Abdulla Al Humaidi on Spearheading the Growth of Kuwaiti European Holdings as CEO
Dr Abdulla Al Humaidi holds a bachelor’s degree in medicine from the faculty of medicine at the American University of Beirut, Lebanon, and a master’s degree in radiology from the University of Cairo. Besides being a thriving entrepreneur, he is a doctor of ophthalmology in the United States of America. Led by Abdulla Al Humaidi, Kuwaiti European Holding (KEH) was incorporated in Kuwait and commenced operations in June 2008 to focus on investments in public and private companies within the hospitality and leisure industries.
The Group has established an investor base including international financial institutions and investment banks in London, Bahrain, Kuwait, Germany, the UAE, and companies in the oil & gas sector. Under the leadership of Abdulla Al Humaidi, the Group also holds interests in several brands, including Sheraton Hotels & Resorts and Bluestar Elan Hotels & Resorts in Europe and the Middle East. KEH’s portfolio includes Luxury Cruises and Leisure Group, Club Med Middle East and Panini.
In addition, they added Planet Hollywood, Intrepid Travel, Train Travel Europe, Jocostar Events & Travel, the Africa Group, and IHM Kuwait Capital. Abdulla Al Humaidi: Kuwaiti European Holdings has a three-pronged strategy to generate growth in the future. The first was to take advantage of the attractive investment opportunities available in Kuwait and internationally, particularly in the food and hospitality sector. In this regard and under the leadership of Abdulla Al Humaidi, KEH has made investments in four countries in the Middle East and North Africa.
In the last four years, notably the Group’s first international investment in Egypt, the Cairo Investment Group Holding as Abdulla Al Humaidi points out. Through this strategy, Kuwaiti European Holdings seeks to be the leading investor in regional and global food, beverage and tourism sectors. Furthermore, the Group looks to expand its operations through organic growth, leveraging its existing business to identify and complete potential acquisitions. Abdulla Al Humaidi was among the few Saudi entrepreneurs who actively participated in establishing the medical industry in the Kingdom, which was in a deplorable condition, facing economic depression.