Tag Archives: investment

‘Kuwaiti investments in Turkey are stable’ – ‘Growth figures optimistic’

KUWAIT CITY, June 4: As the Turkish lira continues to fall to high records against the dollar on fears of the ability of the Turkish central bank to fight inflation Kuwait’s investments in Turkey are “under surveillance,” reports Al-Anba daily quoting a government source. The source added that the Kuwaiti …

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US Embassy recruiting delegation for SelectUSA Investment Summit

Event to be held from June 20-22 KUWAIT CITY, May 8: The US Embassy is leading a delegation from Kuwait to the fifth annual SelectUSA Investment Summit June 20-22 in Washington, DC. The Summit is a high-profile event that connects international companies and US economic development organizations (EDOs) facilitating business …

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Sustainable prosperity primary goal

FM OUTLINES KUWAIT FOREIGN POLICY OBJECTIVES AT FORUM KUWAIT CITY, March 22, (KUNA): Governor and Chairman of the Board of Directors of the Central Bank of Kuwait (CBK), Dr Mohammad Y. Al-Hashel emphasized Wednesday that the main objective of Kuwait’s fiscal, monetary and monitoring policies is sustainable prosperity. All financial …

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Seven pillars core Kuwait Vision 2035 – Kuwait plans $6.6bn industrial city

GOVERNMENT SHIFT FROM PLAYER TO FACILITATOR KUWAIT CITY, March 21: H.E. Khaled Al-Roudan, Minister of Commerce and Industry and Minister of State for Youth Affairs stated that Kuwait is looking for partnerships that will bring in new technologies and enhance present capabilities. In ‘A step towards the Future’, members of …

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Honest, promising … Kuwait open: PM

ISLAND DEVELOPMENT TO SPARK EMPLOYMENT BOOM KUWAIT CITY, March 20: Under the patronage of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the Kuwait Investment Forum (KIF) 2018 was inaugurated Tuesday morning at Bayan Palace, attended by His Highness the Amir himself, symbolizing the importance of the event. Organized …

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Canada’s Charest visits Kuwait to promote investment – Ex-Deputy PM highlights strengths of Canadian economy and competitive advantages of investing in Canada

KUWAIT CITY, Feb 11: Kuwait and Canada enjoy strong and growing bilateral relations, which are well-founded upon the fundamental principles and values shared by the two nations. Canadians contribute to Kuwait’s economy with a wide range of services and products in fields such as engineering, aerospace, education, medical consultancy and …

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Nod to agreements with foreign states – MPs stage sit-in

KUWAIT CITY, Feb 7: The National Assembly unanimously approved nine agreements between the governments of Kuwait and friendly countries as well as a European body, an organization and world conference in the first and second deliberations during its ordinary session on Wednesday. All 40 members voted in favor of the agreements …

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‘Kuwait improves position in World Bank’s DB index 2018’

Direct outcome of actively executing Tahseen Program: KDIPA KUWAIT CITY, Oct 31, (KUNA): Kuwait Direct Investment Promotion Authority (KDIPA) announced Tuesday that the country witnessed improvement in its position in the Ease of Doing Business Index 2018 (DB 2018), released by the World Bank Group, and in its Distance to …

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KIA posted loss of $1bn in fiscal year

Fund denies reports of bigger losses KUWAIT CITY, May 23, (RTRS): Kuwait Investment Authority (KIA), one of the world’s biggest sovereign wealth funds, said it had incurred a loss of 312 million dinars ($1.03 billion) in the financial year ended in March 2016, according to the country’s state news agency. …

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Saudi King launches investment drive in Asia – Kingdom seeks to bolster economy

RIYADH, Feb 26, (RTRS): Saudi Arabia’s King Salman started a month-long Asian tour on Sunday to build ties with the world’s fastest growing importers of Saudi oil and promote investment opportunities, including the sale of a stake in its giant state firm Saudi Aramco. The octogenarian monarch, who has overseen …

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