List of all articles filed under “kuwait-topics” category.
“I have a friend who is a specialist in oil, he said to me 鈥渋f you ask me tomorrow what would be the price of oil, I would not judge it鈥�. In the past, if you remember, the oil prices in a week or even a month could go up or down by 50 cents or maximum by a US dollar, but now they can drop or rise by one US dollar or by three,” says Bader Al Humaidhi, Former Minister of Finance.
“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. It is rare to find a club in Kuwait that provides both.”
“Our target would be to secure more projects in the oil and gas sector because that鈥檚 our main ball game as well as securing more projects in infrastructure and expanding when it comes to maintenance contracts, which is of great interest to us.”
“Our strategy for 2017 and 2018 centers on the retail customer, the corporate customer, banks, our business with international institutions, our stakeholders and shareholders. They are all my customers. This is the number one priority for me, my staff, and the management.”
“We are undertaking the CFP Mina Al Ahmadi Package project valued at around 4 billion US dollars. We have a stake in this project, we were awarded the Package in April 2014 and this is our implication,” says Jad H. Mekkaoui, Business Development & Contracts Manager of Al-Kazemi Group.
“If you look at Kuwait and the market in general in the last 3 years you can distinguish three major projects that were tendered and awarded and that are in the execution phase,” explains Jad H. Mekkaoui, Business Development & Contracts Manager of Al-Kazemi Group.
“Our strategy for 2017 would be to pursue major scale projects in sectors of interest, so we are mainly looking at projects in the oil and gas sector, in the infrastructure sector but also in the maintenance and shutdown sector,” explains Jad H. Mekkaoui, Business Development & Contracts Manager of Al-Kazemi Group.
“The core values of our group are integrity and ethics in carrying out our tasks, responsibility in upholding the highest standards in the services provided to our principals,” says Jad H. Mekkaoui, Business Development & Contracts Manager of Al-Kazemi Group.
The Kuwaiti government鈥檚 education budget had grown relentlessly in recent years, allocating almost 10% of its annual budget to Kuwait鈥檚 education sector in 2016, as the leadership has continued to emphasise the importance of education in creating sustainable employment for their citizens and equipping them with the skills to compete in the global marketplace.
So whilst the effects of declining oil revenues have been considerable, Kuwait, which boasts large fiscal reserves accumulated over the past few decades, has been able to stave off the precipitous corrections that have hit some other petro-states in recent years.
