Top Bank in the Middle East
My aim is to increase our equity, which has doubled since 2005. Also, I would like to double our assets and be a leader in the strategic business lines we have targeted.
Packaging in Lebanon
We are seeking to increase our exports and to increase our sales by 50% in the upcoming years. We think we have a strong base in the paper and packaging industry in Lebanon and we look forward to expanding in the region and collaborating with other regional players in paper and packaging industry.
Lebanon Tourism Ministry
On average countries see a 5-6% growth but Lebanon tourism is doing quite well as reflected by the growth in Lebanon tourism sector. Lebanon has things to offer in this region that others cannot.
Kuwait Aviation: Middle East Aviation Sector Defying the Crisis
The Middle East Aviation and Kuwait aviation sector, is different because it is fueled by oil and government spending. If you look at the per capita figures in the Middle East, you will see some of the highest rates in the world and people often spend money on Kuwait travel and tourism. Therefore, the Kuwait aviation sector performs very well.
Kuwait Telecom: Wataniya Telecom Leading the Kuwait Telecom Sector
“There is high penetration and we have 115% penetration in the Kuwait telecom sector”, recounts Scott Gegenheimer, CEO of Wataniya Telecom. Kuwaitis like to chat, whether in private or in business. A Kuwaiti without an iPhone, Blackberry or Nokia phone is like Arabia without oil, purely unimaginable.
Kuwait Banks Role in Kuwait Real Estate Market
While in the United Arab Emirates almost every local commercial bank is involved in real estate financing, Kuwaiti banks watched Kuwait real estate and construction sector more critically.
Kuwait Real Estate Market: One of the Most Challenging Markets in the Gulf
The demand for middle income Kuwait real estate will remain high, according to Alargan’s Khaled Al-Mashaan: “We have the highest growth in population in the world and most of the population is under 25 years old (60%) so the influx of young people coming into the market will be huge for jobs and housing. “
Kuwait Liquified Natural Gas and Nuclear Ambition
The peaceful use of nuclear energy in particular celebrates a comeback in the Middle East. The UAE and Saudi Arabia will definitely build nuclear plants in order to stand on the same level as Iran, which is on the threshold of becoming a nuclear power.
Kuwait Energy: Investments into the Future
“In Kuwait , we feel that we are part of the world. When there was a high demand for energy , and oil in particular, Kuwait and Kuwait Oil Company responded positively by producing the maximum in 2008. In regard to Kuwait diversification , the long term concern is there. Kuwait should seriously think about diversifying sources of income for the country.” says Sami Al-Rushaid, Chairman and Managing Director at Kuwait Oil Company
Kuwait Islamic Banking and Finance: Future is Bright
“Islamic banking and finance started inferior thirty years ago but started to position itself very well within the Kuwait banking and Kuwait investment industry. It dominates the GCC and MENA region and has proved that its underwriting criteria are much stronger than its peers on the conventional side,” says Abdul Aziz Al-Mazooq, CEO of Muthanna Investment Company.