KEF Holdings plans units in four countries
KEF Holdings is planning to set up new manufacturing plants in Saudi Arabia, Oman, Qatar and India. The company in UAE manufactures pressure control valve, steel castings and cathodic protection equipment for oil and gas pipelines and power generation sector
Despite the recent recession , a recent partnership between KEF Holdings and the Dubai International Capital, the emerging market investment arm of Dubai Holdings, is likely to capture a share of $4.1 billion market in the oil and gas industry. Faisal KE, Chairman, KEF Holdings, told Emirates Business the expansion plan was charted out after DIC acquired 45 per cent stake in KEF Holdings. KEF Holdings owns two subsidiaries - JC Valves and Emirates Techno Casting (ETC) UAE.
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