KFIC Announces a New Collaboration with Midas Furniture

Kuwait
12 April 2017

Kuwait Finance and Investment Company (KFIC), a well-established asset manager in Kuwait, announced its that its financing services sector (Tamwilia) signed an agreement of cooperation with Midas furniture for the needs of Midas’ clients for home furniture.

In this occasion, Ahmed Maher, Executive Director at KFIC, stated: “We are happy for signing this agreement that comes as a step in implementing Tamwilia’s plan to serve wider segments of the Kuwaiti finance services market and serve their needs with more ease and seamlessness.” Maher added that this step to expand in the market comes after the success Tamwilia has witnessed in financing automobiles and marine equipment since its inception as one of the pioneers in the financing services market. Maher then clarified that Tawmilia will continue to expand in order to meet the needs of its clients with rapid and user friendly systems with the efficiency it has long been known for.

From her side, Deborah Abu El Jibien, Regional Retail Manager at Midas Furniture, voiced her happiness for the signing of the agreement, where she stated that this will facilitate the decision-making process for Midas’ customers through the credibility that KFIC enjoys in the financing services market. Abu El Jibien clarified that “this cooperation empowers both Midas and KFIC in order to serve their respective clients in a better manner and eventually speeds up the process of furnishing a new home or refurnishing a current one for the customer.” Abu El Jibien hopes that the cooperation between Midas and KFIC will continue to grow in other areas in the future.

It is noteworthy that KFIC offers financing services through the Tamwilia sector that includes the financing of automobiles and marine equipment in addition to furniture, health services, and real estate financing. Tamwilia serves its clients through receiving all their questions and concerns on the hotline 1889000.

About Kuwait Finance and Investment Company (KFIC):
Interview with Tareq Mishari Al Bahar, KFIC’s Board Member & CEO of KFIC: Kuwait Finance and Investment Company (KFIC), a Well-Established Asset Manager in Kuwait

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