imported 2024-03-17 17:43:07
HOT Engineering & Construction Co., a leading engineering construction company in Kuwait, has received an official Award Notification from Central Agency for Public Tenders, Kuwait for the Project SPA/189 “The General Department of Criminal Evidence Headquarters” in Kuwait.
HOT Engineering & Construction Co., a leading engineering construction company in Kuwait, has taken a significant step forward today and is pleased to announce that it has officially signed an Agency Agreement with HOA BINH Construction and Real Estate Corporation of Vietnam.
According to the Equity Markets April 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI Index, fell by -1.2%. Abu Dhabi’s ADX General Index was the top performing regional index and Qatar’s QE Index was the worst performing.
“The health sector has developed during the past few years due to the high demand caused by certain insurance programs that have covered the public sector and public corporates. From 2012 until now, two major groups were added to the private health insurance sector,” says Dr Yousif Abou Zahr, CEO of Al Seef Hospital.
“The Kuwaiti culture has had entrepreneurs for hundreds of years. My grandfather, great grandfather, and father were all entrepreneurs,” says Mohammed Jaffar, Deputy Chairman & CEO of Faith Capital Holding, Board Member in Kuwait London Company.
“At this point the lowering of the oil prices and the deficit that we are going through has had a marginal effect on the real estate sector. As we all know, the real estate sector here in Kuwait has been the backbone for the non-oil revenue here in the country. I have personally been seeing a good demand over the past two years in the commercial properties throughout Kuwait,” says Mohammed Al Matook, Acting GM of Al Hamra Real Estate Company.
“Our strength is in food manufacturing and distribution. We are very focused on our own brands and on our third-party partners. That business continued to perform extremely well for us. In a scenario where most of our competitors were in decline, we continued to grow,” says Garry Walsh, CEO of Mezzan Holding.
“Over the last ten years, there has been a big drive in Kuwait to consume food out of home. People have moved from the traditional nuclear family, or the Kuwaiti version, and eating in the house to eating out of the home. That has actually changed in the last year,” says Garry Walsh, CEO of Mezzan Holding.
“KAPICO Group is a holding family group between two families. The Al-Ghannam family started with my father along with his two brothers, Ahmed and Yusuf. In 1950, they bought a small shop for used spare parts,” says Ahmed A. Al-Ghannam, Chairman of KAPICO Group Holding.
“Al-Yousifi was established in 1955 by my father. He took the agency of National, which is now Panasonic. We have especially grown after the 1991 liberation. Until 1994 or 1995, we were number one in electronics in Kuwait. We were only concentrating on Panasonic at that time, because the deal between us and Japan was to not have other brands in our showroom,” says Adel Easa Al-Yousifi, Senior Vice Chairman and Managing Director of Al-Yousifi Group.
