|#||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||Oct 2018||PropTiger||Elara Technologies||Singapore||Singapore||Singapore||Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE||Real Estate|Software & IT services||Professional Services||
PropTiger, the operator of an online realty portal and a subsidiary of
Singapore-based Elara Technologies, plans to expand across the Gulf
Cooperation Council region and beyond by 2021. The company plans to
increase its revenues from non-resident Indian customers from 20% to 40%
by establishing its presence across geographies with a significant
|New Investment Strategy||https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/proptiger-enters-global-property-brokerage-market-opens-office-in-dubai/articleshow/66412190.cms||Dhruv Agarwala||Chief Executive Officer||Bhaskar Bagchi||Chief Business Officer, PropTiger|
|2||Oct 2018||Indian Farmers Fertiliser Cooperative (IFFCO)||Indian Farmers Fertiliser Cooperative (IFFCO)||India||Delhi||New Delhi||Bahrain|Kuwait|Oman|Qatar|Saudi Arabia|UAE||Chemicals||Food, Beverages & Tobacco||Manufacturing||
India-based IFFCO, a manufacturer of fertilisers, is looking for joint
venture opportunities throughout the Gulf Cooperation Council region.
The company is also interested in expanding the capacity of its plant in
Sur, Oman and initiated a feasibility study for the project in early
|Considering Project (New or Expansion)|New Investment Strategy||https://www.muscatdaily.com/Archive/Business/Business-Interview-IFFCO-would-continue-to-look-for-expansion-opportunities-in-GCC-5bby||Rakesh Kapur||Joint Managing Director|
|3||Sep 2018||Goals101||Goals101||India||Delhi||New Delhi||Kenya|Malaysia|Qatar|South Africa|UAE||Software & IT services||Financial Services||
India-based Goals101, a fintech and big data analytics company, has
raised $3.5m in pre-series A funding from Nexus Venture Partners. The
company stated that the funding would be used to invest in technological
data science capabilities and expand to other geographies, namely
Malaysia, the United Arab Emirates, Qatar, South Africa and Kenya.
|New Funding/Resources for Expansion||http://www.finsmes.com/2018/09/goals101-raises-3-5m-in-pre-series-a-funding-round.html||Visham Sikand||Managing Director||Milan Naik||Chief Executive Officer||Ishank Joshi||Co-Founder|
|4||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
|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|
|5||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|
|6||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 Officerfirstname.lastname@example.org|
|7||Jul 2018||BWL Consulting||BWL Consulting||United Kingdom||North East (UK)||Darlington||Australia|Canada|Qatar|Singapore|UAE|United States||Business Services||Professional Services||
UK-based BWL Consulting, a provider of services to clients in the
property and construction industry, has announced plans to further
expand its operations into Australia, Singapore, Qatar, Dubai, the US
and Canada by 2023.
|New Investment Strategy||http://bqlive.co.uk/north-east-cumbria/2018/06/29/news/bwl-expands-internationally-32911/||Michael Lee||Director|
|8||Mar 2018||Pine Labs||Pine Labs||India||Uttar Pradesh||Noida||Indonesia|Philippines|Qatar|Saudi Arabia|Thailand|UAE|Vietnam||Software & IT services||Financial Services||
India-based Pine Labs, a payment solutions provider, has raised $82m in
a funding round led by Actis Capital, with participation from Altimeter
Capital. The company will use the new financing to develop new services
and expand globally. The United Arab Emirates is likely to be the next
market where Pine Labs might start operations, followed by Saudi Arabia
and Indonesia. The company is also exploring entry into other south-east
Asian countries such as the Philippines, Thailand and Vietnam as well as
Qatar in west Asia.
|New Funding/Resources for Expansion||https://inc42.com/buzz/digital-retail-payments-platform-pine-labs-raises-82mn-led-actis/||Lokvir Kapoor||Chief Executive Officer|
|9||May 2017||Lokring Technology||Lokring Technology||United States||Ohio||Willoughby (OH)||Bahrain|Oman|Qatar|Saudi Arabia|UAE||Metals||Industrial||
Lokring Northern (UK), a manufacturer of fluid and gas transfer
connectors and a service unit of US-based Lokring Technology, is
planning expansion in the Middle East. The company is planning to focus
primarily on Bahrain, Qatar, Saudi Arabia, Oman and the United Arab
Emirates. It hopes to capitalise on opportunities in the oil and gas,
refinery and shipbuilding industries with a view to providing a
permanent presence by November 2018.
|New Investment Strategy||Ross Millar||Managing Director (UK)||email@example.com||+441224878877|
|10||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|
|11||May 2016||Sunpower||Total||France||Ile-de-France||Paris||Qatar||Alternative/Renewable energy||Environmental Technology||Electricity||
SunPower, a subsidiary of France-based Total, is considering
establishing a solar power joint venture in Qatar. The company is
examining the possibility of joining Qatar Petroleum’s new solar
subsidiary which is to be established in partnership with Qatar
Electricity and Water.
|Considering Project (New or Expansion)||Patrick Pouyanne||Chief Executive Officerfirstname.lastname@example.org|
|12||Apr 2016||LuLu||EMKE Group||UAE||Abu Dhabi||Abu Dhabi||Qatar||Food & Tobacco|Real Estate||Construction|Retail Trade||
Lulu, a subsidiary of United Arab Emirates-based EMKE Group, plans to
expand its operations in Qatar. The company already has operations in a
number of hypermarkets, department stores, express supermarkets &
shopping malls in the country.
|New Investment Strategy||Yusuff Ali M A||Chairperson, LuLu Group||Mohamed Althaf||Regional Director, LuLu International Group|
|13||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|
|14||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
|Imtiaz Hussain||Chief Executive Officer|
|15||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
|16||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|
|17||Dec 2014||NetJets Europe||Berkshire Hathaway||United States||Nebraska||Omaha (NE)||Qatar|Saudi Arabia|Turkey|UAE||Transportation||Transportation, Warehousing & Storage||
Aviation specialist NetJets Europe, a subsidiary of US-based Berkshire
Hathaway, is positioning itself for expansion in the United Arab
Emirates, Saudi Arabia, Qatar and Turkey. The company is aiming to
target customers in the corporate sector as well as high net worth
|New Investment Strategy||Michael Graham||Senior Vice President, NetJets Europe|
|18||Dec 2014||Musafir.com||Musafir.com||UAE||Sharjah||Sharjah||Jordan|Morocco|Nepal|Qatar|Sri Lanka|Turkey||Hotels & Tourism||Tourism||
United Arab Emirates-based Musafir.com, an online travel firm, is
considering entering new global markets. The company is eyeing gulf
countries such as Turkey, Morocco, Jordan and Qatar, as well as the
Indian sub-continent including Nepal and Sri Lanka. Musafir.com has
existing plans for new office openings in India.
|New Investment Strategy||Sachin Gadoya||Managing Director|
|19||Aug 2014||Emirates District Cooling (Emicool)||Union Properties||UAE||Dubai||Dubai||Qatar|Saudi Arabia||Industrial Machinery, Equipment & Tools||Industrial||
Emirates District Cooling (Emicool), a cooling service provider which
operates as a subsidiary of United Arab Emirates-based Union Properties,
has received a $245m external debt facility from Dubai Islamic Bank. The
company will use a portion of the capital to expand the geographical
reach of its operations in the region, particularly into Saudi Arabia
|New Investment Strategy||Abdulaziz bin Yagub Al-Serkal||Chairman, Emirates District Cooling (Emicool)|
|20||Mar 2014||Industrial Development Bank of India (IDBI)||Industrial Development Bank of India (IDBI)||India||Maharashtra||Mumbai||Hong Kong|Myanmar|Pakistan|Qatar|Saudi Arabia|Singapore|UAE||Financial Services||Financial Services||
India-based Industrial Development Bank of India (IDBI), a provider of
banking and financial services, is planning to expand its operations in
international markets. The bank plans to make an initial foray into
Singapore and Hong Kong, and will also target Gulf Co-operation Council
countries including the United Arab Emirates, Saudi Arabia and Qatar.
IDBI is also considering a move into the Pakistan and Myanmar banking
|New Investment Strategy||M S Raghavan||Chairman|
|21||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|
|22||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
|New Investment Strategy||Ashish Gupta||Chief Operating Officer|
|23||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
|Considering Project (New or Expansion)||Naseem Ahmad||Director|
|24||Jun 2013||Qualitynet||Qualitynet||Kuwait||Al-Kuwait||Kuwait City||Egypt|Iraq|Qatar|Saudi Arabia||Communications||ICT & Electronics||
Kuwait-based QualityNet, an Internet provider, is looking to expand
overseas to Egypt, Saudi Arabia, Qatar and Iraq in a bid to counter
slowing growth in its domestic market. The firm is focusing on a major
deal in Egypt and a couple of major deals in Saudi Arabia and sees
potential in Qatar and Iraq.
|New Investment Strategy||Waleed Saleh Al Qallaf||Chief Executive Officer|
|25||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
|Considering Project (New or Expansion)||Hamad Al-Sulaiman||Chief Executive Officer|
|26||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|
|27||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|
|28||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|
|29||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|
|30||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|
|31||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|
|32||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|
|33||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)|
|34||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|
|35||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|
|36||Jun 2012||Arabtec Holding||Arabtec Holding||UAE||Dubai||Dubai||Libya|Qatar||Business Services||Construction||
United Arab Emirates-based Arabtec Holding, a company that engages in
civil construction and related works, is setting logistics and joint
ventures in place in preparation to bid for Qatar’s planned $100bn
infrastructure projects ahead of the 2022 World Cup. It has two major
projects in Qatar and is bidding for more. It is also entering Libya and
is actively looking at oil and gas projects in the country.
|New Investment Strategy||Ziad Makhzoumi||Chief Financial Officer|
|37||Jun 2012||MH Alshaya Co (Alshaya Retail)||Alshaya||Kuwait||Al-Kuwait||Kuwait City||Bahrain|Oman|Qatar|Saudi Arabia|UAE||Food & Tobacco||Retail Trade||Retail||
MH Alshaya Co (Alshaya Retail), a subsidiary of Kuwait-based Alshaya,
has signed a franchise agreement with US-based bakery Sprinkles Cupcakes
to expand the cupcake brand across the Gulf Co-operation Council. The
company will open outlets across the region, with the first planned for
Kuwait in 2012.
|Considering Project (New or Expansion)||Mohammed Alshaya||Executive Chairman|
|38||Jun 2012||Coffee Republic||Coffee Republic||United Kingdom||South East (UK)||London||China|India|Malaysia|Qatar||Food & Tobacco||Food, Beverages & Tobacco|Retail Trade||
UK-based coffee chain Coffee Republic is currently in talks with
potential local partners to enter the Indian market. It is aiming to
sign up a local master franchisee by the end of 2012, and plans to open
between 50 and 80 stores by 2017. India is seen as a perfect country for
expansion due to its growing young and middle class consumers with
preference for international brands. The firm plans to anchor its
presence in metro cities before expanding to second tier markets. The
company has also announced that it has plans to enter markets such as
Malaysia, Qatar and China.
|New Investment Strategy||Tariq Affara||Chief Executive Officer|
|39||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|
|40||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
|New Investment Strategy||Mehul Choksi||Chairman|
|41||May 2012||Itau Unibanco (Itau Unibanco)||Itau Unibanco (Itau Unibanco)||Brazil||Sao Paulo||Sao Paulo||Qatar|Saudi Arabia|UAE||Financial Services||Financial Services||
Brazil-based bank Itau Unibanco is eyeing expansion to Abu Dhabi, United
Arab Emirates; Qatar and Saudi Arabia. It currently has an office in
|New Investment Strategy||Ricardo Villela Marino||Chief Executive Officer (Latin America)|
|42||May 2012||Odebrecht||Odebrecht||Brazil||Bahia||Salvador||Oman|Qatar||Business Services||Construction||
Odebrecht, a Brazilian conglomerate in the fields of engineering,
construction, chemicals and petrochemicals, is eyeing such markets as
Qatar and Oman. It already has an office in Abu Dhabi but closed an
office in Dubai during the downturn.
|New Investment Strategy||Antonio Roberto Gavioli||Director, Infrastructure Contracts|
|43||May 2012||Bahwan Engineering Group||Suhail Bahwan Group Holding (SBGH)||Oman||Muscat||Muscat||India|Qatar||Business Services||Construction||
Bahwan Engineering Group, part of Oman-based Suhail Bahwan Group, is
eyeing the Indian market as a target for expansion. The firm is actively
looking to enter the Indian market through a major project. If the
company goes to India, it will go with a large project and then
establish itself there. As part of its plans, it will look at
acquisition opportunities. It has no timescale plans for its expansion
into India, but for the immediate future, plans for the company are
firmly focused on expanding into Qatar.
|New Investment Strategy||Suresh Virmani||Managing Director, Bahwan Engineering Group|
|44||Apr 2012||WH Smith||WH Smith||United Kingdom||South West (UK)||Swindon (WILTSHIRE)||Australia|Fiji|India|Qatar|Saudi Arabia|UAE||Consumer Products||Consumer Goods|Retail Trade||Retail||
UK-based newspapers, books and stationery retailer WH Smith is planning
to grow in overseas markets as part of a strategy to offset weakness on
the UK high street. The retailer is planning to open 20 new shops in
India, Australia, Qatar, Dubai, Fiji and Saudi Arabia, taking its total
number of overseas stores opened or agreed to 80. The company runs its
international stores through a mixture of franchises, joint ventures and
|Considering Project (New or Expansion)|New Investment Strategy||Kate Swann||Chief Executive Officer|
|45||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
|Considering Project (New or Expansion)||Miran Ellahee||Chief Executive Officer|
|46||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|
|47||Mar 2012||East Fence Trade and General Contracting||East Fence Trade and General Contracting||Saudi Arabia||Eastern Province||Dammam||Qatar||Building & Construction Materials |Business Services|Minerals||Construction|Industrial|Physical Sciences||Business Services|Extraction|Manufacturing|Sales, Marketing & Support||
Saudi Arabia-based East Fence Trade and General Contracting, which
operates as a contracting, real estate development and trading company,
is considering opening an office in Qatar. It will seek to provide real
estate investment and contracting services in the country. The company
will also examine the possibility of establishing quarries and concrete
factories in Qatar.
|Considering Project (New or Expansion)||Shaikh Mohamed bin Hamad Al Anzi||Chairperson|
|48||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|
|49||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|
|50||Feb 2012||Aster DM Healthcare (DM Healthcare)||Aster DM Healthcare (DM Healthcare)||UAE||Dubai||Dubai||Bahrain|Qatar||Healthcare||Life sciences||Construction||
United Arab Emirates-based healthcare conglomerate DM Healthcare is
considering establishing hospitals in Qatar and Bahrain, as part of its
plans to expand in the Gulf Co-operation Council and India by the end of
2014. The company is planning to hire 11,000 staff and open 180 medical
units, with hospitals also being planned for the UAE, Saudi Arabia and
|Considering Project (New or Expansion)||Dr Azad Moopen||Chairman|
|51||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
|Considering Project (New or Expansion)||Chris Buxton||Regional Director (Middle East, Africa and India), Bentley Motors|
|52||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|
|53||Jan 2012||Al-Homaizi Group||Al-Homaizi Group||Kuwait||Al-Kuwait||Kuwait City||Bahrain|Egypt|Jordan|Lebanon|Oman|Qatar|Saudi Arabia||Consumer Products |Textiles||Retail Trade||Retail||
MultiTrend International (MTI), a member of Kuwait-based conglomerate
Al-Homaizi Group, is investigating the possibility of expanding its
Franklin & Marshall-branded franchise fashion stores in the Middle East
and north Africa. The company has opened stores in Kuwait and the United
Arab Emirates, and is examining the possibility of doing the same in
Qatar, Saudi Arabia, Lebanon, Jordan and Egypt. In addition MTI is
planning to open My Buy department stores across the Gulf Co-operation
Council region, after opening one such store in Dubai.
|Considering Project (New or Expansion)||Maen Merheby||Director, Retail, MultiTrend International|
|54||Jan 2012||Volvo||Volvo||Sweden||Sweden||Gothenburg||Qatar|Saudi Arabia|UAE||Automotive OEM|Industrial Machinery, Equipment & Tools||Construction|Transport Equipment||
Sweden-based Volvo, which manufactures automobiles, trucks and
construction machinery, plans to further expand its business in the
United Arab Emirates, Saudi Arabia and Qatar in 2012. The company plans
to increase its activities in these markets in order to boost sales. It
views the Saudi Arabian market as holding particular potential from the
trucks and construction equipment point of view.
|New Investment Strategy||Anders Osberg||Chief Financial Officer|
|55||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|
|56||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|
|57||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|
|58||Jan 2012||State Life Insurance Corporation of Pakistan||State Life Insurance Corporation of Pakistan||Pakistan||Sindh||Karachi||Bahrain|Qatar||Financial Services||Financial Services||
Pakistan-based insurance provider State Life Insurance Corporation of
Pakistan (SLIC) plans to enter the Bahrain and Qatar markets in 2012 as
it seeks to expand its business in the Gulf Co-operation Council region.
SLIC also plans to expand its activities in Saudi Arabia and the United
|New Investment Strategy||Shahid Aziz Siddiqi||Chairperson|
|59||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|
|60||Dec 2011||Carillion||Carillion||United Kingdom||West Midlands (UK)||Wolverhampton||Qatar||Real Estate||Construction||Construction||
UK-based company Carillion has won its first ever contract in Qatar
valued at 395m ($615m). The project will be carried out in an 80:20
joint venture with Qatar Building Company and will work on a major phase
of the Msheireb Downtown Doha project. The contract is worth 316m
($492m) to Carillion and will commence in December 2011.
|New Overseas Supplier Contracts||John McDonough||Chief Executive Officer|
|61||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|
|62||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|
|63||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|
|64||Nov 2011||KEO International Consultants||KEO International Consultants||Kuwait||Al-Kuwait||Kuwait City||Qatar|Saudi Arabia||Business Services||Construction|Professional Services||
Kuwait-based KEO International Consultants, a construction consultancy
company, is planning to expand its business in Saudi Arabia and Qatar.
The company offers a range of services, including planning,
architectural design, civil engineering and project management, and has
identified these countries as areas of key growth.
|New Investment Strategy||Billy Jolly||Head (United Arab Emirates), Mechanical Electrical Plumbing|
|65||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|
|66||Nov 2011||Jashn||Jashn||UAE||Dubai||Dubai||Bangladesh|Qatar|Singapore|Sri Lanka|United Kingdom||Textiles||Retail Trade||
United Arab Emirates-based retailer Jashn, which offers Indian-style
women’s fashion products, is considering embarking on an overseas
expansion into Qatar, the UK, Singapore, Sri Lanka and Bangladesh. The
company currently operates two outlets in the UAE and is examining
possibilities in new markets.
|New Investment Strategy||Rahuul Jashnani||Managing Director|
|67||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|
|68||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|
|69||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|
|70||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|
|71||Sep 2011||Mahindra Satyam (Satyam Computer Services)||Mahindra Group||India||Maharashtra||Mumbai||China|Qatar|Saudi Arabia|South Africa||Software & IT services||ICT & Electronics||
India-based IT consultancy company Mahindra Satyam is looking to grow in
the Chinese market. The company is seeking partnerships and joint
ventures to explore new opportunities. It also sees South Africa, Qatar,
and Saudi Arabia as possible markets for future growth.
|New Investment Strategy||Rohit Gandhi||
Head (Asia-Pacific, India, Middle East & Africa), Tech Mahindra
|72||Sep 2011||Continental Insurance Group||Continental Insurance Group||UAE||Dubai||Dubai||Kenya|Qatar||Financial Services||Financial Services||
United Arab Emirates-based insurance provider Continental Insurance
Group plans to enter the Qatar and Kenya markets in 2012. The company is
seeking to expand its business and enter new markets.
|New Investment Strategy||Ashok Sardana||Managing Director|
|73||May 2011||Keppel FELS||Keppel||Singapore||Singapore||Singapore||Qatar||Industrial Machinery, Equipment & Tools||Energy||
Keppel FELS, a subsidiary of Singapore-based Keppel, has secured
contracts to build two high-specification jackup rigs from Gulf Drilling
International of Qatar, worth about $393m. The two rigs are scheduled
for delivery in the third quarters of 2013 and 2014.
|New Overseas Supplier Contracts||Chong Heong Tong||Chief Executive Officer, Keppel Offshore & Marine (Keppel O&M)|
|74||Mar 2011||Orimix Concrete Products||Bitumat||Saudi Arabia||Eastern Province||Dammam||Egypt|Qatar|Saudi Arabia||Building & Construction Materials||Construction||
United Arab Emirates-based Orimix Concrete Products, a leading ready mix
concrete (RMC) company, is exploring opportunities in other geographic
regions to maintain its organic growth. The company has identified
Egypt, Saudi Arabia and Qatar as the next most potential markets for RMC
and its allied businesses.
|New Investment Strategy||Abdullah Ahmad Al-Shaheen||Chairman, Orimix Concrete Products|
|75||Mar 2011||Al Ahli Bank of Kuwait (ABK)||Al Ahli Bank of Kuwait (ABK)||Kuwait||Al-Kuwait||Kuwait City||Qatar||Financial Services||Financial Services||Business Services||
Al Ahli Bank of Kuwait intends to expand its presence in Qatar as a
continuation of its policy to expand in the Gulf Co-operation Council
states. The company is deciding between opening a branch in the country
organically and acquiring a strategic stake in a local lender.
|Considering Project (New or Expansion)|New Investment Strategy||Abdullah Al-Sumait||Chairman|
|76||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|
|77||Feb 2011||Cushman & Wakefield||Cushman & Wakefield||United States||New York||NYC (NY)||Qatar|Saudi Arabia||Real Estate||Professional Services||
US-based Cushman & Wakefield is planning further expansion across the
Middle East, specifically into Qatar and Saudi Arabia. The firm recently
opened an office in Bahrain and believes it will provide a strong
platform for further expansion across the region. Cushman & Wakefield is
a global real estate consultant.
|New Investment Strategy||Mike Atwell||Head (Middle East), Operations|
|78||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|
|79||Jan 2011||Offshore Solutions (OSBV)||Offshore Solutions (OSBV)||Netherlands||West-Nederland||Rotterdam||Qatar||Construction|Energy||Construction||
Netherlands-based Offshore Solutions (OSBV) has been awarded a contract,
by Qatar Shell GTL, to build an offshore access system to support
personnel transfer to and from the offshore component of the Pearl Gas
to Liquids project in Qatar. The project started in 2011 and is expected
to be completed in 2014, with an option to extend the contract for a
further two years. OSBV is a joint venture between AMEC and Cofely
|New Overseas Supplier Contracts||Lindsay Young||Managing Director|
|80||Oct 2010||Autogen Manufacturing||Autogen Manufacturing||United Kingdom||Northern Ireland||Not Specified||Qatar|Sudan|UAE||Industrial Machinery, Equipment & Tools||Industrial||
Autogen Manufacturing, a company that designs and manufactures a range
of diesel powered generator systems has secured orders in the Middle
East worth 5m ($7.89) following support from Invest Northern Ireland.
The company has secured three major orders to supply companies based in
Dubai, Qatar and Sudan with bespoke generator systems. This will enable
it to develop new connections and secure future business opportunities
in these markets.
|New Overseas Supplier Contracts||Damian McCabe||Managing Director|
|81||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
|New Investment Strategy||Gary Greaser||President’s Assistant|
|82||Oct 2010||Metal Link||Metal Link||South Korea||Gyeonggi||Anyang||Qatar||Electronic Components|Semiconductors||Energy|ICT & Electronics||Manufacturing||
South Korea-based Metal Link, which is engaged in the manufacture of
high and low carbon wire, stainless wire and steel wire rope, is one of
a number of South Korean companies interested in investing in Qatar. The
company is interested in establishing a factory with a Qatari partner.
It hopes to supply Qatar General Electricity & Water Corporation
(Kahramaa) with its transmission conductor which saves time and money in
transmission of power.
|Considering Project (New or Expansion)||Jae-kwan Ku||President|
|83||Oct 2010||Korea Midland Power||Korea Electric Power (KEPCO)||South Korea||Seoul||Seoul||Qatar||Coal, Oil and Natural Gas||Energy||Electricity||
Korea Midland Power, part of Korea Electric Power, is one of a number of
South Korean companies interested in investing in Qatar. The company
wants to establish joint ventures in the power and electricity sectors.
|Considering Project (New or Expansion)||Lee Ingong||General Manager, Korea Midland Power|
|84||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|
|85||Jul 2010||Boeing||Boeing||United States||Illinois||Chicago (IL)||China|Ireland|Jordan|Norway|Qatar|Reunion|UAE|United States||Aerospace||Transport Equipment||
Boeing, the US-based aerospace giant, has received an order for 30 of
its Boeing 777-300ERs (Extended Range) airplanes from Dubai-based
Emirates Airlines. The value of the contract could be around $9.1bn
according to reports. Boeing has also won a variety of contracts from
Qatar Airways, China’s Okay Airways, Jordan’s Royal Jordanian, US-based
Air Lease Corporation, Ireland-based Avolon, Norway’s Air Shuttle, GE
Capital Aviation Services, and Reunion-based Air Austral.
|New Overseas Supplier Contracts||Jim Albaugh||Chief Executive Officer, Boeing Commercial Airplanes|
|86||Jun 2010||SASOL||SASOL||South Africa||Gauteng||Johannesburg||China|Qatar|Russia|Uzbekistan||Chemicals|Coal, Oil and Natural Gas||Energy|Physical Sciences||
Sasol, the South African integrated energy and chemicals company, is
looking to grow outside its domestic base to China, Russia, Uzbekistan,
and Qatar where it already operates a plant. The company has rejigged
its management structure as it seeks to develop its business.
|New Investment Strategy||Pat Davies||Chief Executive Officer|
|87||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|
|88||Jun 2010||Total Petrochemicals||Total||France||Ile-de-France||Paris||Qatar||Chemicals||Energy||Manufacturing||
Total Petrochemicals, a business unit of French energy giant Total is
mulling capacity expansions for its joint-venture petrochemical plants
in Qatar. The company has further possibilities to increase the capacity
of its Qapco cracker and Ras Laffan cracker.
|Considering Project (New or Expansion)||Michael Govaerts||Director, Business Development, Total Petrochemicals|
|89||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
|Considering Project (New or Expansion)||Marc Dardenne||Chief Executive Officer, Emaar Hospitality|