Kuwait - MarcoPolis

Kuwait Leading Developers, United Real Estate Company, Director of Corp. Communications, Haidar Zankawi
United Real Estate is Kuwait leading developer, our strategy is to expand locally and in the MENA region. If you consider United Real Estate as the real estate arm for the KIPCO group then you can see that we have a lot of opportunities to be involved in their projects and developments. Internationally, United real estate is a major player in Jordan and the Abdul Ali Mall project. We also have many investments in Egypt, specifically in Cairo and Sharm El Sheikh where we are working development and and building a large resort area.

Kuwait Retail & Services Kuwait Retail Interviews

Kuwait Retail: Kuwait Building Materials

April 1, 2010

Interview with Khaled Hassan Abul. Abyat Megastore business looks very closely at Kuwait renovation and building materials market due to customer spending in Kuwait. Through salary increases and bonuses in government jobs in Kuwait that would mean more spending for building materials. Abyat Megastore also looks at Kuwait new sites where new housing developments are going to be built. There is a gap there still but this is really a major market for us in building materials. If there are new homes there is a need for new building materials, finishing materials, and furniture- this is where Abyat Megastore comes into play.

Kuwait Telecom & IT Kuwait Telecom Interviews

Kuwait Mobile Operator VIVA

April 1, 2010

Interview with Najeeb Al Awadi. If you look at the demography of Kuwait it is unique and this affects the telecom and mobile market in Kuwait. There are locals and expats and this allows us to diversify our services as Kuwait new mobile operator. Our data services, for example, are unique because VIVA have come up with different data packages that VIVA, Kuwait new Mobile Operator offers. n the end this will benefit both the telecom market in Kuwait and the telecom customer in Kuwait.

Kuwait Aviation Interviews Kuwait Logistics & Transport

Aircraft Leasing in the Gulf

April 1, 2010

Interview with Ahmed A. Al Zabin, CEO of ALAFCO. Within Kuwait and the Gulf, ALAFCO is trying to promote leasing as a good method of purchase and show the advantages of leasing aircraft. Leasing in Kuwait and the Gulf has reached 40-50% and this shows how acceptable leasing is becoming compared to the 10-15% it used to be a few years ago in the Gulf. The general public awareness in Kuwait and in the Gulf about leasing is increasing and people are beginning to understand ALAFCO and how ALAFCO operates.

Kuwait Capital Markets Kuwait Investment Kuwait Investment Interviews

Islamic Investments in the Gulf

April 1, 2010

Interview with Suliman N. Al Qimlas, CEO Bayt Al Mal Investment. I believe 2010 will be a tough year globally and we will feel the pain from 2009. Kuwait and the Gulf economies are based on oil and if oil prices stay where they are (around $80 dollars per barrel) we will be in good shape that also means a good future for Islamic Investments in the Gulf. The next question is what will the government do with this money? We recently witnessed our economy shrink and 2010 is up to the moves made by the government and how they spend their money. If they circulate the money effectively we can expect some nice growth that will benefit Islamic Investments in the Gulf.

Gulf Bank Kuwait Construction and Real Estate Interviews Kuwait Real-Estate

Gulf Real Estate: ALARGAN Real-Estate Company

April 1, 2010

Interview with Khaled Al Mashaan, Chairman and Managing Director of ALAGRAN International Real Estate Company. ALARGAN Real Estate have been very focused on middle income housing. I would say more than 80% of our investments cater to this segment of the market. As the housing projects get larger we need to provide the infrastructure for these communities and the required supportive facilities. We always strive to provide the best quality for the price and we are very much in touch with our clients. We enhance our units on a monthly basis and this gives us a competitive edge due to our focus.

Kuwait Construction and Real Estate Interviews Kuwait Real-Estate

Kuwait Construction, Rawaf Bourisli

April 1, 2010

Interview with Rawaf Bourisli, General Manager of Action Real Estate. On the strategic level Kuwait Dynamics is looking towards becoming an international construction company, not just Kuwait construction company, and in 2010, Kuwait Dynamics wants to move more into the international arena. As Kuwait Dynamics, we would like to expand within the GCC and further out into the Middle East and North Africa but we are still in the planning stages for our construction segment of the company.

Kuwait Capital Markets Kuwait Investment Kuwait Investment Interviews

Kuwait Investment Climate

April 1, 2010

Kuwait Investment Climate, Bayan Investment Company, Chairman and Managing Director, Faisal Ali Al-Mutawa
We are living in a very difficult investment climate in Kuwait these days. Kuwait stock market is depressed and so are Kuwait investment companies stock prices. Over 90% of land in Kuwait is owned by Kuwait and this makes it difficult to start any projects because its too difficult to obtain and licensing is nearly impossible. With no real investment opportunities available in the private sector we hope with the new plan things will open up and Kuwait investment climate becomes better.

Kuwait Banking Kuwait Banking Interviews

Al Ahli Bank of Kuwait | Exclusive Interview

March 31, 2010

Interview with Abdullah Al Sumait, Deputy CEO of Al Ahli Bank. In Kuwait most of the banks have made aggressive moves the past three to five years whereas other banks (non Kuwait) have been more cautious towards growth. Eventually big banks all around the world have been hit and Kuwait is not any different. When this happened at the end of 2008 Kuwait government took good steps to protect banks and the financial sector and the central bank enacted some regulations to assure the banks in Kuwait, it would provide the needed liquidity.

Kuwait Oil & Gas Kuwait Oil and Gas Interviews

Kuwait Oil Suppliers

March 31, 2010

Chairman and General Manager of Global International General Trading and Contracting, Kuwait emerging oil company, Hussain Abdulla Jowhar and Jose R. Erinjeri
Global International General Trading and Contracting started in 1993 with limited capital. Through the combination of our experiences, we made a strategy of how to proceed and grow our business. We grew slowly with the market to reach where we are today. This is the seventeenth year of our company and in suppliable consumables for the oil sector we are a true leader.