Dr. Abdulla Al Humaidi, the CEO of Kuwaiti European Holding Company, is widely recognized as one of the most capable and experienced entrepreneurs in the world. His long-term goal and vision are to transform a small Middle Eastern country into a major oil exporter. Currently, the company is based in Kuwait, Al Kuwayt, where Dr. Abdulla Al Humaidi enjoys a strong business network that consists of leading banks and financial institutions. The journey of this famous entrepreneur began in 2021 when his business began in Kuwait.
In the past few years, the company has grown rapidly in terms of the number of clients they serve and the products they export to key customers in Europe, the USA, Asia, Australia, Canada, and even to some developing countries such as India and China. During this time, led by Abdulla Al Humaidi, the company also acquired a second-largest stake in the Kuwaiti Arab Petroleum Investment Corporation (KAPIC), a highly regarded oil company owned by the Kuwaiti government. The CEO of Kuwaiti European Holding has made it clear that he is looking forward to expanding the partnership with the recently acquired firm and seeing it grow globally, targeting new markets as well as increasing revenues.
Dr. Abdulla Al Humaidi stated, “This is a very important acquisition for us as it allows us to expand our business in Egypt and also in the other Middle East countries such as UAE and Qatar.” The CEO of Kuwaiti European Holding Company believes that this acquisition will only strengthen their position in the Middle East and strengthen their ability to increase revenues in Europe and Asia. The CEO of Kuwaiti European Holding Company, Dr. Abdulla Al Humaidi, stated “This is another example of how we are looking to expand our business in Egypt and also expand our presence in the Middle East, through several strategic investments. This transaction will enable us to access the markets in Egypt and also expand our clientele in the Gulf region.”