imported 2024-03-17 17:43:08
“It is amazing when you go to an area and you build a dam, even if it is a small dam, the area will change because some dams according to the design will not only provide water for irrigation and drinking water but will provide electricity to the country,” says Abdulwahab Al-Bader, Director General of Kuwait Fund for Arab Economic Development.
“55 years is a long time. So if you look at it from the beginning, we started with Arab countries and then moved on to non-Arab countries in Africa and Asia. You know what happened with the Arab Spring in different countries such as Syria, amongst others, where Kuwait Fund started with developmental aid, particularly in terms of building physical projects to enhance the economies of countries that we support,” says Abdulwahab Al-Bader, Director General of Kuwait Fund for Arab Economic Development.
“My company is called Orchid Real Estate. We are active and operate in local and international residential and commercial real estate sectors. I am also the chairman of Jood Gulf Holding Company,” says Nouria Al-Neama, Vice Chairman and MD of Orchid Real Estate.
HOT Engineering Co. used to be the pioneer in contracting, specifically in oil and gas. The current vision of the company is to regain that position as many contractors have left the market. HOT Engineering’s CEO thinks it is their chance to once again be among the leaders and to be recognized in Kuwait.
“We are very proud to participate in the new refinery project. In other fields, like infrastructure, we signed a contract with the General Department of Civil Aviation to construct the Third Runway for Kuwait Airport.”
“Chocolate Bar is a café that serves all kinds of chocolate drinks and chocolate desserts. Everything is made fresh every day. It came out of a passion of mine and of my partner’s; we are both females and we both love chocolate! Who doesn’t love chocolate?!”
Al-Yousifi Group would like to push the air conditioning and firefighting sector as there is a large market for construction in Kuwait.
According to the Equity Markets Quarterly Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI index, fell by -1.3% QTD in Q1 2017. Bahrain’s BB All Share index was the top performing GCC index, followed by impressive quarterly performance from Kuwait’s Weighted Index.
Kuwait Finance and Investment Company (KFIC) notably attained a 211 thousand KD net profit in the 2016 financial year.
The aim of the newly-established Faith Capital Holding is to grow local businesses into GGC businesses that have branches across the six countries in the Gulf, by the means of ethical business.
