crescent in Kuwait City from 11-13 November. Al-Abdulrazzaq has won 1st place in all 3 Motos recording total points of 75 from the 3 Motos. He was also crowned the World Champion title at the UIM-ABP Aquabike Grand Prix of Kuwait in February 2020, the first international competition of its kind to be held in the country. 

Mr. Al-Nusif said: “We congratulate Yousef Al-Abdulrazzaq and are proud that he won the 2021 Grand Prix of Kuwait after showcasing a thrilling and stunning performance in the Aquabike World Championship, competing with many international champions. It is gratifying that Markaz’s support as the Gold Sponsor of the Kuwaiti jet ski champion contributed to this shining achievement, which we hope will serve as a source of inspiration to all Kuwaiti talents to excel in different fields, and to promote sports in Kuwait.” 

With the aim of creating a sustainable impact on the communities it serves, Markaz has developed a comprehensive corporate social responsibility strategy. The strategy is founded on three pillars, namely, building human capacity, aligning our business environment with the principles of sustainable development, and promoting good governance in the business environment. 

As part of its CSR efforts, Markaz has collaborated with several governmental and private sector organizations and entities such as Kuwait Red Crescent Society, Kuwait Association for the Care of Children in Hospitals, LOYAC and AC Milan Soccer Academy to launch an array of community and economic development initiatives. 

Background Information

Kuwait Financial Centre “Markaz”

Established in 1974, Kuwait Financial Centre K.P.S.C “Markaz” is one of the leading asset management and investment banking institutions in the MENA region with total assets under management of over KD 1.03 billion as of 30 September 2020 (USD 3.33 billion). Markaz was listed on the Boursa Kuwait in 1997.

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