09 Nov 2010
(MENAFN) Al-Sayer Automobile Dealers Group inaugurated a Kuwaiti investment project for establishing a plant specialized in producing installation equipment on an area exceeding 25,000 square meters in Turkey, Kuna reported.
The plant, specialized in producing building and construction materials and installation equipment, is fully owned by the Cimex international which is an affiliate of Al-Sayer Group and it is the first Kuwaiti project established in Turkey.
The opening ceremony was attended by Turkish Minister of Industry and Trade Nihat Ergun, dean of of diplomatic corps in Turkey, the Kuwaiti ambassador in Ankara Abdullah Al-Thuwaikh, Al-Sayer Group Chairman Nasser Mohammad Al-Sayer and number of the members of the group’s board as well as Aksaray’s governor and other Turkish officials.
Minister Ergun said in his address before the ceremony that this project is a fundamental addition to the Kuwaiti investment in Turkey that is mostly focused on the banking and retail sales, calling on diversifying such investment in order to include other vital sectors like industry.
The Turkish minister also expressed hope that Simex International plant in Turkey will attract more Kuwaiti investment in the industrial sector as it is one the fastest growing economic sectors in the country along with its guaranteed investment revenues.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more