List of all articles filed under “kuwait-topics” category.
“Our strength is in food manufacturing and distribution. We are very focused on our own brands and on our third-party partners. That business continued to perform extremely well for us. In a scenario where most of our competitors were in decline, we continued to grow,” says Garry Walsh, CEO of Mezzan Holding.
“Over the last ten years, there has been a big drive in Kuwait to consume food out of home. People have moved from the traditional nuclear family, or the Kuwaiti version, and eating in the house to eating out of the home. That has actually changed in the last year,” says Garry Walsh, CEO of Mezzan Holding.
“KAPICO Group is a holding family group between two families. The Al-Ghannam family started with my father along with his two brothers, Ahmed and Yusuf. In 1950, they bought a small shop for used spare parts,” says Ahmed A. Al-Ghannam, Chairman of KAPICO Group Holding.
“Al-Yousifi was established in 1955 by my father. He took the agency of National, which is now Panasonic. We have especially grown after the 1991 liberation. Until 1994 or 1995, we were number one in electronics in Kuwait. We were only concentrating on Panasonic at that time, because the deal between us and Japan was to not have other brands in our showroom,” says Adel Easa Al-Yousifi, Senior Vice Chairman and Managing Director of Al-Yousifi Group.
“For now, there is a good amount of potential. Government contracts are the cornerstone of all catering companies that deal in Kuwait and want to generate large amounts of revenue. Government contracts now and what we have seen over the past several decades are quite consistent in terms of catering,” says Badder Al-Ghanim, CEO (Board Member) of Alghanim Catering (Al-Awama Group).
“Bon Group is the company which owns Chocolate Bar. Chocolate Bar is a café that serves all kinds of chocolate drinks and chocolate desserts. Everything is made fresh every day. It came out of a passion of mine and of my partner’s; we are both females and we both love chocolate! Who doesn’t love chocolate?!,” says Nouf Almutawa, Founder of Chocolate Bar (Bon Group).
“The majority of our tourists are from the GCC countries. Our top market is Saudi Arabia, followed by Qatar, UAE, Bahrain, and Oman. Tourists from these countries are mainly families coming to Kuwait to visit friends and family,” says Faisal Al-Duraie, Director of Research & Tourism Information at the Ministry of Information – Tourism Sector.
“We are participating in many sectors, such as construction, roads, oil, bridges, and infrastructure. We participate in any projects announced through the CTC. The value of the projects varies for each sector. The sectors with the greatest value are roads and bridges, followed by the oil sector, construction, building, and lastly, other divisions,” says Dr. Nabeel Abdul Haleem Ali, Consultant to Chairman for Shareholders Affairs at Combined Group.
“The Index is a relative comparison of different countries based on objective matrices and indices. With respect to Kuwait, when comparing the country to much larger markets like China and India, Kuwait is at a disadvantage given that it is a smaller market. Larger economies will have more interest as logistics destinations,” says Tarek Sultan, Vice Chairman and CEO of Agility.
“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).
