KIPCO

The Kuwait Projects Company – KIPCO - is one of the biggest diversified holding companies in the Middle East and North Africa, with assets worth more than US$ 20 billion under management or control.

Founded in 1975, KIPCO has substantial ownership interests in a portfolio of 51 companies operating across 18 countries. The Group’s main business sectors are financial services and media & telecommunications. Through the subsidiaries and affiliates of its core companies, KIPCO also has interests in Real Estate, Industry, Healthcare and the Management & Advisory sector.

Financial Services
KIPCO’s Financial Services interests include holdings in commercial and investment banking, asset management and insurance. KIPCO’s core operating companies in this sector include United Gulf Bank, Gulf Insurance Company and Burgan Bank.

Media
Through its portfolio of strategic investments, KIPCO is capitalising on the convergence of the information technology and broadcasting industries. The Group’s core operating companies within this sector include United Networks and Showtime - the leading pay-TV operator in the Gulf region.

Real Estate & Industry
KIPCO has sizeable real estate investments in the Middle East and substantial investments in the manufacturing, dairy and food service sectors.

Medical, Management and Advisory
KIPCO has major interests in Kuwait’s service sector including substantial investments in the local healthcare market. The Group’s Management & Advisory companies provide advice to clients on direct investment, private placement, mergers and acquisitions, derivatives and corporate restructuring.

Karthago Group

Karthago Group was born from a double passion: Its passion for genuine tourism, with its inherent activities; and its other one for the cultural patrimony and history of Tunisia - heiress of ancient Carthage.

Owing to its chartered flights¹ company: Karthago Airlines, its Hotel chain: Karthago Hotels, and its travel agency: Kathago Travel Service, Karthago Group is able to satisfy all the needs of its tour-operators¹ partners in highly competitive conditions.

KAJ
The private chartered flights¹ company, operating between Tunisia and some European countries, launched its first commercial flights at the turn of the summer season 2002.

So, strengthened by all these achievements, Karthago Airlines focuses and bets on an increase of both it activities and market shares.

The company possesses a homogenous fleet of six Boeing 737-300 which allowed it in 2005-2006 to operate an average of 15.000 hours¹ flights, and 3000 annual rotations, essentially between Tunisia and the European continent.

KBS
The air company Koral Blue is issued from a Tunisian-Egyptian joint-venture between two well known groups: Kathago, in Tunisia, and Orascom, in Egypt.

It is a company entirely specialised in chartered-flights¹ traffic which will operate from Charm Escheikh- Egypt- and other airports, situated on the Red Sea shores, with a starting fleet comprising two A.320 Airbus planes.

The development plan of this company will go on, with the same homogenous module, and with the purpose to reach 12 planes in 2012.

KH
At Yasmine Hammamet, Sousse and Djerba, KARTHAGO hotels would like to make their guests enjoy the best assets of the most beautiful sea side resorts in Tunisia. Karthago hotels are the new generation hotels with a chosen and specific style, adequate equipments and services, in perfect osmosis with their environments.

The Palace Karthago
It is a 5-star hotel situated on Gammarth heights at a distance of 15 kilometres from the capital city centre, and Tunis-Carthage airport. It comprises 600 beds -254 rooms- 44 suites, 7 restaurants and snack-bars, 9 conference and congress rooms, a fitness centre, 3 swimming pools and a beach club.

KTS
Karthago Travel Services is a travel agency founded with the synergetic and complementary vision of work with the air company and the different hotels in order to be closer to its customers and to offer them better services for their complete comfort.

BTU

BTU Industries is a global developer, owner and operator of independent power and desalination plants and a venture capital investor in renewable energy technologies.

BTU Industries' investment strategy is focused on utility-scale and distributed power plants that generate electricity from natural gas and renewable energy resources. BTU Power Company, an affiliate, is a leading private developer and operator of independent power in the Republic of Tunisia accounting for 24% of electricity consumption in 2006.

Mediterranean Gate

Mediterranean Gate, Tunisia
A massive project, the Mediterranean Gate, US$ 14 billion city, is a collaborative project between Sama Dubai and the Tunisian government. Covering 837 hectares, Mediterranean Gate will house international firms, several first class luxurious hotels in addition to a series of diverse recreational and sports facilities. Expected to create 140,000 jobs opportunities for Tunisians, the project envisages to become a magnetic destination for African and European investors and tourists as well as a regional hub for technology, finance and business.

Project components

• Theatres
• Cinemas
• Offices
• Two residential complexes
• Golf course
• Quays for yachts
• 14 luxury hotels
• IT cluster
• Water park and recreational facilities

Facts and figures

Area size: 837 hectares

Completion date: Next 10 – 15 years

Sama Dubai

Sama Dubai is a private company wholly owned by Dubai Holding. The international real estate investment and development company focuses on leveraging synergies across international, regional and local real estate sectors. Its aim is the creation of a world class portfolio of partners, properties and investments.

Sama Dubai is active across several segments of the real estate development sector including tower buildings (under the ‘Dubai Towers’ brand), large scale resorts (under the ‘Salam’ brand), business developments, mega malls and more.

Sama Dubai’s existing projects are:

• Dubai Towers – Doha, Qatar
• Dubai Towers – Istanbul, Turkey
• Dubai Towers – Dubai, United Arab Emirates
• Amwaj – Rabat, Morocco
• Salam Resort– Bahrain
• Salam Yiti - Oman
• The Lagoons – Dubai, UAE
• Mediterranean Gate, Tunisia

FINACorp

FINACorp is an investment banking institution active in and specialized on North Africa. FINACorp provides financial services consisting of brokerage, corporate finance, asset management and private equity. FINACorp is of the belief that North Africa holds the potential to become the next attractive and most active emerging market area.

FINACorp specializes in the upper market made up of thoroughly selected local entrepreneurs and distinguished international net worth individuals and institutional investors seeking to make investments, raise capital or source advise for their businesses in the countries Tunisia, Morocco, Algeria or Libya. Headquartered in Tunis, FINACorp is also present in Algiers with a subsidiary under establishment and maintains alliances and offices in Kuwait, Geneva, Boston and New-York. FINACorp accounts roughly 25 investment professionals and intends to hire more to consolidate a multilingual analysts’ team and a unique blend of North African and international investment professionals.

FINACorp shareholders are experienced investment professionals with Global Investment House holding 49% of the capital as part of its MENA region expansion plan.

Global and FINACorp cooperate together to expand their financial expertise in North Africa. Recently they have announced the setting up of a US$ 150 million FINACorp Maghreb Private Equity Fund.

« Lella Hlima »

The project of the urban and tourist zone « Lella Hlima » in Zarzis is the first that the Sodet Sud relized. It covers a surface of 110 hectares of maritime oasis on a coast of 3.8 km;near the projected tourist zone of “Lella Meryem” and the village of “Hassi Jerbi”(10.000 inhabitants).

The new zone to be realized is at 15 km north of Zarzis (a coastal town in the Tunisian South East, at 510 km from Tunis) and at 30 minutes from the International Airport of Djerba – Zarzis.

The region is characterized by its mild micro climate, a yearly 10 months sunniness ; its beaches which are sandy as well as rocky and its plant cover of maritime oasis.

The project is innovative in the way that it insures the integration of the zone with its natural environment. The bases are the following objectives:

• Correct the actual structure deficiencies of the tourist offer
• Keep with the new tendencies of tourist international market
• Create conditions for a lasting development(seaside and plant cover)

The zone layout stretches from 2007 to 2009 with a global cost of 70 millions of dinars.

The new resort will shelter 14.000 persons with global investments in the order of 500 millions of dinars.

This characterized by the diversity and the complementary of its components :

• Hotels, hotel-apart, charms hotels ;
• Individual residences or semi-detached and collective (Mediterranean city, seniors city, and garden city….)
• Equipped pedestrian corniche, scattered with animated activities over a coast of 3,8 km
• Animations (Restautants, cafés, night clubs, fishing clubs, stores ....)
• Green spaces (Islamic garden, maritime oasis etc ....)
• Enclosed parking
• Ribat on projections of Ras Marmour (Medina, charm hotels, animation trade….)
• Pontous with animation on water stretch (restaurants, night clubs, nautical clubs, relaxation spaces….