KAMCO’s 2015 strategy
Faisal M. Sarkhou, CEO of KAMCO talks about KAMCO’s 2015 strategy.
List of all articles filed under “kuwait-investment” category.
Faisal M. Sarkhou, CEO of KAMCO talks about KAMCO’s 2015 strategy.
Faisal M. Sarkhou, CEO of KAMCO talks about the effects of the introduction of CMA in 2011.
Faisal M. Sarkhou, CEO of KAMCO talks about investing in 2015, investing in Kuwait and other investment related subjects.
Fouad M.T. Alghanim, Chairman and CEO of Fouad Alghanim and Sons Group talks about the investment strategy of one of the largest conglomerates in Kuwait.
We are also one of the largest asset managers in the region; we manage over 3.5 billion KDs worth of assets under management (AUM).
Kuwait is an oil related economy, with the energy sector dominating the economy. Oil and oil related products constitute about 55 to 60% of Kuwait’s GDP. A sharp drop in oil prices, like a 40% drop, is going to affect the economy. The nominal GDP will get affected. Real GDP will depend on how OPEC reacts about 6 months down the line.
Investment companies in Kuwait have been waiting for the economic reform and privatization for long time.
Kuwaiti government owns almost all the oil and related services – production, distribution, refining, and marketing.
Faisal Ali Al-Mutawa, Chairman and Managing Director of Bayan Investment Company, does not believe that the outlook for investment sector in Kuwait will improve in 2012-2013.
The vision for AREF Energy is to become the leading energy holding in the Middle East.