Other Projects:
Al- Baraka Bank – Syria
KSH owns 5% stake in Al Baraka Bank- Syria
- Contribute to the establishment of Al Baraka Bank – Syria jointly with Al Baraka banking Group in 2009.
- The bank provides banking services and the practice of funding the work and investment on the basis of non-interest basis.
- Accept all kinds of deposits in mutual fund accounts, with the recruitment of client's fund in accordance with the common speculation systems.
National Company for Plastic Industries
KSH own 40% stake of National Company for Plastic Industries.
The Company established on 2002 in Homs – Syria and operation launched on May 2003, the company holds a certification of ISO 9001.
The factory is located on an area of approx. 68,000 m2 with total built-up area of 6,500 m2, and the number of workers about 70 employees.
The company currently owns 3 production lines of plastic bottles and currently work on a feasibility study to determine the possibility of adding a new production line.
The company also owns 2 piston to produce the covers, and importing raw materials from East Asian countries
Syrian Kuwaiti Insurance Company (“SKIC”)
- KSH owns a 10% stake in Syrian Kuwaiti Insurance Company. The company was established on August 2006, and the decision was made to start business in October 2006.
- The company provides the most advanced insurance products and services in Syrian Market and launched its operations in April 2007 at the head office in Damascus.
- SKIC depends on the many years of experience of the main founder and shareholder, Gulf Insurance Company – Kuwait (GIC).
The company provides various types of insurance in the following fields:
- Motor Insurance;
- Marine Insurance;
- Fire(Property) Insurance;
- Engineering Insurance;
- General Accident Insurance;
- Liability Insurance and;
- Life & Medical Insurance