Kuwait Finance House's CEO (KFH) Mohammed Al-Omar stressed that KFH's external expansion has made it a center point for major global corporations, which seek to cooperate with it in various fields. This is due to the consecutive achievements that made KFH a global Islamic banking symbol.
During a meeting between Al-Omar, the CEO of a International Enterprise Singapore, Mr. Chong Cheong, its manager in the Middle East Eng. Fairouz Sedky and Assistant General Manager for Investment at KFH Abdul Nasser Al-Subeih, Al-Omar explained that partnership is one of the characteristics of KFH's strategy during global changes. In addition to that, Singapore has become one of the key countries for KFH after KFH started operating in it a few months ago, backed by KFH-Malaysia, which has also become a link that ties KFH's successes in Kuwait to the future plans of East Asia.
Al-Omar added that the East Asian zone has managed to become one of the important financial centers worldwide, like Japan, China, Hong Kong, Indonesia, Australia and other countries. This has attracted KFH to these markets, where it seized prime investment opportunities, whether by the investment sector in Kuwait or KFH-Malaysia. He said that KFH entered the Asian market after extensive studies with limited risks to secure investments in that area.
On the other hand, the Singaporean CEO Mr. Chong Cheong praised his meeting with KFH, which occurred during a trip to the Middle East, and said that his agency welcomes its cooperation with KFH in various projects, whether in Singapore or other countries.
The International Enterprise Singapore is a pioneer in development projects and is supervised by the Singaporean Ministry of Commerce and Industry. Furthermore, it seeks to reinforce the economic growth in Singapore through various vital projects in more than 30 countries around the world in various fields that include education, health, architectural, real estate, transportation, information technology engineering,, environmental, communications, food and financing projects.