Euromoney Award 2025

Euromoney Names NIC ‘Best in Succession Planning’ in Kuwait for 2025

This prestigious recognition marks a significant milestone and underscores NIC’s commitment to setting new benchmarks of excellence.

AlMuthana Al Maktoum:

Proud to receive such an award recognizing NIC’s leadership in developing the private wealth management sector.
NIC is keen on offering creative investment solutions that match our clients’ ambitions, maintain their trust, and affirm our leadership position in the market.
The international recognition highlights our operative strategies in developing innovative financial solutions designed by a proficient team.

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In line with its leading position among key local and regional investment companies, National Investments Company (NIC) has won the ‘Best in Succession Planning in Kuwait for 2025′ award by Euromoney, a global leader in financial valuations. For the third consecutive year, the award was part of Euromoney’s Excellence Awards at the Private Banking Awards held in London.

This award is an exceptional addition to NIC’s record of achievements. It affirms its regional leadership in the financial sector. It highlights its position as one of the leading companies in strategic financial planning, which provides investment services and opportunities that meet customers’ aspirations. The Euromoney Awards are among the most prominent international awards within the field, consolidating customer confidence in the company and enhancing its position to innovate sustainable solutions and mechanisms for wealth management towards a new benchmark for excellence.

Clear Vision

Mr. AlMuthana Al Maktoum, Managing Director, Wealth Management Sector, said: “We are proud to receive this prestigious award from Euromoney International. It reflects the culmination of the company’s tireless efforts in developing the private banking sector in Kuwait. We are keen to provide innovative investment solutions that keep pace with customers’ aspirations and enhance their confidence. This recognition has enhanced the company’s competitive edge and reinforced the strength of its financial position.”

Al Maktoum emphasized that this prestigious international recognition reflects the effectiveness of NIC’s operational strategies and expertise in developing innovative financial solutions. Driven by a skilled team, these efforts have created high-quality investment opportunities, reinforcing the company’s commitment to leading the transformation of both the local and regional financial scenery.

“The National Investments Company has consistently delivered diversified and unique investment solutions, adhering to the highest international standards in wealth management. The company has attracted diverse portfolio investors driven by its commitment to excellence. Through an innovative suite of investment services tailored to meet investor needs, NIC balances cutting-edge solutions and uncompromising quality standards. This approach enhances investment diversification and fosters sustainable partnerships that align with the aspirations of both local and regional markets,” added Al Maktoum.

Consecutive Achievements

Al Maktoum stressed that the Euromoney award aligns with other recent achievements, including winning two leading awards during the past year within the financial services sector: ‘Kuwait’s Best for Family Office Services’ and ‘Kuwait’s Best for Next-Gen for 2024.’

He explained that these successive awards are not just an international recognition of NIC’s excellence in performance but rather tangible evidence of its compelling strategy in providing specialized solutions that meet the needs of family businesses and young generations by utilizing innovative tools that reflect a deep understanding of the transformations of the local and regional market.

These achievements also highlight the company’s pivotal role in enhancing investor confidence and raising the efficiency of the local financial sector to keep pace with international standards. This, in turn, supports Kuwait’s vision of becoming a leading hub for smart investments across generations.

Al Maktoum pointed out that NIC is proud of its role in supporting Kuwait’s investment sector by providing integrated and innovative investment solutions to its clients. Over the years, the company has adopted fruitful investment strategies in wealth management, strengthening its position as one of the largest investment companies in the region in terms of the volume of assets under management.

He also stated that these awards reflect NIC’s commitment to providing the best services to future generations within the wealth management field and shed light on the distinguished relationships it has with its clients, and long-term partnerships based on trust and professionalism in wealth management, providing integrated investment products and financial plans that help clients achieve their various financial goals.

To conclude, Al Muthanna Al Maktoum concluded his statement by saying that NIC has a record of successes and distinguished financial results while stressing NIC’s commitment to developing innovative solutions in wealth management. Thus, NIC consolidates its position as a reliable investment partner capable of meeting customers’ aspirations and achieving sustainable returns in accordance with the highest international standards.

NIC is one of the most influential investment companies both locally and regionally. With a paid-up capital of approximately KD 80 million, it is a leading force among Kuwait’s most prominent companies. The company plays a pivotal role across multiple local, GCC, and international sectors. NIC is also distinguished by its broad and diverse shareholder base, which includes elite Kuwaiti institutions and high-net-worth individuals. This is further supported by a proven track record of exceptional achievements, demonstrating its unwavering commitment to delivering top-tier investment services to shareholders and valued clients.

Global Trust

Euromoney International praised NIC’s strategic vision. NIC designs innovative investment tools that ensure a smooth transition of assets between generations through customized solutions based on an accurate analysis of each family member’s needs, from the founder to future generations. To handle this, NIC focuses on three main pillars: protecting assets and enhancing their long-term value, securing the interests of decision-makers and shareholders by aligning their obligations to the family business, and adhering to local and international tax legislation through a flexible organizational structure.

These pillars are not limited to reducing operational risks but also monitor the transformation of family businesses into sustainable entities capable of preserving their economic legacy and keeping pace with the transformations of the global business environment, which enhances the confidence of new generations and ensures the continuity of growth in an advanced financial system.

Euromoney is one of the most prominent and well-known brands in the banking and financial services industry. It provides unique insights into the institutions and personalities shaping the banking sector and transforming global markets. Financial institutions and banks worldwide use the expertise of Euromoney’s team of researchers, analysts, and journalists to assess their performance against their peers and prove their superiority to their customers. It bases its nominations and selections on comprehensive studies that evaluate quantitative and qualitative factors, such as key performance indicators and financial ratios, innovation and new services, industry insiders, reports, and research. These awards are granted to distinguished entities with significant achievements and results, who have created added value in their sectors and contributed to raising the level of service provided through their innovative products and services. Euromoney Awards and Rankings for Excellence Programs have lasted over 50 years, attracting thousands of entries from international financial institutions.