Gulf Bank hosts real estate market focus group

KUWAIT: As part of its ongoing efforts to provide the best solutions to its customers and improve the local business environment, Gulf Bank hosted a real estate market focus group to discuss the current state of the real estate market and its latest developments. The private seminar was attended by senior executives from Kuwaiti real estate companies, specialists in the real estate market, and governmental and public works officials, and took place October 20 at the Four Seasons Hotel.

During the course of the session, attendees discussed the current state of the local real estate market, and the most important opportunities and challenges facing the current market. Attendees also discussed the role of the private sector in solving some of these current challenges, and how the banking sector in particular can serve the real estate market better.

Commenting on the session, Deputy General Manager of the Economic Research Unit at Gulf Bank, Tareq AlSaleh, said: “The real estate market focus group comes within the framework of Gulf Bank’s ongoing efforts to build a database on different sectors supported by insights from industry experts. We look forward to future sessions in which the exchange of insights and experiences benefits all parties involved.”

Assistant General Manager of Corporate Banking at Gulf Bank, Abdul Ghafour Tifouni, added: “At Gulf Bank, we are constantly striving to provide the best services to our customers. A major part of this exercise is identifying our clients’ funding needs in an effort to serve them better and ensure we are always introducing creative solutions that make our clients’ work that much easier.”

To learn more about Gulf Bank’s activities, customers can visit one of Gulf Bank’s 58 branches or log on to www.e-gulfbank.com. Customers can also contact the Customer Contact Center by calling 1805805 or direct their queries through the WhatsApp service on 65805805 for assistance and guidance.