Dr. Sulaiman Al Fahim Chief Executive Officer of Hydra Properties said:
'We were very pleased to have participated in this very important exhibition which has paved the way for new opportunities in Kuwait's real estate investments and developments. It has provided us with a wonderful platform for networking and a chance to build solid relationships with new partners and investors and has also provided us with an excellent chance to showcase our projects to the Kuwaiti audience.'
The company's Kuwaiti activities include the recently announced partnership agreement signed between Hydra Properties, Kuwait-based Al-Aqeelah Leasing, Finance and Investment Co., and Tassameem Real Estate Co., which gave birth to the launching of Hydra-Al-Aqeelah Development Co., established with the aim to develop the Aqeeq Al-Marina, a mega real estate venture in the region, located at Kuwait's resort city of Khairan.
Commenting on this partnership, Dr. Al Fahim said: 'We see this strategic partnership with Al-Aqeelah and Tassameem as a major step for our Kuwaiti début for they are well known partners with sound financial power and excellent technical expertise in this booming market across the GCC and the Middle East region.'
'We are confident that the regional construction boom will continue for a number of years as construction projects in the region have today reached over $1,207bn, according to expert estimates. We as a property developer are always seeking to expand on both regional and global levels; our presence in Kuwait is a well studied step, reflecting the importance of the Kuwaiti real estate and construction market,' Dr. Al Fahim explained.
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Posted by Anne-Birte Stensgaard, Senior News Editor


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