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Strategic Holdings Companies
Strategic Holdings Companies
As major shareholders in leading companies, our investment portfolio includes SIEMENS KUWAIT, SIEMENS ENERGY KUWAIT, Nokia Solutions And Networks Kuwait W.L.L., Independent Petroleum Group (IPG) Kuwait, and INNOMOTICS. These companies represent diverse sectors, from energy and technology to petroleum and innovation. SIEMENS KUWAIT and SIEMENS ENERGY KUWAIT contribute significantly to Kuwait’s infrastructure and energy sectors, while Nokia Solutions And Networks Kuwait W.L.L. plays a pivotal role in telecommunications. IPG Kuwait holds a prominent position in the petroleum industry, and INNOMOTICS leads in innovative solutions. Through our strategic shareholding, we demonstrate a commitment to fostering growth and innovation across various sectors of the economy.
SIEMENS KUWAIT (Siemens Industrial Business Co. for Electrical and Mechanical Contracting WLL)
Siemens has been a strategic partner to the Middle East for more than 150 years, and actively engaged in Kuwait for over six decades. We align our commitments and business strategies with the Kuwait Vision 2035 and the UN Sustainable Development Goals (SDGs). Siemens is a trusted infrastructure and digitalization partner in Kuwait. We are active in core digital technologies such as additive manufacturing, artificial intelligence, augmented reality, machine learning, blockchain, and IoT-based applications.
Siemens Energy Kuwait For Power Services K.S.C.C
Siemens Energy is a key player in Kuwait’s energy sector, blending conventional and renewable technologies with digitalization for oil, gas, power generation, and transmission. With a legacy of over 50 years in Kuwait, the company has constructed and maintains crucial power infrastructure, contributing 4,100 MW to the nation’s total power output. Siemens technologies power 22% of Kuwait’s generation and support 70% of its transmission and distribution capacity. Beyond technological prowess, Siemens Energy actively promotes sustainable development in Kuwait, emphasizing local job creation and skill development. Globally, Siemens Energy, with €27 billion in revenue and 88,000 employees, influences 20% of the world’s energy supply through its cutting-edge technology.
Nokia Solutions And Networks Kuwait W.L.L.
Founder and main shareholder in Nokia Networks, agent and the sole representative of Nokia’s network activities in Kuwait.
Independent Petroleum Group (IPG) Kuwait
Founder and major shareholder, IPG is a world wild petroleum products trading company. listed in Kuwait Stock Exchange.
INNOMOTICS (Siemens Large Drives Company for Repair and Maintenance of Light and Heavy Equipment W.L.L. Kuwait)
With a trusted legacy of more than 150 years of engineering expertise, Innomotics is the backbone of reliable motion for industries and infrastructure worldwide. Innomotics unites the power of deep engineering expertise and leading innovation in electrical solutions across industries and regions. By combining our most efficient products and proven expertise with groundbreaking innovation, we persistently scale up industrial efficiency, electrification, sustainability, and digitalization. On the large scale, around the globe. Redefining reliable motion for a better tomorrow. Together.