List of all articles filed under “kuwait-capital-markets” category.
Interview with Sadoun A. Ali, Managing Director & CEO of KAMCO. Kuwait has to regain the trust of international investors. The capital markets need to be structured in a way that should abide by the most recent rules and regulations. The Capital Markets Authority is coming in very difficult times; it is late to be implemented after the crisis. The difficulty that they are facing is the time.
Interview with Faisal Ali Al-Mutawa, Chairman and Managing Director of Bayan Investment Company. Mr. Al-Mutawa offers his views on the Kuwait investment sector and the overall investment climate in Kuwait. Unfortunately, his comments are more negative than positive and so are the forecasts about the investment sector in Kuwait.
Interview with Suliman N. Al Qimlas, CEO Bayt Al Mal Investment. I believe 2010 will be a tough year globally and we will feel the pain from 2009. Kuwait and the Gulf economies are based on oil and if oil prices stay where they are (around $80 dollars per barrel) we will be in good shape that also means a good future for Islamic Investments in the Gulf. The next question is what will the government do with this money? We recently witnessed our economy shrink and 2010 is up to the moves made by the government and how they spend their money. If they circulate the money effectively we can expect some nice growth that will benefit Islamic Investments in the Gulf.
Kuwait Investment Climate, Bayan Investment Company, Chairman and Managing Director, Faisal Ali Al-Mutawa
We are living in a very difficult investment climate in Kuwait these days. Kuwait stock market is depressed and so are Kuwait investment companies stock prices. Over 90% of land in Kuwait is owned by Kuwait and this makes it difficult to start any projects because its too difficult to obtain and licensing is nearly impossible. With no real investment opportunities available in the private sector we hope with the new plan things will open up and Kuwait investment climate becomes better.
Interview with Sadoun A. Ali, CEO of KAMCO. KAMCO defines the financials in terms of short, medium, and long as it concerns the criteria of the asset. Each one has its own business plan and investment policy that KAMCO has carefully defined in each area and monitor closely such as asset management. Business is very important for KAMCO because a big portion of our revenue comes from surfaces. We are very attached to those companies and investment banking and asset management is very linked to the health of the economy.
KAMCO is one of the top 5 investment and asset management companies in Kuwait. CEO of KAMCO, Sadoun A. Ali, talks about KAMCO’s investment strategy and challenges. KAMCO is also a part of KIPCO – one of the largest diversified companies in Kuwait. (Their subsidiaries include companies such as Gulf Insurance, for example.)
Mrs. Maha Al Ghunaim, Chairperson and Managing Director of Global Investment House. Our main challenge is to reposition the Global Investment House brand. The weak macroeconomic environment impacted Global Investment House operations negatively and in 2008 Global Investment House recorded our first loss in the company’s history. We are now working to deleverage the company, while maintaining our clients’ trust. Global Investment House has revised its strategy to focus on our asset management, investment banking and brokerage activities and enhance our products and services.
