Over 100 representatives of leading businesses from a variety of sectors in Kuwait attended best-practice seminar

Oracle-Primavera solutions help enterprises deliver more projects on schedule while reducing overall cost

Kuwait City: 12 June, 2012- Ashabakat Technical Network for Computer, one of the subsidiaries of Khatif Holding KCSC, the Kuwait-based venture capital and acquisitions company, and Promastar, a Middle East platinum partner of Oracle specialized in Primavera, held a project management seminar in Sheraton Hotel Kuwait demonstrating how companies can deliver more projects on schedule and within scope, while reducing overall cost.

By using the renowned and most powerful Project Portfolio Management Suite from Oracle-Primavera Solutions, corporations in Kuwait were shown how much easier it is to prioritize, plan, manage and execute projects, programs and portfolios.

Commenting on the seminar, Saeed Al Hussain, COO Ashabakat said: "The project management seminar comes as part of our commitment to sharing best international practices and with companies in Kuwait and introducing them to the latest technologies to help them achieve their business goals efficiently and in a cost effective manner.

"A proven way to do this and add value is with Primavera, which, as demonstrated at the seminar, offers businesses a qualitative and competitive edge in the market, as well as peace of mind knowing the software will implement their projects efficiently."

After witnessing the value-added potential of Primavera, a number of enterprises signed contracts with Ashabakat and Promastar at the conclusion of the seminar.

Ideal for the oil and gas, power and utility, engineering and construction, government, IT and telecom sectors, the Management Suite is effectively a single-solution for managing projects of any size.

Fatma Mohammad Al-Bader (CEO) Ashabakat Promastar inaugurated the seminar, which began with a brief introduction on the joint venture recently signed by Ashabakat and Promastar, a professional consulting house specialized in providing project portfolio management, and a certified advantage Oracle platinum partner for EMEA with Primavera solutions.

Oracle's Primavera Contract Management software is state-of-the-art, streamlining processes related to construction projects. It adds value by allowing enterprises to control every aspect of a project through one piece of software. With construction involving the collaboration of a multitude of different staff - from managers, engineers, to suppliers and owners - Primavera allows a virtual platform allowing all the different entities to effortlessly and efficiently communicate.

Al Hussain added: "With Oracle Primavera Project Portfolio Management Suite, companies now have a single solution for managing projects of any size, adaptable to various levels of complexities within a project, which intelligently scales to meet the needs of various roles, functions, or skill levels in your organization and on your project team."

Mostafa El Bakry, President of Promastar said: "Primavera can help customers make faster and better business decisions, which range from organizing and analyzing data to custom product development. Through this seminar we're happy to reach out to organizations and give them the confidence to use efficient software and solutions."

About Ashabakat
AShabakat Technical Network for Computer (STNC) is a well established Kuwaiti company with a strong IT standing on the Kuwaiti market. It is one of the leading local, private sector companies, specializing in IT infrastructure, computer hardware, software networks and associated services.

About Promastar
Promastar is a professional consulting house specialized in providing project portfolio management services. Promastar is a Platinum Certified Oracle Primavera partner for EMEA region with the Primavera solutions focus area. Promastar is also an Approved Education Provider for Oracle University. Promastar is the Oracle Primavera award winner "Innovative partner of the year" for 2011. Promastar currently cover all GCC and North African regions by direct presence in the region.

About Khatif
Established in 2008, Khatif Holding is a Kuwaiti based venture capital and acquisition company which seeks to acquire significant shares in small to medium sized enterprises. With more than 50 years of financial and operational experience with regional insights, it procures niche business opportunities in the GCC and MENA region. Khatifhas concluded many successful acquisitions and startups and its management comprises of a diverse group of experts with broad experience in a range of different industries. 

For more information please contact:
NadinAlami / Stacy Lobo
Tel: 22901571/2
Email: n.alami@asdaa.com
s.lobo@asdaa.com

© Press Release 2012