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    Saturday,August 30,2014

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  • Market Indices
    Price: 9900
    Open: 990High: 1000
    Low: 990Close: 990
    Volume: 1,197,215
    • Summary
      StatusIndexChange %Volume
      Market Closed6446.80 210,548,808
    • Top Gainers

      Company Chg. % Cur. Price
      ISKAN10.6426
      TAIBA7.1475
      AQAR6.2585
      HAYATCOMM6.2585
      EDU6.02176
      KSHC5.8827
      CBK5.88720
      FUTUREKID5.66112
      AJWAN5.2660
      ALMUDON4.6091
    • Top Losers
      Company Chg. % Cur. Price
      HUMANSOFT-22.73425
      GFC-4.4864
      UPAC-4.05710
      BOUBYAN.3-3.20504.870026
      QURAINHLD-3.1730.50
      MARIN-2.94132
      KPPC-2.7870
      SENERGY-2.5039
      MENA-2.1346
      CGC-2.06950
    • By Volume
      Company Volume Price
      GFH`R20,663,91842.50
      ISKAN`R17,829,35426
      ALMAL`R12,481,05048
      GPI`R9,230,789108
      KSHC`R8,566,25527
      COAST`R7,744,39368
      ALMUDON`R7,492,41491
      AAYAN`R6,925,63383
      MUBARRAD`R6,121,78085
      ALDEERA`R5,999,85128.50
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Offshore Services

PROTECTING ASSETS WITHOUT RESTRICTING GROWTH

A spread of international holdings is a proven method of reducing risk in today's world of financial, political and economic uncertainty. The ownership structure of these holdings, however, is often as important as their intrinsic value - especially in times of political upheaval or the untimely death of a family leader.

Having a carefully structured offshore trust or personal investment holding company is an effective way of protecting assets without restricting growth. NBK Private Banking in London and Kuwait are able to assist in the structuring of investment holding companies in offshore centers like Jersey, which are economically and politically stable with a sophisticated financial infrastructure that includes international banks, accounting firms and lawyers.

OFFSHORE TRUSTS

The major advantage of offshore trusts is that there are no tax implications on income, capital gains or inheritance tax. As a result, such trusts can offer major savings through effective tax planning. Trusts established with any of our companies are totally confidential.

These benefits are available because of the legal nature of trusts. A trust is established by a written agreement in which an investor appoints a trustee to manage certain assets in the best interests of one or more named beneficiaries. A written Trust Agreement in effect formulates a flexible long-term financial plan detailing:

  • How the assets are to be managed.
  • When distribution of assets will be made.
  • Who will receive these assets.
  • When and under what circumstances such agreement will be ended.
PERSONAL INVESTMENT HOLDING COMPANIES

A well-structured offshore personal holding company can be used to manage assets and income to reduce or eliminate offshore and capital gains taxation. Such a company is subject to either no or minimal local taxes in most offshore locations.

As an incorporated entity, a personal holding company can invest in stocks, term deposits, Eurobonds, Real Estate or any other opportunity with total confidentiality.

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