رئيس مجلس إدارة شركة الصفاة للاستثمار الكويتية لـ CNBC عربية: نتائج عام 2023 استثنائية بسبب عملية الاندماج مع "كاب كورب"

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Watch رئيس مجلس إدارة شركة الصفاة للاستثمار الكويتية لـ CNBC عربية: نتائج عام 2023 استثنائية بسبب عملية الاندماج مع "كاب كورب" - CNBCArabia on Dailymotion

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00:00Of course, the financial results of Al-Sifat in 2023 were exceptional compared to the integration process

00:09The integration process earned more than 5 million dinars

00:13But the specializations that will be reflected, I expect, in a positive way

00:17in terms of the rights of the contributors in the coming period

00:20That's why the results were announced with less than the profits earned by the integration process

00:26But we see, as the Board of Directors and after studying all the company's principles

00:32that the specializations that were taken at the end of the financial data in 2023

00:39will be reflected, God willing, in a positive way in the future of the company's financial data

00:44What are the most important sources of income and revenues for Al-Sifat?

00:48I mean, what are the most important securities for the company?

00:51Of course, the sectors of Al-Sifat are different

00:55Perhaps, the most important is the real estate sector

00:58And, of course, we have the industrial sector

01:00And some exports that were made at the level of the industrial sector were announced

01:06And there may be announcements during the current year

01:11In addition to some different fields, we have foreign assets

01:15We have some assets that have been acquired from the integration process

01:20Some of them are in the field of IT

01:23Some of them are in the field of investment vaults in the Kingdom of Bahrain and other countries

01:29So, today, the Board of Directors is in a hurry to re-evaluate these principles

01:33and re-formulate them in a positive way

01:35Also, we are looking for new positive opportunities in the field of the real estate sector

01:42Are there specific plans for 2024?

01:45You mentioned that there will be some exports as well

01:48That's right. There will be exports in some areas

01:51And, of course, there will be more opportunities

01:54We are talking about any sectors

01:56Perhaps, we are focusing on the real estate sector at the moment

01:59And, of course, this is not less important than the education and health sector

02:02Also, we have a desire for Al-Sifat to be present in the field of education and health

02:09After the integration with Capcor

02:11Are there any plans for other integrations or acquisitions for the coming period?

02:15Honestly, we are studying many opportunities

02:17In the market, if we summarize the investment sector

02:22As a size of companies, it is less than 5 billion

02:25Compared to the size of the market, it is less than 10%

02:29Opportunities are almost competitive

02:33There are many opportunities for acquisitions or integrations

02:38And, God willing, we will be successful this year

02:43And, God willing, we will be successful this year

02:51This reflects a positive value for the contributors directly

02:56And, God willing, for the market indirectly

02:59Looking at the Kuwaiti market and the results of the first quarter companies

03:04How do you see the impact of this on the market performance in the coming period?

03:08Especially with all the developments that we are witnessing

03:11Thank you for the question, Najwa

03:13The results are positive

03:15If we look at the results of the banks

03:17The banks form the larger size of the market value

03:21All the results were positive

03:23In terms of the consequences, the results of the companies had a positive impact

03:28When we compare the Kuwaiti market with the Gulf markets

03:33We see that the P.E. in the Kuwaiti market is not more than 25%

03:37If we compare it with the Saudi market, it is more than 80%

03:40In the Dubai market, it is more than 30%

03:43This means that the Kuwaiti market has lower prices compared to the Gulf markets

03:49This reflects that there is an opportunity for foreign investors

03:54And local investors to look at the Kuwaiti market in general

04:01Without specializing in a specific field

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