Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait - Al Mazaya outlines 2014 strategic plan from new HQ   Join our daily free Newsletter

MENAFN - Arab Times - 14/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) Al Mazaya Holding Company has announced its fulfillment of several achievements in 2013, laying foundation for strong growth and development in the year to come. Engineer Ibrahim Al Saqabi, CEO of Al Mazaya Holding Company, said that the company has taken some concrete steps already at the beginning of 2014, the first of which was to move to its new headquarters within Al Mazaya Towers, located in the heart of Kuwait City, ensuring a new environment within one of the towers which the company prides itself on having developed, managed and equipped to the highest international levels of technology, communication and internet services required by top-tier companies in the present day. Al Mazaya is taking over four floors including meeting rooms, lounges to receive investors, multi-purpose halls that fit different operational activities, and comfortable offices for the company's administrative and executive staff



He added that the company's move to the tower enhances its confidence in its own real estate products distinguished by their strategic geographical location and architectural design and the high quality interior and exterior finishes, which reflect the company's strong capabilities and potential to implement such pilot projects. In the same vein, Al Saqabi confirmed that the presence of Al Mazaya in its towers would improve the value and quality of the real estate services offered by the company to its tenant customers in all its towers, especially since the company has launched its real estate asset management service, after its success across the Arabian Gulf



He also pointed out to a number of other achievements that would support Al Mazaya's steps towards the implementation of the company's strategic plan for the coming years, after it has recently finished restructuring its administrative staff in collaboration with an international company, thus establishing a new organizational structure for the company that includes a comprehensive change in the titles, salaries and incentives of the employees in line with the latest international standards. This step also included the appointment of new highly experienced and staff to meet the needs of the company in the next period



Al Saqabi also spoke about other achievements, including the sale and swap processes concluded by the company through its subsidiary in Dubai, which resulted in strong profits disclosed earlier, and which will be to be listed within the profits of the company during Q4 of 2013. Al Mazaya has also launched its new website, www.mazayaholding.com, with the latest and best tools of digital technology to reflect the size and operations of the company as well as to enable all users to take advantage of its contents - that go beyond the company's news to include real estate, investment and financial market news in general, and monthly reports that include the latest real estate statistics and analyses in Kuwait and the region



Al Saqabi concluded by saying that the company has not overlooked the importance and power of modern marketing tools. It has sought to be present in all global social networking sites in order to ensure that its real estate services and industry knowledge can be available to the largest segment of users of these sites, and to continue to present Al Mazaya's work to the industry and the region




 


Arab Times




  MENA News Headlines
 Mar 2 2015 - Oman's Napco plans USD18.11m capacity expansionMENAFN
(MENAFN) National Aluminium Products Co (Napco) plans to spend USD18.11 million to boost its capacity to basically increase volumes and market share, Muscat Daily reported.The company will install ...

 Mar 2 2015 - Dubai's real estate investors shift to low cost UK propertyMENAFN
(MENAFN) Dubai real estate investors are now among the largest groups of abroad nationals purchasing low-cost investment property in the UK, according to a new property survey, Arabian Business ...

 Mar 2 2015 - Etihad-staked Air Serbia logs USD3.02m net profit in 2014MENAFN
(MENAFN) Air Serbia, in which Etihad Airways holds a stake of 49 percent, logged a net profit of USD3.02 million for 2014, Arabian Business reported.In its first year of operation, Air Serbia logged ...

 Mar 2 2015 - Dubai's Abraaj invests USD145m in North Africa healthcareMENAFN
(MENAFN) Dubai-based private equity firm Abraaj Group is set to lead an investment of USD200 million in the new North Africa Hospital Holdings Group (NAHHG), Arabian Business reported.The firm, ...

 Mar 2 2015 - Egypt received USD23b aid from Gulf in 18 monthsMENAFN
(MENAFN) Egypt received USD23 billion in aid from Saudi Arabia, the UAE and Kuwait in the 18 months since former President Mursi was ousted, Investment Minister said, Reuters reported.According to ...

 Mar 2 2015 - Arab world's healthcare sector wastes USD40b annuallyMENAFN
(MENAFN) Half of the estimated USD80 billion annual governments spending on health care sector in the Arab world are going to waste due to widespread inefficiencies, a Dubai health official said, The ...

 Mar 2 2015 - Zain KSA records USD293.16m EBITDA growth in 2014MENAFN
(MENAFN) Zain KSA posted improved financial results hitting USD293.16 million in EBITDA in 2014, up from USD237.19 million in 2013, marking 24 percent increase, Saudi Gazette reported.Zain's net ...

 Mar 2 2015 - Egypt to attract USD8b of foreign direct investment in this fiscal yearMENAFN
(MENAFN) Egypt is forecast to receive a sum of foreign direct investment worth USD8 billion in this financial year, marking an increase from the USD4 billion last year, Reuters reported.The Egyptian ...

 Mar 2 2015 - Qatar, Mitsubishi to sign USD1.09b hydroelectric dealMENAFN
(MENAFN) State-controlled Qatar Electricity and Water Company (QEWC) is set to sign a USD1.09 billion contract to build the Gulf country's largest power and water plant to Mitsubishi, Emirates 24\7 ...

 Mar 2 2015 - Egypt's Edita eyes USD262m initial offerMENAFN
(MENAFN) Egyptian food maker Edita is considering an initial offering of about USD262 million the Cairo bourse, Reuters reported.According to sources, trading is forecast to start at the beginning of ...

more...


 






Google

Electronic & Mobile Payment

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help