من نحن

On behalf of the Board of Directors and Executive Management, I am pleased to welcome you and share an overview of Gulf Cables & Electrical Industries Group Company’s journey, performance, and strategic direction.

As the Group marks its fiftieth anniversary, we reflect with pride on a legacy built on reliability, operational excellence, and long-term value creation. Since its establishment, the Group has evolved into one of Kuwait’s leading industrial organizations, consistently serving its customers while remaining committed to the interests of its shareholders and stakeholders.

The past year was shaped by continued global economic uncertainty, influenced by geopolitical developments, climate-related challenges, and evolving financial conditions. Despite these circumstances, regional and local markets demonstrated resilience, supported by stability in key economic drivers and ongoing development initiatives. Within this environment, the Group continued to operate with discipline, adaptability, and a clear strategic focus.

At the Group level, we remained steadfast in executing our strategic objectives, strengthening operational performance, and enhancing efficiency across our businesses. Our diversified portfolio—spanning manufacturing, investments, and services—continues to provide resilience and balance, enabling us to respond effectively to changing market conditions while pursuing sustainable growth.

We place strong emphasis on investing in our people, recognizing them as the foundation of our success. Through continuous talent development, workforce growth, and a commitment to diversity and national talent, we strive to foster a dynamic and inclusive work environment that supports innovation and long-term performance.

Sustainability, governance, and social responsibility are integral to the Group’s long-term vision. We are committed to embedding environmental, social, and governance principles into our operations, enhancing transparency, managing risks responsibly, and contributing positively to the communities in which we operate. We believe these principles are essential to achieving enduring growth and creating shared value.

Looking ahead, the Board of Directors remains focused on strengthening the Group’s competitive position through thoughtful expansion, innovation, strategic partnerships, and continued investment in human capital. We are aligned with Kuwait’s national development priorities and remain committed to supporting the country’s long-term economic and social progress.

In closing, I extend my sincere appreciation to our shareholders for their trust and confidence, and to our Executive Management and employees for their dedication and professionalism. With a strong foundation, a clear strategy, and an unwavering commitment to excellence, we look to the future with confidence and optimism.

Allah is the Grantor of success. With our highest appreciation and respect.