U Capital exec addresses MEA cement conference

MUSCAT: U Capital Head of Research, Hettish Karmani (pictured), gave a presentation on the GCC Cement Sector at the Middle East & Africa 2018 Cement Conference (Cemtech), which was held in Dubai recently.

Karmani has been addressing this prestigious annual conference, currently in its 13th year, since 2010. He spoke about the ever changing and challenging Gulf Cooperation Council cement sector and its outlook for the upcoming years.

Hettish Karmani has been associated with U Capital since the beginning of its operations. U Capital started operations after acquiring Oman Arab Bank’s Investment Management Group (IMG) business.

With Assets under Management and Custody of over $1.2 billion, U-Capital is ranked amongst the top Asset Managers in Oman. Its corporate finance department has raised over $6.6 billion via IPOs, rights issues, private placements, collecting bank services and M&A, while its brokerage is ranked number one in terms of market share as of 2017.