List of all articles filed under “kuwait-sectors” category.
“At the beginning of 2016, the management predicted that it would be a tough year. We knew it would be very difficult for us to achieve our targets. Our budget would have to be conservative. We have been watching the figures every month and every quarter, as well as the developments in the sector. 2016 was a very good year for us,” says Elham Mahfouz, CEO of Commercial Bank of Kuwait (CBK).
“We were the pioneer in contracting, specifically in oil and gas. Over time, we have lost our place as one of the leaders in this area. Our vision now is to regain that position,” says Jamal N. Al-Houti, Board Member & CEO of HOT Engineering Co.
“We have talented people in our structure that can lead and manage the business. Plus, we are specialized in certain services which we pioneered. We maintain that advantage. We also have our Parent company supporting us. This is a strength that perhaps other companies do not have. We have experience from being heavily involved in oil and gas and the oil sector,” says Jamal N. Al-Houti, Board Member & CEO of HOT Engineering Co.
“We have a strategy to become different than others by acquiring new specialized services which support our business and strength in oil and gas. In 2015, HOT Engineering Co. set a new strategy to achieve sustainability and continuity in this field,” says Nawaf A. Al Sharhan, GM – Business Development & Tendering of HOT Engineering Co.
“In the construction and contracting field in Kuwait, the oil and gas sector is our biggest area. Currently, in terms of construction, we are working on a new refinery project that is supervised by Kuwait Integrated Petrochemical Industries Co. (a subsidiary of Kuwait Petroleum Corporation) and Gathering Centers Number 30 and 31 by Kuwait Oil Company (KOC). The total cost of these projects is around 10 billion KD,” says Nawaf A. Al Sharhan, GM – Business Development & Tendering of HOT Engineering Co.
Kuwait Finance and Investment Company (KFIC), a well-established asset manager in Kuwait, announced its recognition for Bhavani Joshi for attaining the Certified Internal Auditor (CIA) certification from The Global Institute of Internal Auditors.
“Although I have been familiar with the institution for almost seven years, I did just arrive, so I am focusing on listening to ideas that people have and responding to suggestions that people are making,” says Dr. Earl (Tim) Sullivan, President of the American University of Kuwait (AUK)
“For many years, higher education here was dominated by Kuwait University, which is a large public institution. Only a few years ago, it was decided to add options for private universities that would offer different kinds of programs. The approach to education in Kuwait has generally been one with aim at the job market,” says Dr. Earl (Tim) Sullivan, President of the American University of Kuwait (AUK)
“In our sector, the investment sector, and through being a specialized, client-driven, asset management investment bank, our focus is on building and continuing to maintain our strong leadership position,” says Faisal Sarkhou, Chief Executive Officer of KAMCO.
“It is amazing when you go to an area and you build a dam, even if it is a small dam, the area will change because some dams according to the design will not only provide water for irrigation and drinking water but will provide electricity to the country,” says Abdulwahab Al-Bader, Director General of Kuwait Fund for Arab Economic Development.
