 | |
| Comoro Gulf Holdings (CGH) | |
| Company type | Privately held company |
| Industry |
|
| Founded | 2006 |
| Founder | Mohammed Al-Otaibi  |
| Defunct | 2014 |
| Fate | Defunct after losses and political scandals |
Area served | Comoros |
Key people | Bachar Kiwan Majd Suleiman Sheikh Sabah Jaber Mubarak Al-Sabah Mohammed Al-Otaibi |
| Website | www.comorogulfholding.com |
Comoro Gulf Holdings (CGH), sometimes referred to as Comoros Gulf Holding or Comoro Gulf Holding, was an investment company, set up by Syrian businessmen Bachar Kiwan and Majd Suleiman and Kuwaiti businessmen Sheikh Sabah Jaber Mubarak Al-Sabah and Mohammed Abdulaziz Al-Otaibi, that had worked closely with former Comorian president Ahmed Abdallah Mohamed Sambi, and "monopolized investment and development on the islands."[1][2][3][4]
The company ceased operations between 2014 and 2015 following considerable financial losses and the seizure of assets, which were repercussions of the Comoros passport sales scandal and the ensuing change in presidential leadership in the Comoros. Despite this, several affiliates around the world, controlled by its founders Bashar Kiwan and Majd Suleiman, remained active.[5][6]
- ^ Lori, Noora (2019). Offshore citizens : permanent temporary status in the Gulf. Cambridge: Cambridge University Press. p. 220. ISBN 978-1-108-63256-0. OCLC 1119537788.
- ^ Beaugrand, Claire (2018). Stateless in the Gulf : migration, nationality and society in Kuwait. London: I.B. Tauris. ISBN 978-1-78672-323-9. OCLC 1021174080.
- ^ Cite error: The named reference
:4was invoked but never defined (see the help page). - ^ "COMOROS ISLANDS : Comoro Gulf Holding - 13/03/2010 - The Indian Ocean Newsletter". Africa Intelligence. 13 March 2010. Retrieved 22 November 2023.
- ^ Abrahamian, Atossa Araxia (11 November 2015). "The bizarre scheme to transform a remote island into the new Dubai". The Guardian.
- ^ Cite error: The named reference
:2was invoked but never defined (see the help page).