National Technology Enterprises Company (NTEC)

Mandated by the Kuwait Council of Ministers with a clear strategy and capitalized at 100 Million Kuwaiti Dinars (Approximately 350 Million U.S. Dollars), to play a vital role in servicing major stakeholders in Kuwait with their technology needs. NTEC's business model is that of a Technology Projects Development company utilizing investment tools such as Private Equity, Venture Capital and Direct Investments to initiate and stimulate Technology Projects in Kuwait, at a Government/National level, and the local region. Expanding on its relationships with various governmental agencies to position itself as a technology gateway or advisor for their technology needs. NTEC's strategy is to focus on local and regional technology projects development, leveraging its international technology investments in addition to project management and consulting services based on experience, networks, relationships and onboard talent.