Comments on: Shift of business power http://www.kuwaitism.com/2007/03/17/shift-of-business-power/ Q Tue, 09 Mar 2010 20:27:14 -0800 http://wordpress.org/?v=2.9.2 hourly 1 By: Abdulmohsen http://www.kuwaitism.com/2007/03/17/shift-of-business-power/comment-page-1/#comment-171253 Abdulmohsen Sat, 31 Mar 2007 01:41:22 +0000 http://www.kuwaitism.com/2007/03/17/shift-of-business-power/#comment-171253 Interesting post... I think that what we are seeing is healthy and I encourage it. We can finally see the end result of the Wataniya takeover, by that I mean Kuwait has suddenly become the center of attention (for once) in the gulf region and investment in Global and Agility by UAE companies attest to that. One thing to think about is, why sell Wataniya in the first place? Why did they sell the fisheries (Asmak)? I think that there is a big and ambitious plan being conjured up by the upper management and I think that it will influence the Kuwaiti economy, Kuwait Airways anyone? Interesting post… I think that what we are seeing is healthy and I encourage it. We can finally see the end result of the Wataniya takeover, by that I mean Kuwait has suddenly become the center of attention (for once) in the gulf region and investment in Global and Agility by UAE companies attest to that. One thing to think about is, why sell Wataniya in the first place? Why did they sell the fisheries (Asmak)? I think that there is a big and ambitious plan being conjured up by the upper management and I think that it will influence the Kuwaiti economy, Kuwait Airways anyone?

]]> By: Global Voices Online » Blog Archive » Kuwait: http://www.kuwaitism.com/2007/03/17/shift-of-business-power/comment-page-1/#comment-169026 Global Voices Online » Blog Archive » Kuwait: Sat, 24 Mar 2007 14:51:32 +0000 http://www.kuwaitism.com/2007/03/17/shift-of-business-power/#comment-169026 [...] back at Kuwaitism, talks about the shift of business power and how other businesses around the Gulf region are [...] [...] back at Kuwaitism, talks about the shift of business power and how other businesses around the Gulf region are [...]

]]> By: bu ziyad http://www.kuwaitism.com/2007/03/17/shift-of-business-power/comment-page-1/#comment-168220 bu ziyad Tue, 20 Mar 2007 20:42:57 +0000 http://www.kuwaitism.com/2007/03/17/shift-of-business-power/#comment-168220 Disheveled: I hear you. Unfortunately we do not have a competitive business environment despite having competitive people and businesses. However it takes the law of supply and demand to realize that. If Kuwaiti companies start leaving to Dubai because of the uncompetitive business environment then at some point when all those companies leave someone up there will realize things gota change.. the question is do they care?! This is the sad part!! Disheveled: I hear you. Unfortunately we do not have a competitive business environment despite having competitive people and businesses. However it takes the law of supply and demand to realize that. If Kuwaiti companies start leaving to Dubai because of the uncompetitive business environment then at some point when all those companies leave someone up there will realize things gota change.. the question is do they care?! This is the sad part!!

]]> By: error http://www.kuwaitism.com/2007/03/17/shift-of-business-power/comment-page-1/#comment-168193 error Tue, 20 Mar 2007 18:27:21 +0000 http://www.kuwaitism.com/2007/03/17/shift-of-business-power/#comment-168193 kuwaiti companies have a low P/E ratio good observation!! kuwaiti companies have a low P/E ratio

good observation!!

]]> By: dishevelled http://www.kuwaitism.com/2007/03/17/shift-of-business-power/comment-page-1/#comment-167949 dishevelled Mon, 19 Mar 2007 21:21:24 +0000 http://www.kuwaitism.com/2007/03/17/shift-of-business-power/#comment-167949 bu ziyad, i dont think it's about being nationalistic as much as truely showing how much we're valued or worth. Here's how I think of it, if companies would rather be based in Dubai rather than Kuwait, then its obvious they have something we don't. It hurts to know that we are capable of being even better but because of our sheep mentality and ridiculous meaningless limitations. It's not that we can't, its that "we" choose not to. This has been going on forever, bas with the speed dubai is "advancing" for instance, is making us realize we're stuck where we were. Actually it's even worse, we're actually becoming even worse! Now if companies that were here move there, and our people start investing there rather than here, then I see that as a problem. We're losing everything we have. Let's face it besides oil and business, Kuwait isn't worth much in the global perspective. Like you I am for globalization, it has a lot of benifits no doubt about it, but to be in the globalization scene you have to be competitive, and that's a game we're misrably losing in. Like I said, it's just sad knowing we CAN but iltakhalof is paralyzing us. bu ziyad, i dont think it’s about being nationalistic as much as truely showing how much we’re valued or worth. Here’s how I think of it, if companies would rather be based in Dubai rather than Kuwait, then its obvious they have something we don’t. It hurts to know that we are capable of being even better but because of our sheep mentality and ridiculous meaningless limitations. It’s not that we can’t, its that “we” choose not to. This has been going on forever, bas with the speed dubai is “advancing” for instance, is making us realize we’re stuck where we were. Actually it’s even worse, we’re actually becoming even worse! Now if companies that were here move there, and our people start investing there rather than here, then I see that as a problem. We’re losing everything we have. Let’s face it besides oil and business, Kuwait isn’t worth much in the global perspective. Like you I am for globalization, it has a lot of benifits no doubt about it, but to be in the globalization scene you have to be competitive, and that’s a game we’re misrably losing in. Like I said, it’s just sad knowing we CAN but iltakhalof is paralyzing us.

]]> By: Purgatory http://www.kuwaitism.com/2007/03/17/shift-of-business-power/comment-page-1/#comment-167649 Purgatory Sun, 18 Mar 2007 18:46:44 +0000 http://www.kuwaitism.com/2007/03/17/shift-of-business-power/#comment-167649 The comment is targeted at Q, because he started it all by not inviting me to coffee! if have beef, or chicken, it is with him. However, that being said, my comment does have some hint of my feelings towards this expected trend. The comment is targeted at Q, because he started it all by not inviting me to coffee! if have beef, or chicken, it is with him.

However, that being said, my comment does have some hint of my feelings towards this expected trend.

]]> By: M http://www.kuwaitism.com/2007/03/17/shift-of-business-power/comment-page-1/#comment-167639 M Sun, 18 Mar 2007 18:25:35 +0000 http://www.kuwaitism.com/2007/03/17/shift-of-business-power/#comment-167639 Purgatory.. there are many adv. & dis. in globalization and this one of them but in overall we have to support open market by easy regulations for foreign companies to rise competition as Dubai & Qatar. but the issue here that we selling of the most working companies in kuwaiti market so my point is easy regulations(encourage privte sector) & take over around. Purgatory.. there are many adv. & dis. in globalization and this one of them but in overall we have to support open market by easy regulations for foreign companies to rise competition as Dubai & Qatar. but the issue here that we selling of the most working companies in kuwaiti market so my point is easy regulations(encourage privte sector) & take over around.

]]> By: Purgatory http://www.kuwaitism.com/2007/03/17/shift-of-business-power/comment-page-1/#comment-167533 Purgatory Sun, 18 Mar 2007 14:37:38 +0000 http://www.kuwaitism.com/2007/03/17/shift-of-business-power/#comment-167533 I am aganist globalisation and any attempts for takeovers of any Kuwaiti Company, regardless of the economical benefits for individuals or companies. So go ahead, sell your assets, get your dirty money, and enjoy it. I refuse to be part of this evil plot and will never accept it, even everyone did. Long live ultra-right. I am aganist globalisation and any attempts for takeovers of any Kuwaiti Company, regardless of the economical benefits for individuals or companies.

So go ahead, sell your assets, get your dirty money, and enjoy it.

I refuse to be part of this evil plot and will never accept it, even everyone did.

Long live ultra-right.

]]> By: كله مطقوق http://www.kuwaitism.com/2007/03/17/shift-of-business-power/comment-page-1/#comment-167510 كله مطقوق Sun, 18 Mar 2007 13:46:00 +0000 http://www.kuwaitism.com/2007/03/17/shift-of-business-power/#comment-167510 اعتقد ان الخليج كله صار منطقة وحدة و لو تشوف أيضا ستجد ان نفس نوعية الصفقات تحصل مع شركات سعودية و قطرية و اماراتية اعتقد ان الخليج كله صار منطقة وحدة و لو تشوف أيضا ستجد ان نفس نوعية الصفقات تحصل مع شركات سعودية و قطرية و اماراتية

]]> By: 1001 Nights http://www.kuwaitism.com/2007/03/17/shift-of-business-power/comment-page-1/#comment-167339 1001 Nights Sun, 18 Mar 2007 07:40:56 +0000 http://www.kuwaitism.com/2007/03/17/shift-of-business-power/#comment-167339 Insightful post Q and this movement is very intriguing especially if it actually ends up being a trend. I sincerely hope that Agility doesnt move to Dubai since it's one of Kuwait's star companies. BUT I disagree with those who seem to think that Kuwaiti companies don't invest in other Gulf companies, the most definiely DO. Insightful post Q and this movement is very intriguing especially if it actually ends up being a trend.

I sincerely hope that Agility doesnt move to Dubai since it’s one of Kuwait’s star companies. BUT I disagree with those who seem to think that Kuwaiti companies don’t invest in other Gulf companies, the most definiely DO.

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