Total revenue for the year stood at KWD18mn (2022: KWD24.5mn), while revenues from fees and commissions stood at KWD14.7mn, representing 81.6% of total revenue. The Company’s performance was impacted by the economic and geopolitical challenges, high interest rates, slower business environment, and market performance.

Despite the challenges, the Company successfully raised over USD2.1bn for several products and transactions and grew its assets under management by 7.8% to reach USD14.9bn as of 31 December 2023.