imported 2024-03-17 17:43:07
“The economy here is highly dependent on oil, oil production, and oil prices, and it has a high correlation with the energy markets. We expect the Kuwait economy to grow between 2.5 to 3 percent, this year. But, it must be examined in the overall international context. The world economy is expected to grow at around 3 to 4 percent,” says Faisal Hasan, Chief Business Development Officer and Head of Investment Research Department at KAMCO.
“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.
“C Club was established in 2005 and the concept behind it was to have not only a fitness facility but as well a social club where people can interact, meet, do business and so on. There is the fitness side and the social side,” says Abdullah Al Askari, Managing Director of C Club.
“We first thought of launching a personal training centre after seeing that clients of local gyms did not receive the care needed to achieve their health and fitness goals. The market was filled with fitness misconceptions and we needed to attend to them,” says Abdullah Al Askari, Managing Director of C Club.
“We now have three centres in the college that encourage and support innovation. The first is the Project Based Learning (PBL) Centre. Its goal is to propagate learning through projects namely, experiential learning. The workshop is the starting point,” says Abdullah Al Sharhan, Chairman of Australian College of Kuwait (ACK).
“I myself believe that the future is for people who have knowledge, skills, and the right attitude toward the workplace. If ACK can produce this kind of individual, we will be helping not only the young people who are coming to the college, but the country as well,” says Abdullah Al Sharhan, Chairman of Australian College of Kuwait (ACK).
“Projects that are under execution with the private sector include a 300,000m2 commercial development in the south of Kuwait called the Al Kout project. This is a retail project connected to a hotel we had built a few years back called the Rotana Hotel, connected to another mall that we had built in early 2007,” says Elie N. Hani, Deputy CEO of Ahmadiah Contracting.
“We are known to work on fast track, design development projects. We started that process back in the 70s with one of the real estate companies called Salhia Real Estate. We did the Salhia Mall that is still considered to be the mall with a very large number of prime brands like Louis Vuitton and others,” says Elie N. Hani, Deputy CEO of Ahmadiah Contracting.
