By Amr Adel
Manama-Bahrain: Kuwait Finance House (KFH) plans to expand in Saudi Arabia and Egypt in the next year, said CEO Mazin Al-Nahedh.
On the sidelines of the World Islamic Banking Conference 2015, held recently in Bahrain, Al-Nahedh told Mubasher that there are several investment opportunities in Egypt and Saudi Arabia, given that they are of the biggest economies in the region.
"We have expansion projects, and most of which are still under study. We also aim to expand in the Middle East over the next period," the CEO said.
However, he ruled out undertaking any new activities, noting that KFH will continue focusing on its core business and strategy to achieve sustainable profits.
Translated by Abdul Maguid Aboshahla
