Investor Signals

Saudi Arabia

# 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
Indian diaspora.
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
2018.
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 Oct 2018 Mumzworld Mumzworld UAE Dubai Dubai Middle East Saudi Arabia Software & IT services Consumer Goods|Creative Industries   United Arab Emirates-based Mumzworld, which operates an online
e-commerce shopping platform for mothers, has raised $20m in a series B
funding round led by Gulf Islamic Investments. The funding will be used
to scale the company’s operations, specifically in Saudi Arabia, a
market that it has seen strong growth in. In 2019, Mumzworld’s focus
will be to solidify its presence in the GCC region, followed by the
Levant.
New Funding/Resources for Expansion https://www.forbesmiddleeast.com/en/exclusive-mumzworld-targets-expansion-following-20-million-series-b-funding/ Mona Ataya Chief Executive Officer     Leena Khalil Vice President, New Markets            
4 Sep 2018 Vezeeta Vezeeta Egypt Cairo Cairo   Saudi Arabia Software & IT services Life sciences   Egypt-based Vezeeta, a developer of healthcare IT platforms offering
automated physician, clinic and hospital bookings has raised $12m a in
series C funding round was led by Saudi Technology Ventures. The
financing will be used to fund its continued expansion primarily in
Saudi Arabia and for further investments in key new products.
New Funding/Resources for Expansion https://techcrunch.com/2018/09/19/vezeeta-the-leading-mena-healthcare-startup-secures-12m-series-c-led-by-stv/ Amir Barsoum Chief Executive Officer                    
5 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    
6 Sep 2018 PVR PVR India Haryana Gurgaon   Saudi Arabia|UAE Leisure & Entertainment Creative Industries Retail India-based PVR, a theatrical exhibition company, is considering
opportunities in Saudi Arabia and the United Arab Emirates. The
company’s primary focus will be in Saudi Arabia following the recent
lifting of a cinema ban in the country. It has agreed to work alongside
UAE-based conglomerate Al-Futtaim Group to conduct feasibility studies
and the potential of joint venture facilities.
Considering Project (New or Expansion) https://www.digitalstudiome.com/broadcast/30447-indias-largest-cinema-chain-operator-looks-to-saudi-arabia-uae-for-growth?utm_source=newsletter&utm_medium=email&utm_campaign=digitalstudiome_newsletters Nitin Sood Chief Financial Officer                    
7 Sep 2018 Aqarmap.com Aqarmap.com Egypt Cairo Cairo   Saudi Arabia Software & IT services Professional Services   Egypt-based Aqarmap, the operator of a real estate marketplace, has
closed an undisclosed funding round. The funding was led by Wamda
Capital, KISP Ventures, and Raed Ventures. The company stated that the
funding will be used to solidify its existing leadership position in
Egypt, grow its presence in Saudi Arabia, and expand into more markets.
New Funding/Resources for Expansion https://www.wamda.com/2018/09/egyptian-startup-aqarmap-raises-round-wamda-capital-kisp-raed-ventures Amad Almsaodi Chief Executive Officer                    
8 Sep 2018 Sarwa Sarwa UAE Dubai Dubai Africa|Middle East Egypt|Saudi Arabia Software & IT services Financial Services   United Arab Emiates-based Sarwa, which operates an automated investment
platform, has raised $1.3m in a pre-series A funding round. The funding
round was led by Middle East Venture Partners. The company stated that
the funding will be used to expand its services to the Middle East and
north Africa, with the main focus being placed on Saudi Arabia and
Egypt.
New Funding/Resources for Expansion https://www.thenational.ae/business/banking/robo-adviser-sarwa-plans-mena-expansion-after-funding-boost-1.766132 Mark Chahwan Chief Executive Officer mark.chahwan@sarwa.co   Nadine Mezher Chief Marketing Officer     Danny Jabbour Head, Wealth Advisory    
9 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                  
10 Aug 2018 Gulf International Bank (GIB) Gulf International Bank (GIB) Bahrain Bahrain Manama (Al-Manamah) Middle East Saudi Arabia Financial Services Financial Services   Bahrain-based Gulf International Bank, a multinational bank, has
announced plans to expand its presence throughout Saudi Arabia and the
wider Middle East region.
New Investment Strategy https://www.gib.com/en/gib-continues-progress-expansion-strategy-and-strengthening-ksa-presence Abdullah bin Hassan Alabdulgader Chairman     Abdulaziz bin Abdulrahman Al-Helaissi Chief Executive Officer            
11 Aug 2018 Revolution Precrafted Revolution Precrafted Philippines National Capital Region (NCR) Makati Africa|Middle East Egypt|Morocco|Saudi Arabia Business Services|Real Estate Professional Services   Philippines-based Revolution Precrafted Properties, an architect firm
which designs and delivers pre-crafted homes and pavilions, plans to
expand its operations in the Middle East and north Africa. The company
will focus its activities in Morocco, Egypt and Saudi Arabia.
New Investment Strategy https://www.arabianbusiness.com/property/401967-the-world-islands-eco-villas-developer-to-open-dubai-office Robbie Antonio Chief Executive Officer                    
12 Jul 2018 Crowd Analyzer Crowd Analyzer UAE Dubai Dubai Africa|Middle East Saudi Arabia Software & IT services Creative Industries   United Arab Emirates-based Crowd Analyzer, which operates a social media
monitoring platform to help clients understand and analyse people’s
feeling towards their brand, has received a pre-series A funding of
$1.1m led by Wamda Capital and includes Arzan Capital, Faith Capital,
and Raed VC. The company will use the capital to scale up the business
and expand its operations in Saudi Arabia and the wider Middle East and
north Africa region.
New Funding/Resources for Expansion https://www.wamda.com/2018/07/crowd-analyzer-secures-11-million-looks-scale-saudi-arabia-mena Ahmed Saad Chief Executive Officer     Bahaa Galal Co-founder            
13 May 2018 Airbnb Airbnb United States California San Francisco (CA)   Saudi Arabia Software & IT services Tourism   US-based Airbnb, a home rental service, has identified potential in
Saudi Arabia as the country progresses with its Vision 2030 plan to
diversify its economy and develop public service. The company has also
announced it will open a new office in Dubai, United Arab Emirates as
part of a wider expansion plan for the Middle East region.
Considering Project (New or Expansion) http://businessweekme.com/airbnb-upbeat-on-middle-east-growth/ Hadi Moussa General Manager (Middle East and Africa)                    
14 May 2018 AppCentrix AppCentrix South Africa Gauteng Centurion Middle East Saudi Arabia|UAE Software & IT services ICT & Electronics   South Africa-based AppCentrix, a managed ICT services company, has
devised a three year strategy that involves establishing a regional
foothold in the Middle East, first by penetrating the IT markets of
Saudi Arabia and the United Arab Emirates, while also working with local
systems integrators and their customers to deliver real-time value
through the managed service model.
New Investment Strategy http://www.intelligentcio.com/me/2018/05/21/south-africa-based-ict-services-company-expands-into-the-middle-east Omar Sati Executive Board Member                    
15 Mar 2018 Aspen Pharmacare Holdings Aspen Pharmacare Holdings South Africa KwaZulu-Natal Durban Middle East Saudi Arabia Food & Tobacco Food, Beverages & Tobacco   South Africa-based Aspen Pharmacare, which manufactures pharmaceutical
products, is planning to expand its infant milk formula business into
Saudi Arabia. It forms part of a wider growth strategy for the Middle
East.
New Investment Strategy https://www.argaam.com/en/article/articledetail/id/534290 Gus Attridge Chief Executive Officer                    
16 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                    
17 Jan 2018 Connect&GO Connect&GO Canada Quebec Montreal   Japan|Saudi Arabia Communications ICT & Electronics Sales, Marketing & Support Canada-based Connect&GO, a provider of RFID solutions, is considering
opening a new office in Japan or Saudi Arabia by the end of 2018.
Considering Project (New or Expansion) http://www.ledevoir.com/economie/actualites-economiques/513314/paiement-sans-contact-pour-itinerants Dominic Gagnon Co-founder dgagnon@connectngo.com +14189970355                
18 Dec 2017 Rotana Hotels Rotana Hotels UAE Abu Dhabi Abu Dhabi   Iraq|Saudi Arabia|Tanzania|Turkey Hotels & Tourism Tourism Construction United Arab Emirates-based Rotana Hotels, a hotel management specialist,
is planning to open 14 new hotels in the Middle East and Africa by the
end of 2018. The company will break into new markets including Saudi
Arabia, Turkey, Iraq and Tanzania.
New Investment Strategy http://www.constructionweekonline.com/article-47490-rotana-to-open-14-hotels-across-middle-east-by-end-of-2018/ Omer Kaddouri Chief Executive Officer                    
19 Dec 2017 Manazel Manazel UAE Abu Dhabi Abu Dhabi   Saudi Arabia Real Estate Construction   United Arab Emirates-based Manazel, a real estate developer, is planning
to expand its business into Saudi Arabia. It has identified significant
demand for middle-income housing segment in the region.
New Investment Strategy http://www.arabianbusiness.com/property/news/384342-uae-developer-manazel-announces-plans-to-expand-in-saudi-arabia Mohamed M. Al Qubaisi Chairman                    
20 Nov 2017 Softbank Softbank Japan Kanto Tokyo   Saudi Arabia       Japan-based SoftBank, a communications provider, plans to invest up to
$25bn in Saudi Arabia by the end of 2021. The company aims to deploy
$15bn in a new city called NEOM, which will be built to run entirely on
alternative energy. The company has confirmed that some of its portfolio
companies will open offices within NEOM. It also plans investments of as
much as $10bn in state-controlled Saudi Electricity Co as part of
efforts to diversify the utility into renewables and solar energy.
New Investment Strategy https://www.bloomberg.com/news/articles/2017-11-15/softbank-is-said-to-plan-up-to-25-billion-in-saudi-investments-ja146fd5 Masayoshi Son Chief Executive Officer mson@softbank.co.jp                  
21 Oct 2017 RAW Pressery RAW Pressery India Maharashtra Mumbai   Saudi Arabia|UAE Beverages Food, Beverages & Tobacco   India-based RAW Pressery, which delivers cold-pressed juices directly to
customers, has raised $6m in funding from existing investors, including
Sequoia Capital, Saama Capital and DSG Consumer Partners. The company
will use the new financing to bolster its expansion plans both
domestically and globally, with a special focus on west Asian markets
such as Saudi Arabia and the United Arab Emirates.
New Funding/Resources for Expansion   Anuj Rakyan Chief Executive Officer                    
22 Oct 2017 UAE Exchange Centre NMC Group UAE Abu Dhabi Abu Dhabi   Saudi Arabia Financial Services Financial Services Business Services UAE Exchange, a financial services provider and a subsidiary of United
Arab Emirates-based NMC Group, plans to expand its operations in Saudi
Arabia. The company is also considering acquisitions in the fintech
space to grow its business in the Gulf’s biggest market.
Considering Project (New or Expansion)   Promoth Manghat Chief Executive Officer, UAE Exchange                    
23 May 2017 Swvl Swvl Egypt Cairo Cairo   Pakistan|Philippines|Saudi Arabia Software & IT services|Transportation Transport Equipment   Egypt-based Swvl, provider of ride-sharing platform for emerging
markets, plans to expand to Saudi Arabia, Pakistan and Philippines by
2018. The company is seeking to establish a presence in emerging market
mega-cities where public transport is often inadequate for the
population.
New Investment Strategy   Mostafa Kandil Chief Executive Officer                    
24 May 2017 LuLu EMKE Group UAE Abu Dhabi Abu Dhabi   Saudi Arabia Food & Tobacco|Real Estate|Textiles Construction|Food, Beverages & Tobacco|Retail Trade Construction|Retail Hypermarket operator Lulu, a subsidiary of United Arab Emirates-based
EMKE Group, has identified Saudi Arabia as a target for its vast
expansion plans. As part of this, the firm claims they have invested
SR1bn so far, and intend to build around 20 new hypermarkets in Saudi
Arabia by 2020.
Considering Project (New or Expansion) https://www.argaam.com/en/article/articledetail/id/561016 Yusuff Ali M A Chairperson, LuLu Group     Saifee Rupawala Chief Executive Officer, Lulu     Ashraf Ali MA Executive Director, LuLu    
25 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) rmillar@lokring.com +441224878877                
26 Jan 2017 BroadbandTV (BBTV) BroadbandTV (BBTV) Canada British Columbia Vancouver   Egypt|Malaysia|Saudi Arabia|Singapore|South Korea|Taiwan|UAE|Vietnam Software & IT services Creative Industries   Canada-based BroadbandTV, an Internet broadcasting specialist, is
expanding its global footprint. The network is launching in Singapore,
Malaysia, Taiwan, South Korea, Vietnam, Saudi Arabia, United Arab
Emirates and Egypt. It will operate through a combination of teams at
its Vancouver headquarters and employees on the ground.
New Investment Strategy   Shahrzad Rafati Chief Executive Officer                    
27 Jan 2017 Bridg Bridg UAE Dubai Dubai   Egypt|India|Indonesia|Myanmar|Saudi Arabia Software & IT services Financial Services   United Arab Emirates-based Bridg, developer of a consumer-to-merchant
smartphone payment platform, is planning international expansion during
2017. The company is planning its next round of funding in order to
increase its domestic footprint and expand in Saudi Arabia, Egypt,
India, Indonesia and Myanmar.
New Investment Strategy   Moussa Beidas Co-founder     Nadim Jarudi Co-founder            
28 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                    
29 Aug 2016 Crane Worldwide Logistics Crane Worldwide Logistics United States Texas Houston (TX)   Saudi Arabia Transportation Transportation, Warehousing & Storage Logistics, Distribution & Transportation|Sales, Marketing & Support US-based Crane Worldwide Logistics, a full service logistics firm, is
considering opening a new facility in Saudi Arabia. The company recently
opened a warehouse in the UK and an office in Vietnam.
Considering Project (New or Expansion)   Gerard Ryan Vice President (EMEA)     John Magee Chief Executive Officer            
30 Aug 2016 Kilic Deniz Kilic Holding Turkey Turkey Mugla   China|Saudi Arabia Food & Tobacco Food, Beverages & Tobacco   Seafood producer Kilic Deniz, a subsidiary of Turkey-based Kilic
Holding, is planning overseas expansion. The company is considering an
IPO of its shares followed by an Asian expansion, possibly to China in
warm waters south of Shanghai. Kilic Deniz is also eyeing Saudi Arabia
with the government opening the Red Sea to foreign investment.
New Funding/Resources for Expansion|New Investment Strategy   Sinan Kiziltan Vice President, Kilic Deniz                    
31 Jul 2016 Merck Sharp & Dohme Merck & Co United States New Jersey Kenilworth (NJ)   Saudi Arabia Pharmaceuticals Life sciences Manufacturing Merck Sharp & Dohme, a subsidiary of US-based pharmaceutical major Merck
& Co, is considering establishing a factory in Saudi Arabia. The company
is currently exploring the feasibility of such a facility which would
manufacture vaccines and other pharmaceutical products.
Considering Project (New or Expansion)   Patrick Jordan Vice President (Saudi Arabia), Merck Sharp & Dohme                    
32 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                    
33 Jun 2016 Guvera Guvera Australia Queensland Robina   India|Russia|Saudi Arabia|United States Software & IT services Creative Industries   Australia-based Guvera, developer of a music streaming service, is
eyeing expansion in 10 countries including India, Russia, Saudi Arabia
and the US. The company plans to raise up to A$80m ($58m) via an IPO,
placing a focus on user and brand acquisition, user retention in
existing markets and expanding operations into select emerging markets.
New Funding/Resources for Expansion   Phil Quartararo Chairman                    
34 May 2016 Boxit Boxit Kuwait Al-Kuwait Kuwait City   Saudi Arabia|UAE Software & IT services Transportation, Warehousing & Storage   Kuwait-based Boxit, developer of an on demand storage app, has raised
$600,000 in seed funding led by Wamda Capital. The company will use the
investment to hire more staff, marketing, launching new boxes and
expanding beyond Kuwait. The company plans to launch in every city of
the United Arab Emirates and is eyeing an expansion to Saudi Arabia.
New Funding/Resources for Expansion   Premlal Pullisserry Co-founder                    
35 May 2016 Smaaash Smaaash India Maharashtra Mumbai   Saudi Arabia|UAE|United States Leisure & Entertainment Tourism   India-based Smaaash Entertainment, an operator of sports entertainments
centres, is raising Rs2bn ($29.54m) in funding from private equity
investors. The company will use the investment to fuel its international
expansion plans. It is eyeing openings in Minneapolis, Dubai and Jeddah.
New Funding/Resources for Expansion   Shripal Morakhia Founder     Sachin Tendulkar Co-owner            
36 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                    
37 Jan 2016 Gulf Aluminium Rolling Mill (Garmco) Gulf Aluminium Rolling Mill (Garmco) Bahrain Bahrain Manama (Al-Manamah)   Saudi Arabia|Vietnam Metals Industrial|Physical Sciences Maintenance & Servicing|Manufacturing Bahrain-based Gulf Aluminium Rolling Mill, a producer of aluminium and
aluminium products, is exploring the possibility of setting up a
subsidiary in Vietnam through its Singapore office. The proposed
subsidiary would be in partnership with Mitsui and have a processing
centre for coils and sheets. The firm is also considering setting up a
service centre in the Middle East, which would be located in either
Bahrain or Saudi Arabia.
Considering Project (New or Expansion)   Jean-Baptiste Lucas Chief Executive Officer                    
38 Aug 2015 Wijaya Karya (Wika) Wijaya Karya (Wika) Indonesia Java Jakarta   Saudi Arabia Building & Construction Materials |Real Estate Construction Manufacturing Indonesia-based Wijaya Karya, a construction specialist, has started to
win project contracts in Saudi Arabia. The company is especially
focusing its efforts on the hospitality sector and has been awarded the
construction contracts for a number of hotels. As part of the influx of
contracts, the company has indicated that it is considering establishing
a foreign investment firm in Saudi Arabia alongside a precast concrete
factory.
Considering Project (New or Expansion)|New Overseas Supplier Contracts   Destiawan Soewardjono Director, Operations                    
39 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
                   
40 Jun 2015 Emirates Foodstuff and Mineral Water Company (Agthia Group) Senaat (General Holding Corporation) UAE Abu Dhabi Abu Dhabi   Egypt|Saudi Arabia|Turkey Business Services|Food & Tobacco Food, Beverages & Tobacco|Professional Services|Retail Trade   Agthia, a subsidiary of United Arab Emirates-based Senaat, plans to
expand its operations in Egypt, Turkey and Saudi Arabia through a Dh200m
($54.45m) investment. The company has indicated that it expects to focus
on water in Turkey, business to consumer in Egypt and a variety of
select products in Saudi Arabia. A definitive time-frame has not yet
been decided upon, but the company has stated that it expects to enter
Saudi Arabia during the second half of 2015 and has not ruled out the
potential of acquisitions.
New Investment Strategy   Iqbal Hamzah Chief Executive Officer, Agthia                    
41 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
individuals.
New Investment Strategy   Michael Graham Senior Vice President, NetJets Europe                    
42 Oct 2014 Wysada.com Wysada.com Jordan Amman Amman   Saudi Arabia|UAE Consumer Products Consumer Goods   Jordan-based Wysada.com, an online home furnishings store, has raised
$5m in series A funding led by Badia Impact Fund and existing investors.
The company will use the funds to expand in the United Arab Emirates,
Saudi Arabia and domestically in Jordan. The funding is one of the
largest Series A rounds raised by an early-stage e-commerce startup in
the Middle East to date.
New Funding/Resources for Expansion   Mohammad Musleh Chief Executive Officer                    
43 Oct 2014 SunEdison SunEdison Inc (MEMC Electronic Materials) United States Missouri St Peters (MO)   China|Saudi Arabia Alternative/Renewable energy|Electronic Components Environmental Technology Electricity|Manufacturing Solar energy company SunEdison, a subsidiary of US-based MEMC Electronic
Materials, is reported to be in talks with a Chinese company for a new
polysilicon factory in China. The company could invest up to $2bn in the
facility which is expected to have a capacity of between 20,000 and
30,000 tonnes per year. The company is also considering setting up a
plant in Saudi Arabia. As part of a different strategy, SunEdison is
assessing the possibility of moving into building and operating power
plants.
Considering Project (New or Expansion)   Ahmad Chatila Chief Executive Officer                    
44 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
and Qatar.
New Investment Strategy   Abdulaziz bin Yagub Al-Serkal Chairman, Emirates District Cooling (Emicool)                    
45 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
sectors.
New Investment Strategy   M S Raghavan Chairman                    
46 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                    
47 Sep 2013 Alteem Alteem Bahrain Bahrain Isa Town   Saudi Arabia Electronic Components Energy   Bahrain-based Alteem, a supplier of electromechanical equipment for the
energy industry, plans to expand its international footprint into Saudi
Arabia. The expansion is part of a wider growth strategy which has also
seen the firm take steps to open an office in Oman.
New Investment Strategy   Husain Fateel General Manager                    
48 Sep 2013 HCL Infosystems Middle East and Africa (MEA) HCL Group India Uttar Pradesh Noida   Oman|Saudi Arabia Software & IT services ICT & Electronics   HCL Infosystems Middle East and Africa, a subsidiary of India-based HCL
Group is eyeing Oman as part of its strategy to penetrate the growing
GCC market. The IT systems integrator has expressed a specific desire to
penetrate Saudi Arabia also as part of its wider expansion strategy.
New Investment Strategy   Mohamed Faiaz Senior Manager, Business Development, HCL Infosystems Middle East and
Africa
                   
49 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                    
50 Jun 2013 Lockheed Martin Lockheed Martin United States Maryland Bethesda (MD)   India|Japan|Saudi Arabia|UAE Space & Defence Transport Equipment   US-based Lockheed Martin, one of the world’s top military contractors,
plans to increase its global presence in countries including the United
Arab Emirates, Saudi Arabia, Japan and India. The company will increase
its local operations as it looks to dominate Middle Eastern and Indian
markets.
Considering Project (New or Expansion)   Pat Dewar Senior Vice-President, Corporate Strategy and Business Development                    
51 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                    
52 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                    
53 May 2013 Gulftainer Crescent Group UAE Sharjah Sharjah   Russia|Saudi Arabia Transportation |Warehousing & Storage Transportation, Warehousing & Storage   Port operator Gulftainer, a subsidiary of United Arab Emirates-based
Crescent Group, plans to expand its operations in Russia and Saudi
Arabia. The company aims to enter the Saudi Arabian market and expand
its logistics operations in Russia by 2015 with a combined investment of
$500m.
New Investment Strategy   Badr Jafar Chief Executive Officer                    
54 Apr 2013 Globe Telecom Globe Telecom Philippines National Capital Region (NCR) Mandaluyong   Hong Kong|Italy|Japan|Saudi Arabia|Singapore|Spain|Taiwan|United
Kingdom|United States
Communications ICT & Electronics   Philippines-based Globe Telecom, which provides telecommunications
services, is mulling expanding its services to 10 to 12 more countries
to reach more Filipinos living and working abroad. The potential
destinations include Taiwan, Japan, Hong Kong and Singapore, as well as
the US, Saudi Arabia, the UK, Italy and Spain.
New Investment Strategy   Gil B Genio Executive Vice President                    
55 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                    
56 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                    
57 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                    
58 Dec 2012 Uno de 50 Uno de 50 Spain Comunidad de Madrid Alcobendas   Egypt|Russia|Saudi Arabia Consumer Products Retail Trade   Uno de 50, a Spain-based fashion jewellery and accessories brand, is
considering entering countries like Russia, Egypt and Saudi Arabia. The
company has recently decided to establish a presence in the US market.
New Investment Strategy   Alvaro Blanco Hortiguera Director, Commercial                    
59 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                    
60 Sep 2012 Masdar Mubadala Development UAE Abu Dhabi Abu Dhabi   Saudi Arabia Alternative/Renewable energy Environmental Technology   Green energy firm Masdar, a subsidiary of Mubadala Development, a wholly
owned investment vehicle of the government of the United Arab Emirates,
is looking into investing in Saudi Arabia. The company is proactively
seeking partnerships in the country but has declined to give any details
about the kind of project, or the investment capital under
consideration. The investment is dependent on factors such as the market
and the regulatory framework.
New Investment Strategy   Al Jaber Chief Executive Officer, Masdar                    
61 Aug 2012 RoundMenu RoundMenu UAE Dubai Dubai   Lebanon|Saudi Arabia Software & IT services Retail Trade   United Arab Emirates-based RoundMenu has announced that it has raised
$0.73m through venture capital company, HoneyBee Tech Ventures, which
will go towards expanding the company. The company has named Lebanon and
Saudi Arabia as its next two destinations. RoundMenu is an online
service that helps its users find and book restaurants, while offering
unique promotions.
New Funding/Resources for Expansion   Ihsan Jawad Co-Founder                    
62 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                    
63 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)                    
64 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                    
65 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                    
66 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                    
67 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                    
68 May 2012 Swiss-Belhotel Swiss-Belhotel Hong Kong Hong Kong Hong Kong   Egypt|Lebanon|Saudi Arabia Hotels & Tourism Tourism   Hong Kong-based hotel company Swiss-Belhotel is planning to more than
double its property portfolio worldwide, with a major focus on further
growth in the Middle East. The company is particularly eyeing
opportunities in Saudi Arabia, Lebanon and Egypt. It is currently
evaluating a number of possible locations in Saudi Arabia and is keen to
enter Lebanon. The company is also awaiting greater political stability
in Egypt where it would like to make its first entry in Cairo.
Swiss-Belhotel operates both wholly owned and managed hotels.
New Investment Strategy   Magdi Samman Regional Director (Middle East), Operations and Development                    
69 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
Dubai, UAE.
New Investment Strategy   Ricardo Villela Marino Chief Executive Officer (Latin America)                    
70 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
direct leases.
Considering Project (New or Expansion)|New Investment Strategy   Kate Swann Chief Executive Officer                    
71 Apr 2012 Christie + Co Christie Group United Kingdom South East (UK) London   India|Saudi Arabia Business Services Professional Services   Hospitality business property adviser Christie + Co, a subsidiary of
UK-based Christie Group, is looking to target growth in Saudi Arabia,
which it sees as a key market. It is also keen to unlock opportunities
in India, which it views as a market with enormous potential. Christie +
Co’s Middle East and north Africa office will target these expansions
for the company. Christie + Co provides advice to clients within the
hospitality, leisure, care and retail sectors.
New Investment Strategy   Gavin Samson Managing Director (Middle East and North Africa), Christie + Co                    
72 Apr 2012 Deyaar Dubai Islamic Bank (DIB) UAE Dubai Dubai   Saudi Arabia|Turkey Real Estate Construction Construction Property developer Deyaar Development, a subsidiary of the United Arab
Emirates-based Dubai Islamic Bank, is examining investment opportunities
outside the UAE. The company will examine markets including Saudi Arabia
and Turkey, with a focus on low and middle income residential projects.
Considering Project (New or Expansion)   Abdulla Al Hamli Chief Executive Officer                    
73 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                    
74 Mar 2012 Randon Randon Brazil Rio Grande do Sul Caxias do Sul   Iraq|Saudi Arabia Automotive Components Transport Equipment   Brazilian road transport products manufacturer Randon is seeking
partners to expand its operations in the Arab world, with Saudi Arabia
and Iraq on the radar. The company has not identified a country in which
to commence operations, but may favour Saudi Arabia, due to its
population and market size, or Iraq, once stabilised.
New Investment Strategy   Erino Tonon Vice President, Operations                    
75 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                    
76 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                    
77 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                    
78 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                    
79 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                    
80 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                    
81 Jan 2012 iRemit (i-Remit) JTKC Group Philippines National Capital Region (NCR) Makati   Japan|Saudi Arabia Financial Services Financial Services Business Services iRemit, the largest non-bank Filipino-owned remittance company, plans to
expand into new countries in 2012. The firm is attracted to Japan due to
the large Filipino population and the Japanese government’s recent moves
to liberalise its policies to accommodate non-bank money transfer firms.
The company is also taking steps to enter Saudi Arabia. iRemit is in
partnership talks with Saudi Arabia’s Bank AlBilad but no final
arrangement has been reached.
Considering Project (New or Expansion)|New Investment Strategy   Harris Jacidlo President, iRemit                    
82 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                    
83 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                    
84 Jan 2012 Optivite Anpario (Kiotech International) United Kingdom East Midlands (UK) Worksop   Egypt|Jordan|Saudi Arabia Food & Tobacco Food, Beverages & Tobacco   Animal nutrition company Optivite, a subsidiary of UK-based Anpario, has
signed new distribution agreements in Jordan, Saudi Arabia and Egypt,
continuing the company’s expansion in the Middle East. Optivite has
appointed Middle East Vet Drug store in Jordan, the Ali Ibrahim Al
Nasser Establishment in Saudi Arabia and EgyVet Care in Egypt, who are
authorised to distribute, market and support the company’s product range
in the region.
New Overseas Supplier Contracts   Mike Corbett Managing Director, Optivite                    
85 Jan 2012 Bayanat Airports Engineering and Supplies Bayanat Engineering Group UAE Abu Dhabi Abu Dhabi   Saudi Arabia Software & IT services Transport Equipment   Airport systems integrator Bayanat Airports Engineering and Supplies, a
subsidiary of United Arab Emirates-based Bayanat Engineering Group, is
exploring a possible expansion in Saudi Arabia and is considering
establishing a presence in the country. The company considers Saudi
Arabia to offer significant growth opportunities in the area of aviation
infrastructure, given the levels of investment in airport expansions.
Considering Project (New or Expansion)|New Investment Strategy   George Hannouche Chief Executive Officer, Bayanat Airports Engineering and Supplies                    
86 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                    
87 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                    
88 Dec 2011 Fairmont Hotels & Resorts Fairmont Raffles Hotels International Canada Ontario Toronto   Azerbaijan|Saudi Arabia|UAE Hotels & Tourism Tourism   Fairmont Hotels and Resorts is looking at hiring up to 3000 people to
staff hotels opening between now and 2013. The Fairmont Palm Jumeirah in
Saudi Arabia opening at the end of 2012, and the Fairmont Fujairah in
the United Arab Emirates launching in 2013, will require more than 800
new recruits between them. The company is also looking at hiring up to
2000 workers for new hotels that are planned for Riyadh in Saudi Arabia
and Baku in Azerbaijan. The US hotelier is ramping up its expansion
outside of its home market in a bid to capitalise on the lucrative
Middle Eastern travel sector, with ten properties under operation in the
MENA region and four under construction.
New Investment Strategy   Mohammed Hassan Arkobi Vice-President (Saudi Arabia), Fairmont Hotels & Resorts                    
89 Dec 2011 Google Google United States California Mountain View (CA)   Saudi Arabia Software & IT services ICT & Electronics Sales, Marketing & Support US-based search engine giant Google is considering opening an office in
Saudi Arabia. In December 2011 the company announced that it was
considering opening offices in the Middle East and north Africa and has
identified Saudi Arabia as a likely destination.  It is already active
in the country and is in the process of creating a platform for
interaction where Saudi residents can ask questions to the Minister of
Education. Google also plans to expand its offices in Dubai and Cairo,
adding 50 staff in the Middle East and north Africa region in 2012.
Considering Project (New or Expansion)   Carlo d’Asaro Biondo Vice President (Southern and Eastern Europe, Near East, Africa)                    
90 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                    
91 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                    
92 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                    
93 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                    
94 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                    
95 Nov 2011 Micro-Star International (MSI) Micro-Star International (MSI) Taiwan Taipei New Taipei City   Australia|China|India|Indonesia|Japan|Malaysia|Saudi Arabia|South
Korea|Thailand
Business Machines & Equipment ICT & Electronics   Taiwan-based Micro-Star International, a manufacturer of laptops, PCs,
graphics cards and motherboards, is keen to expand its notebook division
in emerging markets. The company’s regional presence will grow in
countries such as China, Japan, Korea, Australia, Thailand, Malaysia,
Indonesia, India and Saudi Arabia.
New Investment Strategy   Steven Chen Director (Greater APAC, SEA, India and MEA), Sales, Notebook Division                    
96 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                    
97 Oct 2011 GT Advanced Technologies (GT Solar) GT Advanced Technologies (GT Solar) United States New Hampshire Merrimack (NH)   Saudi Arabia Industrial Machinery, Equipment & Tools Industrial   US-based GT Advanced Technologies has won a contract worth $47.7m to
supply polysilicon production equipment and technology to Polysilicon
Technology Company (PTC) in Saudi Arabia. The order is GT Advanced
Technology’s first from a company based in Saudi Arabia and is the only
active polysilicon production project in the Middle East at this time.
Delivery of equipment is expected to begin in the latter half of 2012
with completion scheduled for the end of the year.
New Overseas Supplier Contracts   Dave Keck Vice President                    
98 Oct 2011 Fenland Leisure Products Fenland Leisure Products United Kingdom East of England Wisbech   Saudi Arabia|UAE Consumer Products   Construction UK-based Fenland Leisure Products, a provider of playground equipment as
well as military training equipment, has secured a lucrative contract to
supply military equipment in the United Arab Emirates and Saudi Arabia.
The company is hoping that the contract win will open new markets for
it.
New Overseas Supplier Contracts   Andrew Sparrow Managing Director                    
99 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                    
100 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                    
101 Oct 2011 Eshraq Properties Eshraq Properties UAE Abu Dhabi Abu Dhabi   Saudi Arabia Real Estate Construction   United Arab Emirates-based property development company Eshraq
Properties plans to enter the Saudi Arabian real estate market by 2016.
The company currently operates in the UAE and regards demand in Saudi
Arabia to be strong.
New Investment Strategy   Salah bin Nasra Chairperson                    
102 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                    
103 Sep 2011 Mercury Middle East Mercury Engineering Ireland Ireland Dublin