Egypt Kuwait Holding’s diversified segment includes a wide array of strategic investments, from cement production, telecommunications and infrastructure to cooling systems and insurance. In line with the company’s strategy to invest in local businesses with large and defensible market positions, EKH owns roughly 30% of the Building Materials Industries Company (BMIC) in Egypt, a country home to the largest cement market in Africa with a total consumption of c.50 mtpa.
Other group assets in the sector include Delta Insurance, Al-Shorouk for Melamine and Resins, Globe Telecommunications and Bawabet Al Kuwait Holding Company.