Interviews

imported 2024-03-17 17:43:07

Gulf Bank Kuwait New Strategy

Interview with Mr. Michel Accad, CEO of Gulf Bank
In December, Gulf Bank Kuwait had a meeting with the top fifty leaders at Gulf Bank and we decided on Gulf Bank’s strategic direction. Gulf Bank’s vision was to be a dominant player in the local, conventional banking market, focusing on retail and commercial banking.  At this stage, Gulf Bank is not particularly interested in Islamic finance, or direct investments, or brokerage.  The key thing that came up from that meeting was that for the next two years Gulf Bank will be in rebuilding mode and our strategy will revolve around four pillars.

Kuwait Leading Islamic Bank, Kuwait Finance House (KFH)

Interview with Mohammed Sulaiman Al-Omar, CEO of Kuwait Finance House (KFH). Kuwait Finance House is in green numbers and working within the markets.  If we as Kuwait Finance House look at Kuwait costs of funding, it came down from 6.5% to 3% which is almost 50% and if I was a bank and wanted to price my product I would need to look at the base rate, which has come down quite a huge percentage.  Thus, Kuwait Finance House is still in the green and are optimistic for the market in the banking sector.

Kuwait Investment, Global Investment House

Mrs. Maha Al Ghunaim, Chairperson and Managing Director of Global Investment House. Our main challenge is to reposition the Global Investment House brand. The weak macroeconomic environment impacted Global Investment House operations negatively and in 2008 Global Investment House recorded our first loss in the company’s history. We are now working to deleverage the company, while maintaining our clients’ trust.  Global Investment House has revised its strategy to focus on our asset management, investment banking and brokerage activities and enhance our products and services.

Chambre de Commerce Franco Arabe

Créée en 1970 sous forme d’association, la Chambre de Commerce Franco Arabe est une assemblée consulaire mixte et paritaire dont l’objet est de favoriser et de développer les relations commerciales et la coopération industrielle, financière, touristique et agricole entre les opérateurs économiques français et arabes.

Convention Europe Afrique du Nord

En mettant au cœur de ses éditions les enjeux euro–africains, la Convention Europe Afrique du Nord souligne le rôle positif que la région peut jouer dans les dynamiques économiques, sociales, et géo stratégiques qui agissent sous nos yeux. Etre acteur des relations Europe Afrique du Nord nécessite des ambitions nouvelles, une approche mentale que certains groupes économiques d’Afrique du Nord pionniers ont intégrée depuis plusieurs années.

Gulf Finance House Investment Bank in Bahrain

Gulf Finance House Investment Bank in Bahrain, Head of Private Equity at Gulf Finance House, Nabeel Kazerooni
We have a very good brand name, in the past we have been very good to our customers and have had fantastic results that, compared to other institutions, are far better.
Gulf Finance House Investment Bank in Bahrain, Head of Asset Management at Gulf Finance House, Alan Durrant
We don’t just want to put capital into companies in the west; we also want to bring know-how and technology to benefit the people of the region.

Zain Bahrain

Zain Bahrain, General Manager of Zain Bahrain, Mohammed Zainalabedin
Zain Bahrain has really achieved a lot in the last five years, Zain Bahrain launch was done in six months and the amount of coverage was nation wide coverage at that time for Zain Bahrain, going all the way to the launch of the first nation wide 3G coverage, and so on.

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