imported 2024-03-17 17:43:06
Kuwait Economy, Kuwait minister of commerce and industry, His Excellency Ahmad Al-Haroun – Video Interview
There hasn’t been a better time to invest in Kuwait. As I have previously mentioned, Kuwait ranked 27th globally in the “Protecting Investors Index”(invest in Kuwait) that was issued by the World Bank, which is better than most OECD countries.
Interview with Mohammed Jassim Al Wazzan. Mezzan Holding see itself as playing a major role in industries. This is where as Mezzan Holding, we are looking and it is a very long term vision that will come about as a result of strong investments. Mezzan holding is looking for international partners. For example, in Bahrain we are looking into the napkin industry on the consumer end. Mezzan holding wants to grow our product lines into the industry and we would be willing to cooperate with major companies. We plan to stay in the GCC region in terms of our expansion because there is a lot of opportunity for growth.
Interview with Fahed Faisal Boodai, Gatehouse Bank. When we at Kuwait Global Securities House say cherry picking we look at this from two points. One, from the investor’s standpoint what does the investor and what are the clients needs in this market? For example, In 2002-2003 Kuwait Global Securities House invested heavily in GCC and Kuwait real estate but slowed down in 2004 – that is where the cherry picking comes in and where opportunities began to be handpicked. Most importantly real estate and investment are all about timing. In 2006-2007, Global Securities House started exiting some of these investments and I think that that was very smart because given the economic downturn we recently witnessed Global Securities House would have really been hurt.
The global fever for alternative energies has also hit the Gulf region and Bahrain industry. The iconic Bahrain World Trade Centre (BWTC) became the symbol for a carbon-rich region being in need to diversifying its energy sources and to make Bahrain industry green.
Baytik Industrial Oasis, Osama Al Khajah, Head of Industrial Projects at Kuwait Finance House and Chairman of Baytik Industrial Oasis
We would like Baytik Industrial Oasis to become a leader in Bahrain industrial parks and infrastructure development and also in three to five years it will be the largest specialized developer in the region of Bahrain industrial and economic zones.
Bahrain Logistics Zone (BLZ) Leading Logistics Zone in Upper Persian Gulf, Assistant to Director General at Bahrain Logistics Zone (BLZ), Hamad Fakhro
Bahrain Logistics Zone (BLZ) does have the right mix, local companies and regional companies, as well as international companies. Bahrain Logistics Zone (BLZ) with regard to the criteria.
Bahrain Aluminium GARMCO, CEO of GARMCO, Dr. Adel Hamad A. Rahman Hamad
For GARMCO, Bahrain Aluminium is a small market and GARMCO has to think globally. When GARMCO was set up initially there was no trade in the GCC so you can see how we have developed throughout the years. The other issue is that they produce a very high quality product whereas other mills buy it from smelters that do a lot of recycling which reduces purity. Bahrain Aluminium – GARMCO also is owned by the government of Bahrain and the GCC so Bahrain has a 38% stake in Bahrain Aluminium – GARMCO and 75% in ALBA; therefore, there is a mutual interest in trade for the benefit of the shareholders
Bahrain Chamber of Commerce & Industry (BCCI), Deputy CEO, Yousif Ahmed Al Mahdi
I am a true believer in the role of Bahrain Chamber of Commerce & Industry – BCCI. Not only in Bahrain; in any country it is so crucial to have a representative for the private sector. Bahrain Chamber of Commerce & Industry – BCCI.
Bahrain Aluminium – ALBA, Former CEO, Ahmed Al Noaimi
It is with much pride that I like to say that Aluminium Bahrain – ALBA is the largest modern smelter in the world. While there are other smelters that are bigger than Aluminium Bahrain – ALBA but as far as environmental and safety standards are concerned, Aluminium Bahrain – ALBA is second to none. On safety, Aluminium Bahrain – ALBA numbers speak for themselves. Aluminium Bahrain – ALBA is the only smelter that has reached 9.2 million hours without lost time incidents despite the extremely strict methods Aluminium Bahrain – ALBA uses in counting them. Any absence of one shift of 8 hours is considered to be a loss of time incident while other smelters regard three shifts to be the barometer.
General Manager – Near & Middle East of LegrandPeople are looking for more commerce, more comfort, more security, more energy saving, in India for instance we found out in a study that there are 300 million people able to buy Le Grand products. Imagine 300 million people out of 1.1 billion, this is huge for us and is a great opportunity for us.
