Allow me with a great pleasure to express my sincere thanks and
appreciation to our esteemed clients, shareholders, and company staff
who have positively contributed to the dynamic growth and development of
Lusail Investments S.P.C as it faces new challenges in the future.
Over the past years, the mission of Lusail Investments S.P.C was
and will always be to serve the needs of our clients by providing
financial products and services of the highest standard. We aim to
maintain steady growth and achieve a competitive position while
implementing the best technological applications. We also seek to
successfully execute strategic and innovative initiatives. Over the last
few months, the industry has witnessed a beating as the global financial
crisis negatively affected the worthiness of investment products. In
turn, this has led to a downturn of investment activity. Some of the
most reputable and established firms in the banking and investment
industry also have either merged or went out of business. However, Lusail Investments S.P.C, with its dynamic team of quality individuals,
will carry forward and tap into the collective strength of our team. We
will adapt accordingly to new realities in the market and economic
climate. Yet, our ambition is as passionate as ever and we will continue
to move ahead.
Our first task is to lay the groundwork to build
up our company with strong and capable individuals supported by state of
the art technology. The results of this effort led us to winning
approval from the Capital Market Authority in August 18, 2006 to begin
operations. The second step for us is to focus on our local market and
analyze it through the context of worldwide market and economic
volatility. We thank Allah for having a competent team in Lusail Investments S.P.C that is full of wisdom, intellect, and
dedicated to see us through the current situation. With the support of
our Capital Committee, we are absolutely committed to deliver the best
investment solutions fulfilled by individuals and institutions with a
history of strong performance team with successful track records.
In every aspect, the foundation of Lusail Investments S.P.C is
based on the principles of excellence and integrity. Our reputation will
grow so that it reflects our utmost performance and commitment to
clients. Lusail Investments S.P.C remains unyielding to actively
contribute to the economic growth and advancement of the Kingdom by
providing world-class investments, industry best practices, and the
soundest services and management performance.
Finally, I want to
take the opportunity to pledge that we will maintain and constantly
improve our standard of excellence. Together, we will make Lusail Investments S.P.C the pride of all of us.
Abdul Wahaab el-Mona
CEO/Chairman
Lusail Investments S.P.C