الرئيس التنفيذي لشركة بيت الاستثمار الخليجي الكويتية لـ CNBC عربية: لدينا استثمارات متنوعة في بلدان الخليج ونركز على القطاع الصناعي والترفيه

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Watch الرئيس التنفيذي لشركة بيت الاستثمار الخليجي الكويتية لـ CNBC عربية: لدينا استثمارات متنوعة في بلدان الخليج ونركز على القطاع الصناعي والترفيه - CNBCArabia on Dailymotion

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00:00 The Gulf Investment Bank, thanks to God, also has investments in Kuwait in the industrial sector.

00:06 And thanks to God, it has achieved excellent performance.

00:10 Likewise, the entertainment sector in Kuwait has also achieved excellent results last year.

00:21 Today, we are in a new era and a new era. We hope that the state will pay attention to the industrial sector.

00:32 This industrial sector will produce jobs and will bring dollars through exports.

00:40 We ask for the attention of the state to the export sector and to create opportunities for Kuwaiti workers.

00:54 Your profits grew by more than 200% in 2023, yet there was no distribution. What are the reasons?

01:02 In the beginning, all these profits were the result of a great effort by the Executive Board of the Gulf Investment Bank.

01:11 Regarding the distribution of profits, we are accepting a great blessing.

01:16 This year and the coming years, the Gulf Investment Bank was built to be a source and a factor in the continuity of profits.

01:29 We hope that as soon as we reach this point, there will be continuity in the distribution of profits.

01:35 What are the most important industries that you work in?

01:40 The most important investment is the industrial sector in Kuwait represented by Afkar.

01:46 We own about 60% or more than 60% of the industry in Kuwait and the Kingdom of Saudi Arabia.

01:55 We also invest in the real estate sector in the Kingdom of Saudi Arabia and the UAE, specifically in the Dubai region.

02:03 I would like to mention the company Inovust in Bahrain.

02:06 This is the source of the Gulf Investment Bank, by God's will, through one of its main investments in the city of Khobar, Saudi Arabia.

02:14 It has about a million square meters on the sea in a prime location.

02:20 It was signed with one of the largest companies in the eastern region to develop this land by building streets, hotels, and malls.

02:29 We ask God's blessing for us as the biggest contributor to Inovust and the other contributors in this company.

02:36 We expect the continuous growth of this company, by God's will.

02:41 We would also like to mention that Inovust distributed its profits last year, which were not distributed since 2011.

02:52 This is the policy of the Board of Directors of the Gulf Investment Bank and its subsidiaries, to be the manager of the Gulf Investment Bank.

03:00 This reflects all the contributors to the Gulf Investment Bank.

03:04 My last question is that you have launched a strategy to turn it into a holding company.

03:12 How much does this strategy focus?

03:15 Excellent.

03:16 Of course, we used to have an investment sector and its assets in the investment sector through the establishment of bonds.

03:26 However, after the changes and some of the things we see as a vision in the Gulf Investment Bank, led by the Board of Directors,

03:33 we see that the Gulf Investment Bank is turning into a holding company that has assets in operating sectors that will benefit it in the end.

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