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Al Qurain Holding general assembly 2008

Profits and EPS for 3rd quarter of 2008

Profit K.D 3,488,773
EPS Fils 5.95

Nine months as 30-9-2008

Profit K.D 4,920,680
EPS Fils 8.39


 


  About us>> CEO statement




       On behalf of Al-Qurain Holding’s management and staff, I would like to welcome you to our company’s official website where you will find useful information about the company and its activities. I would also like to extend my thanks and appreciation to our shareholders for their continuous support and devoted confidence. Our most recent accomplishments are a reflection of our strong ties with them, which we are keen to reinforce. 

       In line with our Company’s future vision, featuring innovation and progress, we have launched our new corporate identity. A new name, innovative logo, and creative identity characterize the Company’s new vision to be a leader in the investment arena, on both local and regional levels. Moreover, The company has achieved substantial profits from exiting most of its investments in Iraq realizing profits of KD 4.5 million. Another major accomplishment during 2007 was the capital recall of the company to a current paid up capital of KD 59,297,354 providing additional financial means to pursue the company’s growth and development strategy. 

       Al-Qurain Holding Company has achieved strides ahead that were instrumental in accomplishing its short-term objectives. Its integration to Al-Zumorrodah Holding Group, one of the largest and most diversified business groups in Kuwait, facilitated its penetration into new markets with promising investment opportunities. 

       In conclusion, I would like to extend our appreciation and gratitude to His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Amir of the State of Kuwait, and His Highness Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, Crown Prince, for their constant patronage and support. I would also like to extend our thanks and appreciation to our shareholders, management and employees for their sincere efforts.

Sincerely,
Shahanaz H.Qabazard, CEO