Business | Investment
Kuwait's GHC unveils Signature Series
Kuwait-based Gulf Holding Company (GHC) yesterday unveiled its new business model based on its `Signature Series' consisting of an existing portfolio of $900 million worth investment products across realty and infrastructure sectors.
- Staff Report
- Published: 00:00 September 20, 2006
Dubai: Kuwait-based Gulf Holding Company (GHC) yesterday unveiled its new business model based on its 'Signature Series' consisting of an existing portfolio of $900 million worth investment products across realty and infrastructure sectors.
Senior GHC officials said that the company plans to consolidate and enhance its position in the short to medium term in the regional realty market, which has the potential to grow to $1 trillion by 2015. In the long-term, GHC will actively diversify into other emerging sectors and markets, through a holding company format.
GHC, which is a smart and forward looking holding company that boasts of a diversified and optimised investment portfolio, also announced the appointment of KEO International as the project manager for its flagship project, Villamar@the Harbour, within the Bahrain Financial Harbour (BFH) on Monday at the ongoing Kuwait Property Exhibition.
Launched in November 2005 GHC is a Sharia-compliant company jointly promoted by Bayan Investment Company and Gulf Finance House (GFH).
More from Investment
More from Business
Business Editor's choice
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery
-
Banks can increase their share
Longer opening hours, more locations outside cities and lower charges can help
-
Geepas idea blossomed in Dubai
The journey led from a small shop in Bahrain to a $1.27b company in the UAE
