Middle East Kuwait Global Investment House Signs Enterprise Agreement with Microsoft...
Global Investment House Signs Enterprise Agreement with Microsoft Kuwait
Leading Investment Company expands its License acquisition to Microsoft Software and Solutions
Tuesday, August 05, 2008
Kuwait, Kuwait

Microsoft Kuwait today announced that Global Investment House has signed an Enterprise Licensing Agreement to use the latest Microsoft software products. The agreement was jointly signed by Ramez Dandan, Country Manager, Microsoft Kuwait, Bader Al-Sumait, Executive Vice President, Global Investment House and Ahmad Al Athary, CEO of Arabesque, Microsoft's certified partner.

The leading Kuwaiti investment firm will deploy genuine Microsoft software and be able to improve management performance with improved visibility into software purchasing and deployment across the enterprise.

By signing an Enterprise Agreement, Global is now able to centralize their software purchases in Kuwait, covering their headquarters as well as branches in Bahrain, UAE and Jordan. In addition, the agreement also gives Global access to valuable benefits such as volume pricing and the rights to the latest Microsoft software products; amortized payments over a three-year term; a fixed, annual price per desktop for enterprise products based on the initial number of desktops enrolled; and a centralized purchasing and IT standardization across the entire organization.

Ramez Dandan Country Manager, Microsoft Kuwait, said, "The Microsoft Enterprise Agreement gives Global Investment House access to the applications and tools they need to expand their technology environment as they grow, without incurring extra costs. Enterprise agreements are much more than licensing agreements - they give customers an assurance that they have the flexibility they need from their operating systems and they also help Microsoft build much closer relationships with our customers, which in turn helps us to offer more value to them."

The organization also gets Software Assurance benefits, including new version upgrades, Home Use Program, 24x7 phone and web support, Desktop Deployment Planning Services, technical training, Windows Vista Enterprise and Extended Hotfix Support along with Microsoft's consulting services to deliver guidance and designs matching Global's business requirements.

Hakam Abu-Zarour, Chief Information Officer at Global, "The agreement not only makes our software licensing more cost effective and easier to manage, but the extra benefits that Microsoft offers in terms of enhanced support and training help to make our staff much more productive when using Microsoft solutions. Global will be able to benefit from this partnership with Microsoft to expand geographically and develop our technology capabilities to provide an array of investment products and financial services which will attract customers."

Adding to that, Ahmad Al Athary, CEO, Arabesque said, "We are pleased to work with Global to address their technology requirements and drive additional value by increasing operational efficiency and flexibility. The new infrastructure will also provide desktop standardization and guaranteed access to Microsoft's latest technologies. This agreement builds on the long term and fruitful partnership that Arabesque has had with Microsoft.

The Microsoft Enterprise Agreement program enables organizations to improve workplace productivity by standardizing on your choice of Microsoft software for all desktops across the enterprise, which is available at discounted prices based on a three-year agreement term.

About Global Investment House

Global Investment House "Global" is a full-fledged investment company incorporated in 1998, and falls under the regulation of the Central Bank of Kuwait. Its underlying foundation is to meet the high expectations of local and international clients, and to enhance the investment service industry and the capital market in Kuwait and the region. Today, Global stock lists on the Kuwait, Bahrain, and Dubai Stock Exchanges. Global plays an important role in promoting investment opportunities in the MENA region to investors through expert financial engineering, in-depth research and reports to advance the capital market in the region. Global's achievements have been recognized on local, regional, and international levels. The company's current assets under management reached KD2.5 billion (USD 9.3 billion) by 31 March 2008.

For more information, please visit our website on www.globalinv.net

Founded in 1975, Microsoft (Nasdaq "MSFT") is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software - any time, any place and on any device.

Microsoft opened its Dubai-based Middle East office in 1991. Microsoft today has four subsidiaries in the Middle East region: Microsoft Gulf which oversees Microsoft activities in Kuwait, Bahrain, Qatar, the UAE, Oman and Yemen, Microsoft Arabia covering the Kingdom of Saudi Arabia, Microsoft Egypt and Microsoft North Africa East Mediterranean and Pakistan that oversees Algeria, Morocco, Tunisia, Libya, Jordan, Lebanon, Iraq, Afghanistan, Syria, Palestine Territories and Pakistan.

Microsoft Corporation's address on the World Wide Web is: www.microsoft.com
Microsoft Middle East's Web site is: www.microsoft.com/middleeast

Microsoft is a registered trademark of Microsoft Corp. in the United States and/or other countries
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