Bader Nasser Al-Kharafi

Established in June 2008 in the Kingdom of Bahrain, Foulath Holding B.S.C (c) (“Foulath”) is an investment vehicle and holding company primarily focused on investing in the growth of the steel industry in the Gulf Cooperation Council (GCC) countries and broader Middle East and North Africa (MENA) region. With investments at a current market value in excess of $3.5 billion, Foulath has established companies across the entire steel value chain from “Mine to Metal” and has developed the world’s only fully integrated single site steel complex, which is located in Bahrain’s Hidd Industrial Area on 1.3 million square metres of land. In doing so, Foulath is a market leader and is quickly moving towards becoming one of the most competitive steel producers globally.

United Stainless Steel Company BSC (c) (USCO), a wholly owned subsidiary of Foulath, is located at Foulath’s Steel Complex in the Kingdom of Bahrain. The Company began commercial operations in the fourth quarter of 2008 and is the first stainless steel re-roller to be established in the Middle East region.

Gulf Bank is one of the largest banks in Kuwait with a broad offering of consumer banking, wholesale banking, treasury, and financial services. Gulf Bank was founded in 1960, and was listed on the Kuwait Stock Exchange in 1984. The Bank has a network of 52 branches all over Kuwait. The Bank is rated ‘A’ by the three-leading international credit rating agencies: (A3) with stable outlook by Moody’s Investors Services; (A+) with stable outlook by Fitch Ratings; and (A-) with positive outlook by Standard & Poor’s. Gulf Bank has been recognized with numerous awards in consumer banking, wholesale banking, products, marketing, human resources, and corporate social responsibility. Gulf Bank is strongly committed to giving back to Kuwait through its corporate social responsibility program. The Bank supports numerous events focusing on youth, education, health and fitness, helping the underprivileged, women’s empowerment, as well as promoting Kuwait’s heritage and culture.

Established in June 2008 in the Kingdom of Bahrain, Foulath Holding B.S.C (c) (“Foulath”) is an investment vehicle and holding company primarily focused on investing in the growth of the steel industry in the Gulf Cooperation Council (GCC) countries and broader Middle East and North Africa (MENA) region. With investments at a current market value in excess of $3.5 billion, Foulath has established companies across the entire steel value chain from “Mine to Metal” and has developed the world’s only fully integrated single site steel complex, which is located in Bahrain’s Hidd Industrial Area on 1.3 million square metres of land. In doing so, Foulath is a market leader and is quickly moving towards becoming one of the most competitive steel producers globally.

United Stainless Steel Company BSC (c) (USCO), a wholly owned subsidiary of Foulath, is located at Foulath’s Steel Complex in the Kingdom of Bahrain. The Company began commercial operations in the fourth quarter of 2008 and is the first stainless steel re-roller to be established in the Middle East region.