Outlook 2017: Ahmed Alkhoshaibi, Group CEO, KBW Investments
The outlook for 2017 for the KBW Investments portfolio companies looks promising. Specific categories in our construction-oriented ventures are already heavily engaged for the next two to three years depending on which segment were looking at – with large-scale projects that have already broken ground.
Currently, with the existing confirmed projects, contracting, engineering and architecture are projected to be KBWs biggest profit-drivers.
Early Q1, KBW Investments will be announcing two new endeavors that will significantly impact our corporate landscape internally, and externally will substantially increase our level of market penetration and diversify the business.
Over the course of 2016, KBW was extremely active across almost every segment. In 2017, we will be building on that momentum by focusing on the new entities in the Group including Grayscale Interiors in fit-outs, KBEC in MEP, Ascorel Middle East in heavy machinery safety technology, and our various on-going projects such as the PPP with Dubai Courts and the Novotel Sharjah Expo.
This, together with our upcoming announcements, will propel the Group into what we consider a very advantageous positioning.
