Kuwait’s Industrial Development 2012: Kuwait’s Industry Is Facing Many Problems
Main problems for Kuwait’s industrial development is the difficult access to land and gas, red tape and long procedures to issue licenses.
Doing Business in Kuwait
There are numerous ways to enter Kuwaiti market. KFIB is one of the options. The foreign investors can enter into a JV with a local partner, they can follow a standard procedure with the ministry of industry, choose an opportunity with the offset program or participate in a PPP.
Kuwait’s FDI: Amount of Kuwait Foreign Direct Investments
According to a report by NBK Capital, “basic level of FDI over the last decade—a mere $313 million a year on average—is by far the lowest in the GCC (GCC average is $44 billion per annum) and among the lowest in the wider MENA region.” Full report click here.
KAMCO: Investment Strategy for 2012
The strategy is to focus on KAMCO’s core business lines such as asset management and investment banking and at the same time capitalize on the rising growth opportunities in the GCC and China. Sadoun A. Ali, Chief Executive Officer of KAMCO, admits that “those 2 areas (China and the GCC) show healthy growth and KAMCO is looking for ways and products to tap into those markets.”
Corporate Bond Market in Kuwait: Signs of Recovery
The investment banks, asset managers and investment companies in Kuwait have been hit by the 2008 global financial crisis.
Investment Banking and Asset Management in Kuwait: Focus on Core Business
The investment banks, asset managers and investment companies in Kuwait have been hit by the 2008 global financial crisis.
Kuwait: Capital Markets Outlook 2012
Sadoun A. Ali, Chief Executive of KAMCO, a leading asset manager and investment banking company sees capital markets in Kuwait to remain stable in 2012.
Kuwait’s Capital Markets Authority: Overview and Expectations
Recent feature of Kuwait Financial Markets is the adoption of Capital Markets Authority. According to KAMCO research “the Capital Market Authority in Kuwait created through a bill approved by the Kuwaiti parliament in February 2010 is on the right track but will require time to implement the laws and regulations that aim at regulating securities activities in a fair, competitive and transparent manner, protecting investors and implementing a policy of full disclosure so as to promote justice and transparency and to prevent conflicts of interest and the exploitation of insider information. The CMA Kuwait will bring more transparency and oversight to Kuwait Stock Exchange that in turn will boost confidence among foreign and institutional investors.”
Insider Trading in Kuwait: “Insider Trading Practices Not Widespread”
Often the companies listed on the KSE have are implicated in a convoluted, opaque ownership schemes and many argue that there has been many cases of insider trading. Due to the size, Sadoun A. Ali, Chief Executive of KAMCO, a leading asset manager and investment banking company dismisses that widespread insider trading practices exist but admits that there are speculators in the market acting and trading upon rumors.
AREF Energy Investment Strategy
Walid Al-Hashash exposes the investment strategy of one of the leading energy holding company in Kuwait. AREF energy is investing in niche oil & gas services sector technologies and companies, predominately in the MENA region.