AREF Energy: Vision Targets the Middle East
The vision for AREF Energy is to become the leading energy holding in the Middle East.
List of all articles filed under “kuwait-sectors” category.
The vision for AREF Energy is to become the leading energy holding in the Middle East.
The investment environment for oil and gas sector in Kuwait is to remain uncertain. Walid Al-Hashash, Chairman of AREF Energy Holding Company, talks about the successes and difficulties of investing into Kuwait’s oil and gas sector.
Kuwait’s oil and gas sector is one of the hardest to enter. Nonetheless, there are numerous ways for small and medium enterprises in the oil and gas services sector to capitalize on the opportunities in the sector. The companies can either enter into a JV, they can use an agency or service contract. Walid Al-Hashash, Chairman of AREF Energy explains, how the small and medium enterprises can enter Kuwait.
The following article will rank oil companies in Kuwait. Our oil companies in Kuwait list includes the largest and the best oil companies in Kuwait. No.1 oil company in Kuwait is traditionally Kuwait Petroleum Corporation, followed by its subsidiaries, NOC and KNPC. Introduction into the sector to better understand the context of the topoil companies in Kuwait.
The production of Kuwait Oil Company (KOC) has reached 3 million barrels per day through upgrading their logistics and production capacity.
Kuwait was on the forefront of exploration of renewable energy: mostly solar energy in the 70’s.
According to Walid Al-Hashash, Chairman of AREF Energy the main problem for the development of renewable energy in Kuwait is conventional energy subsidies.
Interview with Eduardo Eguren, Chief Executive Officer of Burgan Bank. Burgan Bank is optimistic about the outlook for the banking sector in Kuwait in 2012; there will be growth in the sector but only a moderate. Kuwaiti banks have been affected by the crisis and they are slowly getting back on the old tracks. An example of this could be Burgan Bank which reduced its cost of credit by 72% last year.
Interview with Tarek Sultan, Chairman & Managing Director of Agility.
Agility is a global logistics player with platforms in 120 countries, including the emerging markets. Particularly the Kuwaiti platform is very important to Agility because of the country`s proximity to Iraq. Thanks to its location, Kuwait is going to be a great place to do business in the close future, according to Mr. Sultan.
Interview with Dr. Winfred Thompson, President of American University of Kuwait (AUK). Dr. Winfred Thompson is giving a brief overview of the education system in Kuwait and the biggest challenges for the education in Kuwait. As a representative of higher education in Kuwait, the American University of Kuwait (AUK) offers liberal arts education in Kuwait.
Aside from its scientific educational mandate, Kuwait Scientific Center is a favourite location for corporate venues, events & conferences. Mijbil Mutawa, Kuwait Scientific Center’s Chairman, talks about KSC as a great place for corporate venues & events.