Investor Signals

Kuwait

# Actual Signal Date Investing Company Parent Company Source country Source State Source City Destination Region(s) Destination Country(s) Industry Sector(s) Industry Cluster(s) Industry Activity(s) Description Signals Data source Contact name (1) Position (1) Email (1) Telephone (1) Contact name (2) Position (2) Email (2) Telephone (2) Contact name (3) Position (3) Email (3) Telephone (3)
1 Sep 2018 Imagismart Solutions (Xplorabox) Imagismart Solutions (Xplorabox) India Uttar Pradesh Noida North America Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Consumer Products Consumer Goods   India-based Imagismart Solutions, which runs an educational subscription
activity box service for children, has raised an undisclosed amount of
funding in a round led by Z Nations Lab, Sridham Enterprises and
Metaform Ventures. The company stated that the funding would be used to
expand its services, including the launch of products to cater to higher
age categories, diversifying into curriculum-mapped products, and
tapping the overseas markets of North America and the Gulf Cooperation
Council region.
New Funding/Resources for Expansion https://inc42.com/buzz/exclusive-xplorabox-to-make-learning-childs-play-tap-overseas-markets-with-latest-funding/ Rishi Das Chief Executive Officer     Shweta Das Co-founder     Dhirendra Meena Chief Technology Officer    
2 Sep 2018 Eddie Rockets Eddie Rockets Ireland Ireland Dublin Emerging Europe|Middle East|Western Europe Bahrain|Kuwait|Oman|Qatar|UAE Food & Tobacco Food, Beverages & Tobacco|Retail Trade   Ireland-based Eddie Rockets, a fast food chain, has announced its plans
to expand overseas. The company plans to expand to the Middle East, with
a focus on Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates. It
is also eyeing further expansion into continental Europe.
New Investment Strategy https://www.hospitalityireland.com/eddie-rockets-plans-international-expansion/64883 Tobias Lukaschek Business Development Officer                    
3 Aug 2018 Rooter Rooter India Delhi New Delhi   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Software & IT services Creative Industries   India-based Rooter, which operates a sports social gaming platform, has
raised Rs45m ($620,517) from a group of angel investors in a precursor
to a planned series A funding round. The fresh capital will help the
company get into markets including the Gulf Cooperation Council region
(Qatar, the United Arab Emirates, Saudi Arabia, Oman, Kuwait and
Bahrain). The company is also aiming for a series A funding round in
November 2018 for a global expansion.
New Funding/Resources for Expansion https://www.insidesport.co/rooter-eyeing-big-series-a-funding-raises-%E2%82%B94-5-crore-in-precursor-et/ Piyush Kumar Chief Executive Officer piyush@rooter.io                  
4 Mar 2017 Lukoil Lukoil Russia Central Federal District Moscow   Kuwait|Oman Coal, Oil and Natural Gas Energy Extraction|Manufacturing Russia-based energy conglomerate Lukoil is to further expand its
operations in the Middle East. The company is looking at opportunities
in Oman and Kuwait.
Considering Project (New or Expansion)   Gati Al Jebouri Vice President (Middle East)                    
5 Jan 2017 Vezeeta Vezeeta Egypt Cairo Cairo   Jordan|Kuwait|Lebanon|Morocco|Qatar|Saudi Arabia|UAE Software & IT services Life sciences   Egypt-based Vezeeta, a leader in healthcare IT platforms offering
automated physician, clinic and hospital bookings, has raised $5m in
funding from BECO Capital, Vostok New Ventures, Silicon Badia and
Technology Development Fund. The company currently covers three Egyptian
cities with future expansion plans to integrate additional MENA
countries, moving aggressively into the United Arab Emirates, Saudi
Arabia, Jordan, Lebanon, Morocco, Kuwait, and Qatar by June 2018.
New Funding/Resources for Expansion   Amir Barsoum Chief Executive Officer                    
6 Jun 2016 Alsayegh Media Alsayegh Media UAE Dubai Dubai   Denmark|Kuwait|Norway|Saudi Arabia|Sweden|United Kingdom|United States Business Services Creative Industries   United Arab Emirates Alsayegh Media, a communications agency, is eyeing
regional and global expansion. The firm is aiming to expand into Kuwait
and Saudi Arabia before extending to London, NYC and Scandinavia.
New Investment Strategy   Abdullatif Alsayegh Chief Executive Officer                    
7 Apr 2016 SunExpress Lufthansa Germany Nordrhein-Westfalen Koln   Iran|Kuwait Transportation Transportation, Warehousing & Storage   SunExpress, a subsidiary of Germany-based Lufthansa and joint venture
with Turkish Airlines, is considering an expansion to new markets in
eastern countries such as Iran and Kuwait. The company serves 110 cities
in Turkey and abroad.
New Investment Strategy   Jaan Albrecht Managing Director, SunExpress                    
8 Jan 2016 iGene Infovalley Malaysia Selangor Mines Resort City   Bahrain|China|Indonesia|Kuwait|Qatar|Saudi Arabia|Thailand|United States Healthcare Life sciences Business Services Medical device provider iGene, a subsidiary of Malaysia-based
Infovalley, plans to aggressively expand its presence across
Asia-Pacific and the Middle East during 2016. The firm is looking at
expanding into Indonesia, Thailand and either Riyadh or Jeddah; Saudi
Arabia. The company is also in talks at various stages with parties in
China, US, Qatar, Kuwait and Bahrain. It has also launched a joint
venture to set up a network of digital autopsy facilities in Australia.
Considering Project (New or Expansion)   Matt Chandran Chief Executive Officer, iGene                    
9 Dec 2015 Imtiaz Super Market Imtiaz Super Market Pakistan Sindh Karachi   Kuwait|Qatar|UAE Consumer Products |Food & Tobacco Retail Trade Retail Pakistan-based Imtiaz Super Market, operator of a chain of retail
stores, is planning international expansion by 2019. The company is
preparing for an initial public offering of its shares to finance
expansion and is considering markets including the United Arab Emirates,
Qatar and Kuwait. The retailer is eyeing Sharjah as its first
international store by 2017.
Considering Project (New or Expansion)|New Funding/Resources for
Expansion
  Imtiaz Hussain Chief Executive Officer                    
10 Jul 2015 Mondelez International Mondelez International United States Illinois Deerfield (IL)   Bahrain|Kuwait|Oman|Pakistan|Qatar|Saudi Arabia|UAE Food & Tobacco Food, Beverages & Tobacco   US-based snack food company Mondelez International plans to embark on
the next phase of growth of its Gulf Cooperation Council and Pakistan
business. The company has appointed a new leadership team to bring a
wide-range of expertise to its brands, innovation platforms, routes to
market and supply chain, so that it can accelerate revenue growth as
consumer demand in the region continues to grow.
New Investment Strategy   Andre Benoit Director (Eastern Europe, Middle East and Africa), Corporate and
Government Affairs
                   
11 Feb 2015 Visions Visions UAE Dubai Dubai   Bahrain|India|Kuwait|Qatar|Sri Lanka Consumer Products Retail Trade Retail United Arab Emirates-based Visions, a retail distribution firm, has been
appointed travel retail agent for Tyko Travel Retail in Kuwait, Bahrain,
Sri Lanka, India and Qatar. Visions specialises in the travel retail
market primarily in the Middle East and manages a number of brands.
Considering Project (New or Expansion)   Anil Menon Sales Manager, Travel Retail                    
12 Dec 2013 Ozonegroup Ozonegroup India Karnataka Bangalore   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Real Estate Construction Sales, Marketing & Support India-based Ozonegroup, a real estate developer, plans to set up offices
in other Gulf Cooperation Council countries. The company has already
opened a new office in Dubai, United Arab Emirates.
Considering Project (New or Expansion)   K R Raghavan Vice-President, Sales and Marketing                    
13 Aug 2013 Evalueserve Evalueserve United States California Saratoga (CA)   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Business Services Professional Services   US-based Evalueserve, a research and analytics specialist, plans to
expand its international footprint across the Gulf Co-operation Council.
The firm has recently opened a new office in Dubai, United Arab
Emirates.
New Investment Strategy   Ashish Gupta Chief Operating Officer                    
14 Jun 2013 SPRET Retail SPRET Retail UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Consumer Electronics|Consumer Products Retail Trade Retail United Arab Emirates-based SPRET Retail, a diversified speciality
retailer, plans to expand its operations throughout the entire Gulf
Co-operation Council. The retailer, which operates eight separate
brands, is particularly focusing on a potential expansion into Oman by
2014.
Considering Project (New or Expansion)   Naseem Ahmad Director                    
15 May 2013 Hanco Hanco Saudi Arabia Makkah Jeddah   Bahrain|Kuwait|Oman|Qatar|UAE Business Services Retail Trade Retail Saudi Arabia-based car rental company, Hanco, has announced that it has
embarked upon a regional expansion strategy to increase its market share
within the Gulf Co-operation Council (GCC). The company recently opened
a new branch office in Dubai, United Arab Emirates and has indicated
that it will open five further branches throughout the GCC by the end of
2013.
Considering Project (New or Expansion)   Hamad Al-Sulaiman Chief Executive Officer                    
16 Mar 2013 Lals Group Lals Group UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Consumer Products Retail Trade Retail United Arab Emirates-based Lals Group, the franchise owner of Japan
retailer Daiso, plans to open a further 50 new stores within the Gulf
Co-operation Council. The new stores are expected to be between 500 sq m
and 5000 sq m in size, with locations to target high footfall areas such
as shopping malls and street corners. The 50 new stores are expected to
be opened by 2016.
Considering Project (New or Expansion)   Jayant Ganwani Chief Executive Officer                    
17 Mar 2013 Amira Nature Foods Amira Nature Foods UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Food & Tobacco Food, Beverages & Tobacco   United Arab Emirates-based Amira Nature Foods, which processes,
distributes and markets speciality rice, is planning an aggressive
growth strategy for the Gulf Cooperation Council area, which includes
Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates.
The company is focusing on organic growth, but has not ruled out the
possibility of acquisitions.
New Investment Strategy   Karan A Chanana Chairman                    
18 Feb 2013 Eastern Biotech & Life Sciences Eastern Biotech & Life Sciences UAE Dubai Dubai   Bahrain|Kuwait|Qatar|Saudi Arabia Biotechnology Life sciences   United Arab Emirates-based Eastern Biotech & Life Sciences, a
biotechnology company, intends to expand its international presence in
the remaining Gulf Cooperation Council countries during 2013 after
recently setting up in Oman. The company offers diagnostic tests such as
new born screening, food intolerance testing, genetic and molecular
diagnostics and a range of routine biochemical and immunological tests.
Considering Project (New or Expansion)   Dr Faruq Badiuddin Chief Executive Officer                    
19 Jan 2013 Jumbo Electronics Jumbo Electronics UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar Consumer Electronics Retail Trade Retail United Arab Emirates-based Jumbo Electronics plans to expand its
operations in the Gulf Corporation Council countries. The company will
execute a two-year expansion strategy by 2015, with an emphasis placed
on opening small-format retail stores. In particular, the retailer has
identified the growth potential in Bahrain, Oman, Kuwait and Qatar.
Considering Project (New or Expansion)   Vishesh Bhatia Chief Executive Officer                    
20 Nov 2012 Jarir Marketing Jarir Marketing Saudi Arabia Riyadh Riyadh   Bahrain|Kuwait|Oman|Qatar|UAE Consumer Products Retail Trade Retail Saudi Arabia-based stationer and bookshop Jarir Marketing, intends to
expand its number of stores in the Gulf Cooperation Council by around
70%. This will bring the company’s total number of stores to 55 as it
aims to double its sales revenue across the region by 2017. The retailer
has identified the area’s increasing population growth as a contributing
factor in the decision to expand.
Considering Project (New or Expansion)   Muhammad al-Agil Chairman                    
21 Oct 2012 Amlak Hotels & Tourism Amlak Hotels & Tourism Jordan Amman Amman   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Hotels & Tourism Tourism Construction Jordan-based Amlak Hotels & Tourism, the hotel management organisation
which specialises in Islamic Sharia compliant hotels, plans to open a
hotel in every Gulf Cooperation Council country, by 2017. The company is
considering introducing hotels in Kuwait, Bahrain and Qatar, while also
hoping to restart construction of a hotel and hotel apartments in Dubai,
United Arab Emirates. Amlak Hotels & Tourism currently has hotels
operating in Jordan and the UAE, with plans announced for hotels to be
constructed in Saudi Arabia and Oman.
New Investment Strategy   Naji Alia Chief Executive Officer                    
22 Aug 2012 Pasukhas Group Pasukhas Group Malaysia Selangor Seri Kembangan   Bahrain|Indonesia|Kuwait|Oman|Qatar|Saudi Arabia|UAE Business Services Professional Services   Malaysia-based Mechanical and electrical engineering services company
Pasukhas Group is planning to expand its operations presence in the Gulf
Co-operation Council countries of Bahrain, Kuwait, Oman, Qatar, Saudi
Arabia and the United Arab Emirates. The company is also in talks to
expand operations in Indonesia in order to capitalise on the country’s
aims to achieve self sufficient sugar supplies by 2014. In addition, it
has announced plans to seek to raise RM10.8m through a listing on the
ACE Market of Bursa Malaysia Securities.
Considering Project (New or Expansion)|New Investment Strategy   Teng Ah Kiong Managing Director                    
23 Aug 2012 Emirates National Oil (ENOC) Emirates National Oil (ENOC) UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Coal, Oil and Natural Gas Retail Trade Retail United Arab Emirates-based oil and gas company Emirates National Oil
(ENOC) is looking to expand its service station network to other Gulf
Co-operation Council countries. The final decision on when and where
ENOC will open outlets has yet to be made, however.
Considering Project (New or Expansion)   Burhan Al Hashemi Managing Director (Retail)                    
24 Jul 2012 Theo Fennell Theo Fennell United Kingdom South East (UK) London   Azerbaijan|Kuwait Consumer Products Consumer Goods   UK-based luxury jewellery brand Theo Fennell is looking to focus on
overseas growth, including plans to open stores with wholesale partners
in Harvey Nichols in Kuwait and the Emporium department store in Baku,
Azerbaijan. The company produces silver jewellery, earrings, bracelets,
watches, and silver custom pieces and gifts.
New Investment Strategy   Theo Fennell Founder                    
25 Jul 2012 Al Habtoor Motors Al Habtoor Group UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Automotive OEM Transport Equipment Maintenance & Servicing Al Habtoor Motors, which engages in the distribution and repair of
automobiles and operates as a subsidiary of the United Arab
Emirates-based Al Habtoor Group, plans to open 40 car repair garages
across the Gulf Co-operation Council by 2015, under a new brand, Speed
Fit. The firm, which owns franchise rights for car brands such as
Mitsubishi, Bugatti, Bentley and McLaren, will open the first such
facilities in the UAE, before expanding to the wider region.
Considering Project (New or Expansion)   Karl Hamer Managing Director, Al Habtoor Motors                    
26 Jun 2012 Mars International Mars International Oman Muscat Muscat   Bahrain|Kuwait|Qatar|Saudi Arabia|UAE Food & Tobacco|Healthcare|Hotels & Tourism|Real Estate Construction|Life sciences|Retail Trade|Tourism Retail Oman-based Mars International, which operates in the retail, healthcare,
real estate and hospitality sectors, is planning to expand its
activities into the rest of the Gulf Co-operation Council. As part of
these plans the company’s hypermarket operator, the Mars Hypermarket
Group, plans open stores in other GCC states. It already operates
outlets in Oman and the United Arab Emirates.
Considering Project (New or Expansion)|New Investment Strategy   Naveej Vinod Executive Director                    
27 Jun 2012 German Imaging Technologies German Imaging Technologies UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Business Machines & Equipment ICT & Electronics Sales, Marketing & Support United Arab Emirates-based German Imaging Technologies, which offers
environmentally-friendly toner cartridges and other printer-related
services, plans to open new offices in the Gulf Co-operation Council
region by the end of 2012. The move is part of the company’s expansion
plans, with new offices also opening across the UAE as well.
Considering Project (New or Expansion)   Dr Sassan Dieter Khatib-Shahidi Chief Executive Officer                    
28 May 2012 Gitanjali Gitanjali India Maharashtra Mumbai   Bahrain|Kuwait|Qatar Consumer Products Retail Trade   India-based jewellery retailer Gitanjali has announced that it is
looking at opportunities in Qatar, Kuwait and Bahrain. The company is
also planning to invest up to $75m in increasing its number of outlets
in the United Arab Emirates to 110 by 2014 and it will also expand into
Saudi Arabia.
New Investment Strategy   Mehul Choksi Chairman                    
29 Apr 2012 Emax Electronics Landmark Group UAE Dubai Dubai   Kuwait Consumer Electronics Retail Trade Retail Consumer electronics retailer Emax, a subsidiary of the United Arab
Emirates-based Landmark Group, is considering opening stores in Kuwait.
The company is exploring for opportunities to open in the country, the
only part of the Gulf Co-operation Council (GCC) where it does not
currently operate. Emax is also in the process of expanding operations
in the areas of the GCC where it does operate, opening up to 10 new
stores and hiring 500 additional staff by the end of 2012.
Considering Project (New or Expansion)   Neelesh Bhatnagar Director, Oasis Centre                    
30 Apr 2012 M Energy M Energy United Kingdom South East (UK) Not Specified   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Coal, Oil and Natural Gas Energy Manufacturing UK-based M Energy has signed a joint venture with United Arab
Emirates-based Pan Gulf Capital to establish 10 scrap to energy
manufacturing facilities across the Gulf Co-operation Council by 2017.
The facilities will use plastic scrap and scrap tyres as the raw
material to produce oils, such as diesel, furnace and marine oils. The
companies will also generate enough electricity at the sites to run the
manufacturing facilities.
Considering Project (New or Expansion)   Miran Ellahee Chief Executive Officer                    
31 Mar 2012 Global Group Global Group Canada Ontario Toronto   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Consumer Products Consumer Goods Manufacturing The Canada-based Global Group, which manufactures and markets a range of
office furniture, is considering establishing a manufacturing facility
in the Gulf Co-operation Council region. Oman is one of the countries
being considered as a possible destination for the factory. Plans are
still at the preliminary stage, however.
Considering Project (New or Expansion)   Nathan Meyer Vice President (International), Sales                    
32 Feb 2012 Al Batha Group Al Batha Group UAE Sharjah Sharjah   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Consumer Electronics Retail Trade   Consumer electronics retailer E-City, which operates as part of the
United Arab Emirates-based Al Batha Group, plans to expand its
electronics retail concept to the other Gulf Co-operation Council
markets outside of the UAE. The company is seeking to enter the Saudi
Arabia, Kuwait, Qatar, Bahrain and Oman markets by 2017.
New Investment Strategy   Mueez Rahman Chief Operating Officer, E-City                    
33 Feb 2012 Apparel Group Apparel Group UAE Dubai Dubai   Bahrain|India|Kuwait|Oman|Qatar|Saudi Arabia Textiles Retail Trade Retail The Apparel Group, a United Arab Emirates-based retail conglomerate,
plans to bring several new brands to the Gulf Co-operation Council and
India. The company is planning to open 120 to 130 fashion stores and 100
kidswear stores by 2017, as it plans to sign agreements with several,
mainly North American, brands.
Considering Project (New or Expansion)   Nilesh Ved Chairperson                    
34 Feb 2012 Coach Coach United States New York NYC (NY)   Brazil|Chile|Colombia|Indonesia|Kuwait|Panama|Venezuela|Vietnam Consumer Products Consumer Goods   US-based Coach, a company that designs and markets accessories and gifts
for women and men, is continuing to drive distributor-run businesses in
countries outside of its directly operated markets. During the 2012
financial year, it expects to open about 35 net new international
wholesale locations, expanding to new markets, including Brazil, Vietnam
and Kuwait. It has also announced other distribution agreements for
Latin America, initially including Colombia, Venezuela, Panama and
Chile, and to Indonesia.
New Investment Strategy   Lew Frankfort Chief Executive Officer                    
35 Feb 2012 Bentley Motors Volkswagen Germany Niedersachsen Wolfsburg   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Automotive OEM Transport Equipment Maintenance & Servicing Car manufacturer Bentley Motors, a subsidiary of Germany-based
Volkswagen, plans to invest $9.3m in the Gulf Co-operation Council
region by July 2012 to upgrade its showrooms and open two workshops. The
company is seeking to capitalise on growing car sales in the Middle
East.
Considering Project (New or Expansion)   Chris Buxton Regional Director (Middle East, Africa and India), Bentley Motors                    
36 Feb 2012 Dr Sulaiman Al-Habib Medical Group (HMG) Dr Sulaiman Al-Habib Medical Group (HMG) Saudi Arabia Riyadh Riyadh   Bahrain|Kuwait|Oman|Qatar|UAE Healthcare Life sciences Construction Saudi Arabia-based healthcare provider Dr Sulaiman Al-Habib Medical
Group is considering building another four hospitals in the Gulf
Co-operation Council region, in addition to its current and planned
developments. The company operates seven medical centres in the region
and is in the process of constructing another four. It is seeking to
grow its business further in order to tap into the growing demand for
healthcare services in the GCC, with the hospitals likely to be located
outside of Saudi Arabia.
Considering Project (New or Expansion)   Farhan Qadeer General Manager                    
37 Jan 2012 HDFC Life Housing Development Finance (HDFC) India Maharashtra Mumbai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Financial Services Financial Services   Insurance provider HDFC Life, a subsidiary of India-based Housing
Development Finance Corporation, plans to expand its business in the
Gulf Co-operation Council. The company opened an office in Dubai, the
United Arab Emirates, in October 2011 and plans to expand further in the
region. HDFC Life is seeking to offer its individual and group insurance
services to non-resident Indians in the region.
New Investment Strategy   Anup Rau Head, Sales and Distribution, HDFC Life                    
38 Jan 2012 Joyalukkas Joyalukkas UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Financial Services Financial Services Business Services United Arab Emirates-based Joyalukkas, which offers a range of services
including currency exchange, plans to open money exchange centres across
the Gulf Co-operation Council by the end of 2014. The company, which
operates five such branches in the UAE, plans to increase its network to
100, with openings also planned for India.
Considering Project (New or Expansion)   Joy Alukkas Chairman                    
39 Jan 2012 MarkaVIP MarkaVIP Jordan Amman Amman   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Consumer Products |Textiles Consumer Goods|Wood, Apparel & Related Products   Jordan-based MarkaVIP, an online private sales club selling apparel and
home decor products, has announced that it has secured $5m in Series A
funding which it will use to expand its current operations and marketing
activities. The company plans to expand in new markets across the Gulf
Co-operation Council. The financing was led by Silicon Valley venture
firm Lumia Capital with significant participation from New York-based
Invus Financial Advisors.
New Funding/Resources for Expansion   Ahmed Alkhatib Chief Executive Officer                    
40 Dec 2011 Al-Futtaim Travel Al-Futtaim Group UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Hotels & Tourism Tourism   Al-Futtaim Travel, part of the United Arab Emirates-based diversified
business conglomerate the Al-Futtaim Group, will expand the tour
operator Thomas Cook’s brand in the Gulf Co-operation Council (GCC)
region. The company, which is the exclusive distributor of Thomas Cook
in the Middle East, will extend the brand’s coverage to strategic
locations across the GCC by 2014.
New Investment Strategy   Samantha Watson Manager, Marketing and Sales, Al-Futtaim Travel                    
41 Dec 2011 MSD Gulf Merck & Co United States New Jersey Whitehouse (NJ)   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Pharmaceuticals Life sciences   MSD Gulf, a subsidiary of US-based pharmaceutical company Merck & Co,
plans to expand in the Gulf Co-operation Council region by 2016. The
company, which operates in the United Arab Emirates, Kuwait, Bahrain,
Qatar and Oman, sees strong growth potential in the UAE and other
pharmaceutical markets. It offers a range of drugs including Januvia,
which is used to treat diabetes.
New Investment Strategy   Andrew Miles Managing Director, MSD Gulf                    
42 Nov 2011 Elysian Investments Elysian Investments UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Real Estate Professional Services Business Services United Arab Emirates-based Elysian Investments, a property investment
and brokerage firm, plans to open new offices in the Gulf Co-operation
Council region. The company already operates offices in Dubai and Abu
Dhabi and is seeking to expand in the region, which consists of Bahrain,
Kuwait, Oman, Qatar, Saudi Arabia and the UAE. It offers a range of
services, including due diligence of land and properties, mortgaging and
finance, property rental management and sales management.
Considering Project (New or Expansion)   Paul Preston Chief Executive Officer                    
43 Nov 2011 Saif Belhasa Group Saif Belhasa Group UAE Dubai Dubai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia Textiles Retail Trade Retail The United Arab Emirates-based conglomerate Saif Belhasa Group plans to
open five "I Love Fashion" stores in the Gulf Co-operation Council
region in 2012. The company signed a franchise agreement with
France-based Fashion TV to open the fashion retail outlets. The company
has opened an outlet in Dubai and will open one in Abu Dhabi but it
plans to roll out the brand across the wider region which consists of
Bahrain, Kuwait, Oman, Qatar and Saudi Arabia.
Considering Project (New or Expansion)   Saif Ahmed Belhasa Chairperson                    
44 Nov 2011 Fortis Swiss Watches Fortis Swiss Watches Switzerland Switzerland Not Specified   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Consumer Products Retail Trade Retail Switzerland-based watch manufacturer Fortis Uhren is examining the
possibility of establishing boutiques across the Gulf Co-operation
Council region. The outlets would stock the brand’s various models and
act as a one-stop shop for the company’s products.
Considering Project (New or Expansion)   Mahesh Shahani Director (Middle East), Brand                    
45 Nov 2011 OptumHealth UnitedHealth Group United States Minnesota Minnetonka (MN)   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Healthcare|Pharmaceuticals|Software & IT services Life sciences   OptumHealth, a health and wellness company, plans to invest in the Gulf
Co-operation Council region. The company recently signed a joint venture
agreement with United Arab Emirates-based Lifeline Hospital Group to
help it improve its billing and collections processes. It will further
expand in the region, in areas such as health IT, wellness and
pharmaceuticals. OptumHealth will focus on the GCC countries; Bahrain,
Kuwait, Oman, Qatar, Saudi Arabia and the UAE.
New Investment Strategy   Warren Guillett Chief Executive Officer (Middle East), OptumHealth                    
46 Oct 2011 Ascott Group CapitaLand Singapore Singapore Singapore   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Real Estate Construction   Ascott Group, a serviced residence business unit of Singapore-based
CapitaLand, has expanded into a new country, Oman, by securing a
management contract for a 220-unit serviced residence in Muscat. The
serviced residence is scheduled to open in 2014. It is the first
international serviced residence operator in Oman. Its growth strategy
for the Gulf region is to build economies of scale by securing more
management contracts. It will continue to expand its presence in
Bahrain, Oman, Qatar and United Arab Emirates, as well as look for
opportunities in Kuwait and Saudi Arabia.
New Investment Strategy|New Overseas Supplier Contracts   Lim Ming Yan Chief Executive Officer                    
47 Oct 2011 Bahrain National Insurance Bahrain National Holding Bahrain Bahrain Manama (Al-Manamah)   Kuwait|Oman|Saudi Arabia|UAE Financial Services Financial Services   Bahrain National Insurance, a provider of general insurance products,
has announced plans to branch out into other Gulf Cooperation Council
countries, including Kuwait, Oman, Saudi Arabia and the United Arab
Emirates. The company has recently been granted a license to operate in
Qatar.
New Investment Strategy   Joseph Rizzo General Manager, Bahrain National Insurance                    
48 Oct 2011 Tim Hortons Tim Hortons Canada Ontario Oakville   Bahrain|Kuwait|Oman|Qatar|UAE|United States Food & Tobacco Food, Beverages & Tobacco|Retail Trade   Canada-based Tim Hortons, a coffee and doughnut chain, is to expand in
the Middle East. Its franchise partner Apparel Group is set to open 120
new stores by 2016. It will open the new stores in the United Arab
Emirates, Qatar, Bahrain, Kuwait and Oman. Apart from this announced
international expansion, Tim Hortons is planning to keep its
international efforts focused on the US market.
New Investment Strategy   Paul House Chief Executive Officer                    
49 Sep 2011 LIC International Life Insurance Corporation (LIC) India Maharashtra Mumbai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|Thailand|UAE|Uganda|United States Financial Services Financial Services   Insurance company LIC International, a subsidiary of India-based Life
Insurance Corporation, is looking to expand its coverage across Bahrain
and the GCC countries by expanding its partner sales network. It is also
planning to expand operations to the US, Uganda, and Thailand.
New Investment Strategy   D.K. Mehrotra Managing Director                    
50 Aug 2011 AM Light AM Light United Kingdom Northern Ireland Belfast   Kuwait Electronic Components ICT & Electronics   Northern Ireland-based AM Light, a manufacturer of cold cathode lighting
solutions, has recently completed a major order for an export contract
it secured in Kuwait. Over 3000 metres of AM Light’s cold cathode
lighting product will be used throughout the interior and exterior of
the Al Wafra Tower, one of the largest construction projects currently
underway in Kuwait. The company hopes the contract will leverage new
business in the Middle East region.
New Overseas Supplier Contracts   Chris McNevison Manager, Sales and Marketing                    
51 Mar 2011 Reliance Asset Management (UK) Reliance ADA India Maharashtra Mumbai   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Financial Services Financial Services   Dubai Reliance Capital, the financial services arm of India’s Reliance
ADA, is eyeing Middle East expansion and it will use its office in the
Dubai International Financial Centre to expand its operations in the
region. The company intends to focus on growing wealth management and
Sharia-compliant businesses in the United Arab Emirates and the GCC
countries. The company is also planning to significantly increase its
headcount in the coming years.
New Investment Strategy   Sam Ghosh Chief Executive, Reliance Capital                    
52 Feb 2011 Beximco Pharmaceuticals Beximco Group Bangladesh Dhaka Dhaka   Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE Pharmaceuticals Life sciences   Bangladesh-based Beximco Pharmaceuticals is looking to build on last
year’s growth with further expansion into the Gulf Co-operation Council
countries. (GCC). The company is attracted by the potential for growth
there, and is shying away from more developed market. Saudi Arabia is
the company’s potentially biggest market.
New Investment Strategy   Nazmul Hassan Managing Director, Beximco Pharmaceuticals                    
53 Feb 2011 Science Applications International Corporation (SAIC) Science Applications International Corporation (SAIC) United States Virginia McLean (VA)   Kuwait Transportation |Warehousing & Storage Transport Equipment   Virginia-based Science Applications International (SAIC) has been
awarded a prime contract by the 1st Theater Sustainment Command (1st
TSC) to provide logistics services in support of 1st TSC activities
throughout the US Central Command area of responsibility. The contract
has a value of more than $102m if all options are exercised and work
will be performed primarily in Kuwait. Under the contract, SAIC will
support munitions storage and resupply efforts by helping the 1st TSC
and operating the ammunition supply point and storage area activities.
New Overseas Supplier Contracts   Glenn SanGiacomo Senior Vice-President                    
54 Nov 2010 Hormann Middle East Hormann Group (Hoermann) Germany Nordrhein-Westfalen Steinhagen   Kuwait|Lebanon Metals Construction   Hormann Middle East, which manufactures metal doors for private,
commercial and industrial applications, has announced that it intends to
expand into new markets in the Middle East. The company has established
markets in the United Arab Emirates, Saudi Arabia and Qatar, but will
expand into both Lebanon and Kuwait. The company offers a wide range of
industrial sectional doors, rolling shutters, high-speed doors, dock
shelters, steel doors and garage doors.
New Investment Strategy   Darius Khanloo Managing Director, Hormann Middle East                    
55 Oct 2010 Chevron Corporation Chevron Corporation United States California San Ramon (CA)   Iraq|Kuwait|Qatar|Saudi Arabia Coal, Oil and Natural Gas Energy   US-based oil giant, Chevron Corporation has announced that it is to
search for natural gas along the border between Kuwait and Saudi Arabia.
The diamond-shaped region of desert between the two nations is called
the "Neutral Zone". Chevron already operates the Saudi-Kuwaiti Wafra
field in the area. Chevron will also later seek gas in Iraq and in
Qatar.
New Investment Strategy   Gary Greaser President’s Assistant                    
56 Aug 2010 Homes R Us Lals Group UAE Dubai Dubai   Kuwait|Oman|Qatar|Saudi Arabia Consumer Products Retail Trade Retail Homes R Us, a retail subsidiary of Dubai-based Lals Group, is
considering setting up new outlets in Oman, Saudi Arabia, Kuwait and
Qatar. The company has been expanding locally and wishes to increase its
market share in the Middle East.
Considering Project (New or Expansion)   Viraf Raimalwala Chief Operating Officer, Homes R Us                    
57 Jun 2010 ABB (Asea Brown Boveri) ABB (Asea Brown Boveri) Switzerland Switzerland Zurich   Kuwait Coal, Oil and Natural Gas Energy   Swiss-based technology group ABB has won a contract worth $155m from the
Kuwait Oil Company (KOC) for a turnkey project to design and build a new
crude-oil transit line as well as the associated ancillary systems. The
project also includes the expansion of an existing manifold (a pipeline
consolidation installation) in the north of the country.
New Overseas Supplier Contracts   Veli-Matti Reinikkala Head, Process Automation                    
58 Jun 2010 Bank of Baroda Bank of Baroda India Maharashtra Mumbai   Kuwait|Qatar|Saudi Arabia Financial Services Financial Services   India-based Bank of Baroda plans to expand its operations into the GCC
states. The company is currently in talks with selected business groups
and institutions to establish joint venture agreements in Kuwait, Saudi
Arabia and Qatar.
New Investment Strategy   Ashok Gupta Chief Executive Officer (GCC), Operations                    
59 May 2010 Emaar Hospitality Emaar Properties UAE Dubai Dubai   Kuwait|Qatar|Saudi Arabia Hotels & Tourism Tourism Construction Emaar Hospitality, a subsidiary of Emaar Properties, is discussing plans
with its Qatari partners to open a hotel, called The Address Hotel, to
be located in Doha, Qatar. The company is also looking at Kuwait and
Saudi Arabia as possible sites for investment as part of its global
expansion plans.
Considering Project (New or Expansion)   Marc Dardenne Chief Executive Officer, Emaar Hospitality                    
60 May 2010 Al Rawabi Dairy Al Rawabi Dairy UAE Dubai Dubai   Bahrain|Kuwait Food & Tobacco     Dubai-based Al Rawabi Dairy, a dairy products and fresh juices
manufacturer, plans to expand into Bahrain and probably Kuwait with the
funds raised in a planned initial public offering. The offering wil take
place in 2011 and is expected to raise Dh1.6bn.
Considering Project (New or Expansion)|New Funding/Resources for
Expansion
  Dr Ahmed Eltigani General Manager