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imported 2024-03-17 17:43:07

Kuwait鈥檚 Real Estate Market in 2017 鈥� Outlook by Al Hamra Real Estate 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.

Al-Yousifi Group Kuwait & Electronics Retail: Overview by Adel Easa Al-Yousifi

“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.

Catering Market in Kuwait – Overview by Alghanim Catering

“For now, there is a good amount of potential. Government contracts are the cornerstone of all catering companies that deal in Kuwait and want to generate large amounts of revenue. Government contracts now and what we have seen over the past several decades are quite consistent in terms of catering,” says Badder Al-Ghanim, CEO (Board Member) of Alghanim Catering (Al-Awama Group).

Chocolate Bar鈥檚 Nouf Almutawa: 鈥淐hocolate Bar is Our Happy Hour in Kuwait鈥�

“Bon Group is the company which owns Chocolate Bar. Chocolate Bar is a caf茅 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鈥檚; we are both females and we both love chocolate! Who doesn鈥檛 love chocolate?!,” says Nouf Almutawa, Founder of Chocolate Bar (Bon Group).

Construction & Infrastructure Projects in Kuwait by Combined Group

“We are participating in many sectors, such as construction, roads, oil, bridges, and infrastructure. We participate in any projects announced through the CTC. The value of the projects varies for each sector. The sectors with the greatest value are roads and bridges, followed by the oil sector, construction, building, and lastly, other divisions,” says Dr. Nabeel Abdul Haleem Ali, Consultant to Chairman for Shareholders Affairs at Combined Group.

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