Archives for Press Releases

Al-Nahedh: KFH Supports KMC to Execute Development Projects, Al-Shalfan: USD 750 Mln KMC’s Projects Size in Kuwait, GCC

Kuwait, November 12th 2016: KFH-Group CEO, Mazin Saad Al-Nahedh stressed the importance of the strategic diversification of KFH businesses, indicating KFH general strategy aims to achieve strong performance and sustainable profitability. KFH supports The Kuwaiti Manager Holding Company (KMC) and its subsidiaries to efficiently take part in executing the development projects in Kuwait and the GCC in efforts to achieve further construction and civilizational boom.

Al-Nahedh expressed his confidence that KMC Holding has great growth potential, especially in light of its global consortiums and distinguished performance. The company has milestone achievements in Kuwait and the GCC, which allows it to be a key player in executing several mega projects. The company has First Class Rating from the Central Tenders Committee (CTC), and it obtained International Organization for Standardization certificate (ISO 9001: 2000).

Meanwhile, Mohammed Al Shalfan, General Manager-KMC Holding stated that the company endeavors to expand its businesses in activation of its ambitious plans and income diversifications, not to mention the comprehensive services that include construction, project management etc.

Building on 20 years of success, KMC Holding projects size is worth USD 750 million in Kuwait and the GCC. The company executes every real estate and construction project as per international standards and in line with highest levels of quality, which qualifies it to participate in the country’s development projects. He hailed KFH’s support to the company’s businesses which is a motivation for further expansion and growth.

“Despite the fierce competition in contracting projects and construction sector, KMC Holding is currently executing a number of distinguished projects in Kuwait, most prominently, the National Museum of Kuwait project that is expected to be concluded Q2 2017, the Headquarters of Ministry of Awqaf & Islamic Affairs, public and service buildings in Wafra in addition to many other projects.” Added Alshalfan.

He said that the company is executing several projects in the GCC market including many construction and development projects in Bahrain, Saudi and Oman indicating that the company had concluded the construction of many hotels in Kuwait and the GCC.

He noted that KMC Holding owns many companies: KMC Project Management, KMC Contracting, KMC Electromechanical, KMC Readymix, KMC Building Materials and KMC Real Estate.

Read more

The gulfBID 2015 Exhibition

KMC Holding are excited to announce that we will be a strategic sponsor of the gulfBID 2015 Exhibition.

The renowned Exhibition will be held under the patronage of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa. Held annually, by HCE, gulfBID is being staged from May 12 to 14 at Bahrain International Exhibition and Convention Centre, and is the specialist regional construction and building material exhibition for the most influential architectural, engineering and design communities of Saudi Arabia, Bahrain, Kuwait and Qatar.

Read more

The Bahrain Award for Entrepreneurship – People Choice Award

 

KMC are proud to announce that we have been selected as a semi-finalist for The Bahrain Award for Entrepreneurship in the category of ‘Large Company’. The category was established to celebrate the excellence of large enterprises and recognising their contribution to Bahrain’s economy, community and environment.

Being a semifinalist automatically entered us in to the People’s Choice Award which is voted for by the public; voting has already started and ends on 21st February at 1.00pm (please click on the link below to register your vote)

 

http://bahrainae.com/peoples-choice-award-2/

 

Wish us luck – we have some stiff competition in our group!

 

Thank you for your continued support.

Read more