Kuwait Industry - MarcoPolis

Most of the business is done in partnership with Kuwaitis. We have a law here that requires that for a business to be established here, it must have a 51% Kuwaiti partnership. But now there is a new department in the Ministry of Finance, the Foreign Investment Department. Under this, if a foreign direct investor wants to set up a new business, say to produce ethylene, or cement etc., they can own up to 100% stake in it.

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MENA Holding: Ontrack with one of the Largest Real Estate Projects in Egypt

May 5, 2015

MENA Holding was established in 1991. Currently, it has a capital of 66 million Kuwaiti Dinar. We have a diverse portfolio, which includes real estate development, contracting, family entertainment, industrial sector, logistics, agriculture and fisheries. Recently, we expanded into the area of food and beverage sector.

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QPIC Kuwait Increased Net Profit by 67% in Q1-3 of FY2014/2015

February 11, 2015

Qurain Petrochemical Industries announces 67% net profit increase for first three quarters of FY2014/2015 Consolidated operational income up 491% in Q3

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Kuwait’s Industrial Development 2012: Kuwait’s Industry Is Facing Many Problems

April 18, 2012

Main problems for Kuwait’s industrial development is the difficult access to land and gas, red tape and long procedures to issue licenses.

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Investment in Kuwait | Kuwait’s Foreign Direct Investment (FDI)

April 10, 2012

Interview with Sheikh Dr. Meshaal Jaber Al Ahmed Al Sabah, Chairman of Kuwait Foreign Investment Bureau (KFIB). Investors think of Kuwait as a hope for their projects, as an emerging market much like Iraq and Iran.

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Kuwait Industrial Policy 2012: New Laws, Diversification & Investments

April 5, 2012

Interview with Dr. Amani Khalid Bouresli, Former Minister of Commerce and Industry. Kuwait is totally dependent on oil revenue. One of the major objectives of the development plan is to diversify the economy and with the Kuwait industrial authority, the new standards are set in a way to encourage more new industries, not only chemicals.

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Industrial Companies in Kuwait | List of Top 10 Industry Companies

February 12, 2012

The list will inlude the list of major non-petrochemical industrial companies in Kuwait. The industry in Kuwait is dominated by the petrochemical industry (for the list of petrochemical industry companies follow the link).

According to NBK Capital the industrial sector’s share of Kuwait’s total GDP remains small, at under 10%. The break up of the sector is (Refining industry 27%, Construction Industry 21%, Manufacturing Industry 22% and Chemicals 10%)

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Kuwait Top Holding Companies and Kuwait Top Diversified Conglomerates

April 6, 2010

According to Capital Standards,”Kuwait has the largest number of holding companies listed on the local stock exchange amongst the GCC stock exchanges. This can be mainly attributed to the size of the KSE (largest in terms of listed companies) and the prominence of the investment activities in Kuwait. At the end of October 2011, the number of Kuwaiti holding companies increased to 40, in comparison to 38 listed companies at the end of September 2009.”