Riyadh – Sharikat Mubasher: Egypt Kuwait Holding (EKH) is preparing to unveil its first investment in Saudi Arabia’s oil and gas sector within the next 3 months, after completing most of the project’s capital expenditures, according to Jon Rokk, its CEO.
In an interview with Asharq Al-Awsat, Rokk described the project as strategically important and said it had been in the works for years. The move is part of EKH’s regional expansion strategy, leveraging its expertise from developing the largest private gas distribution network in the Middle East.
While Rokk did not disclose full details, he revealed that EKH is also exploring additional investments worth $150 million to $200 million across 2025 and 2026, targeting high-value projects to enhance returns.
EKH closed 2024 with $185 million in net profit and $642 million in revenue, with profit margins rising to 29%. The company expects 2025 to focus on optimizing capital allocation while advancing its Saudi investment.
In Egypt, EKH plans to boost exports and foreign currency inflows by focusing on high-potential sectors with strong export demand. It is also exploring acquisitions and strategic partnerships to strengthen its position.
With these plans, EKH is positioning itself for regional and global expansion, combining new market entries with deeper engagement in its home market.
