Al Razziholding Company - Hawally

Al Karafi Towers,Block 14,17th Floor,Osama Ben Monqeth Al Karafi Street,Hawally, Hawalli Governorate,Kuwait.

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Description

Al Razzi Holding Company has been pursuing a strategic methodology that addresses and monitors all caution zones, risk factors and ways of awareness when carrying out opportunities and executing the investment decisions as well as finding the best balance between responsible investment and profitability. These qualities are the virtues of Al Razzi Holding since its inception. Even though this intrinsic strategy is not safeguarded from the current crisis in the investment environment; it has been more resilient to recover the economic setbacks and market volatility and changes compared to other strategies driven by short-term objectives. The significance of this strategy has been demonstrated and verified in the fiscal year ended March 31, 2009. Despite the impact of the global crisis, Al Razzi has not been affected by the economic recession in contrast to other investment companies. At a time in which most companies suffered lack of liquidity and high leverage, Al Razzi Holding was able to raise its liquidity and to preserve its zero debt status. In addition, Al Razzi Holding has begun to take the appropriate steps to face the repercussions of the crisis and its impact on the company\'s business plan. Hence, the most important recommendation Al Razzi has put forward was the need to move further in diversifying and expanding the umbrella of investing in the Health Sector to include other clusters within the same umbrella. This has been what Al Razzi puts before its eyes and is currently working to open new investment channels in the coming stage in order to improve its investment climate through more effort and to follow the practical mechanisms aimed at. Al Razzi Holding is currently seeking to achieve strategic objectives which have been worked on for implementation. The main strategic objective is the expansion and entry to the markets of Eastern Europe region where the company has already negotiated several agreements with several foreign parties on that regard and will show expected results during the next couple of years. The Company has also submitted several feasibility studies and projects’ proposals to the specialized governmental entities. These studies and proposals are still under study by those entities.

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