New partnership to drive regional innovation and sustainability in advanced reinforcing textiles for construction and industrial applications.
Manama, Bahrain — 3 November 2025 — KAST GmbH & Co. of Germany and Khalifa A. Abdulrahman Algosaibi Investment Company (KAI) of Saudi Arabia have officially announced the establishment of a new joint venture — KAST W.L.L., headquartered in Bahrain.
Announced during Gateway Gulf 2025, the region’s premier investment forum held in the Kingdom of Bahrain from November 2nd to 3rd, the partnership combines German engineering excellence and Gulf industrial leadership to deliver state-of-the-art reinforcing textile solutions for the construction and industrial sectors across the Middle East, USA, and beyond. Building on KAST Germany’s century-long legacy of innovation, reliability, and sustainability, KAST W.L.L. aims to become the leading regional hub for advanced reinforcing technical textiles — such as fibeglass-based reinforcements — that enhance durability, efficiency, and energy performance in modern construction.
“This joint venture marks a significant milestone in KAST’s international growth,” said Mr. Christoph Kast, CEO of KAST GmbH & Co. “by localizing production in Bahrain, we are bringing German precision and technology closer to our regional partners, creating solutions that not only strengthen structures but also contribute to a more sustainable future.”
With business roots going back to the 1800s, KAI brings extensive experience across multiple sectors. The company’s proven ability to execute complex projects and forge effective partnerships complements KAST’s technical expertise and global outlook.
“Our collaboration with KAST Germany aligns perfectly with our vision of investing in innovative industries that add long-term value to the region,” said Mr. Ayad Algosaibi, Chairman of KAI. “KAST W.L.L. will set new benchmarks for product quality, sustainability, and industrial excellence in the GCC.”
The Kingdom of Bahrain’s strategic location makes it an ideal base for regional manufacturing and distribution. From its central position, KAST W.L.L. will serve the GCC, selected MENA markets, and the United States, leveraging the Kingdom’s advanced logistics infrastructure and free trade agreements. This geographic advantage positions the Kingdom of Bahrain as a vital export and distribution hub for reinforcing textiles designed to meet international quality standards.To realize this vision, KAST W.L.L. aims to invest USD 4–5 million in the initial stage of development, establishing modern production facilities and operational infrastructure within the Kingdom of Bahrain.
The company anticipates steady revenue growth, targeting initial annual revenues exceeding USD 6 million within three years of operation, supported by rising regional demand for energy-efficient and sustainable construction materials. Expansion plans include scaling production capacity and broadening export destinations through partnerships and technology-driven process optimization.
KAST W.L.L. also intends to create significant work opportunities for local Bahraini talent by employing team of 15 local staff, with strong focus on training, and skills development through partnerships with Tamkeen and Bahrain’s Economic Development Board (EDB). By combining international expertise with local capability, the venture will foster a sustainable industrial ecosystem that supports the Kingdom of Bahrain’s long-term economic diversification goals.
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About KAST Germany
Founded 1961 , Kast Germany (www.kast.de) is a leading manufacturer of high-performance technical textiles for industrial and construction applications. Renowned for its commitment to innovation, quality, and sustainability, KAST delivers solutions that ensure durability, energy efficiency, and reliability in global markets.
About Khalifa A. Abdulrahman Algosaibi Investment Company (KAI) (www.algosaibi.sa) KAI is one of the region’s most respected and diversified investment groups. Its portfolio includes catering, construction materials, chemicals, road marking, industrial casting, steel fabrication, logistics, real estate, hospitality, and training solutions. KAI is committed to strategic partnerships that drive sustainable growth and deliver long-term value.
About the Forum, Gateway Gulf
Hosted by Bahrain Economic Development Board with the support of senior government officials across the Kingdom’s finance, investment and industry portfolio, Gateway Gulf is a unique invitation-only forum offering the opportunity for global businesses and investors to directly engage with the architects of the GCC’s development success story and gain priority to access to leading investable projects of the region, as well explore opportunities for developing investment presence in the Bahrain and the region beyond. The inaugural edition of Gateway Gulf was held in 2018, with 2025 marking its third edition. Gateway Gulf is reflective of the Team Bahrain approach, in which private and public sector cooperation is championed to create an innovative and attractive investment environment for businesses to succeed. Whether passing a new regulation or analysing the feasibility of launching a niche idea to market, Team Bahrain works with empathy and drive to connect investors to the key decision makers that matter.
