List of all articles filed under “kuwait-retail-services” category.
“We started operations in 1992, and have been running for 25 years. We provide a combination of government contracts, private camps, and full life support for clients, which includes housing, laundry, catering, housekeeping, as well as occasional transportation.”
“Dahan is involved in interior fit out contracting. We execute many spaces such as restaurants, shops, boutiques, banks, and office spaces. We are purely executers and builders. We do not offer any kind of design services or business requirements for the retailers,” says Sameer Al Dahan, Managing Partner at Dahan General Trading & Contracting.
“Everywhere we used to see challenges that needed solutions, and for all the problems in the world, there are solutions. We wanted to start giving solutions to the people and to charge them for it.”
We are attracting bigger companies in the health sector which we can add to our portfolios so we can expand in the medical, laboratory and pharmaceutical industries as well. We have other branches in Baghdad, Iraq and Erbil where we are operating and we are hosting some agencies and attracting more businesses.
The retail market of Kuwait is really growing up right now. It has seen good growth and especially over the last 5 years we have seen tremendous changes. One of the biggest malls here is called The Avenues and has about 300 outlets.
Garry Walsh, CEO of Mezzan Holding believes that the family businesses in Kuwait are the first stage of becoming multinational companies.
Garry Walsh predicts that over the next 10 years Kuwaiti retail sector will grow by 8% a year.
Interview with Garry Walsh, CEO of Mezzan Holding. I think, the average retail growth was about 16%. You won’t find anywhere in Western Europe or America anything that would match such growth rate. I expect no less than 8% in the next ten years.
View the top Retail Companies in Kuwait. According to BMI Kuwait’s nominal GDP is predicted to be US$159.3bn in 2011, with 2010’s growth rate of 1.9% expected to increase to 3.4% as the economy continues its recovery. Average annual GDP growth of 3.9% is forecasted between 2011 and 2015. With the population estimated to rise from 2.9mn in 2011 to 3.2mn by the end of the forecast period, GDP per capita is predicted to grow 12.6% to US$61,283 by 2015. This development should have positive effect on the retail sector in Kuwait.
Interview with Khaled Hassan Abul. Abyat Megastore business looks very closely at Kuwait renovation and building materials market due to customer spending in Kuwait. Through salary increases and bonuses in government jobs in Kuwait that would mean more spending for building materials. Abyat Megastore also looks at Kuwait new sites where new housing developments are going to be built. There is a gap there still but this is really a major market for us in building materials. If there are new homes there is a need for new building materials, finishing materials, and furniture- this is where Abyat Megastore comes into play.
