Kuwait: Investment Sector Outlook 2012 by Bayan Investment Company
Faisal Ali Al-Mutawa, Chairman and Managing Director of Bayan Investment Company, does not believe that the outlook for investment sector in Kuwait will improve in 2012-2013.
imported 2024-03-17 17:43:07
Faisal Ali Al-Mutawa, Chairman and Managing Director of Bayan Investment Company, does not believe that the outlook for investment sector in Kuwait will improve in 2012-2013.
Lebanon has a competitive advantage for an investment in 3 main areas: education, climate and well-established banking sector. According to IDAL, the key investment sectors include health care tourism sector, media sector, and ICT sector. The main risk when making an investment in Lebanon is the regional instability, says Mr. Itani of IDAL.
Discussion of real estate, tourism real estate in Lebanon, their partnership with InterContinental Hotels Group and potentials of Lebanon with the leader in the tourism real estate: SGHL. Mr. Salha sees an opportunity in the budget hotels though the Lebanese infrastructure is still not ready for mass tourism in Lebanon.
Lucas Izoton, President of Izoton Group
Lucas Izoton talks about investment opportunities in Espirito Santo, a state that has experienced growth at a rate of 12 to 13% last year, when Brazil grew 7.5%. Strategically located at the entrance of the entire Central Western region and also within a radius of 1,000 kms, Espirito Santo reaches 70% of its GDP and Brazilian consumers.
Manuel Arrey Oliver, President of Arrey Group
The President of Arrey Group, Manuel Arrey, explains what are some of the advantages of being based in Teresina (Piaui region). He talks about the history of the Group that started as a tanning company and that is now acting in the building sector, with a chain of hotels. He also mentions some investment opportunities for Brazilian and foreign investors.
Beirut Stock Exchange is welcoming the new financial market law, which was issued in August 2011. The law calls for an establishment of a financial markets’ authority which would regulate and control the stock exchange and will ensure greater transparency.
According to the independent rating agency, Capital Standards, “There are a total of 100 investment companies operating in Kuwait, with 54 operating within the confines of the Islamic Sharia provisions and the rest operating as conventional investment companies.”
The investment environment for oil and gas sector in Kuwait is to remain uncertain. Walid Al-Hashash, Chairman of AREF Energy Holding Company, talks about the successes and difficulties of investing into Kuwait’s oil and gas sector.
The vision for AREF Energy is to become the leading energy holding in the Middle East.
Kuwait’s oil and gas sector is one of the hardest to enter. Nonetheless, there are numerous ways for small and medium enterprises in the oil and gas services sector to capitalize on the opportunities in the sector. The companies can either enter into a JV, they can use an agency or service contract. Walid Al-Hashash, Chairman of AREF Energy explains, how the small and medium enterprises can enter Kuwait.