Havas Holding Signs Agreement with Kuwaiti Gulf Investment House for $400 Million

As part of the official visit of the President of the Republic of Uzbekistan to Kuwait, representatives of Havas Holding took part in the Uzbek-Kuwaiti business forum and signed agreements worth more than $400 million.

From February 17 to 18, the official visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to Kuwait took place. In parallel with the visit of the head of state, representatives of Havas Holding held business negotiations with Kuwaiti companies and concluded a number of major agreements.

In particular, a cooperation agreement was signed with the investment company Gulf Investment House for $400 million. The agreement between Havas Holding and Gulf Investment House provides for cooperation between the companies and the implementation of joint projects in:

export-import and trade;
construction and development of residential real estate;
manufacturing and logistics.

Gulf Investment House is an investment fund founded in 1998 and is one of the leading financial companies in the Persian Gulf. Gulf Investment House has investments in the Gulf countries, the Middle East and other strategic markets. Cooperation between Havas Holding and Gulf Investment House will open up new opportunities for business cooperation between Uzbekistan and Kuwait.

Havas Holding also signed an agreement with Raha Holding. It provides for cooperation between Havas Holding and Smooth Logistics (a division of Raha Holding) in the digitalization and robotization of the logistics sector.

During the visit, representatives of Havas Holding held talks with a number of large companies in the country, discussed prospects for deepening mutually beneficial bilateral cooperation and attracting investments for the implementation of joint projects in Uzbekistan.

Havas Holding consistently develops international partnerships, creating conditions for the implementation of large investment projects in Uzbekistan and the integration of the national economy into global markets.