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Tuesday, December 03, 2024
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AmCham Kuwait explores investment opportunities and financial sector strength

publish time

28/11/2024

publish time

28/11/2024

AmCham Kuwait explores investment opportunities and financial sector strength
Secretary-General of the Union of Kuwaiti Investment Companies Fadwa Darwish

KUWAIT CITY, Nov 28: The American Chamber of Commerce in Kuwait (AmCham) held a seminar on Thursday titled “Investment Landscape in Kuwait and the Strength of the Financial Sector”. The event brought together economic leaders to discuss key initiatives shaping Kuwait's investment market, strategies for sustainable growth, and fostering dialogue among the finance, banking, and investment sectors.

In her opening remarks, Aisha Al-Qabandi, AmCham Kuwait’s representative, emphasized the importance of creating opportunities for dialogue between industry leaders, decision-makers, and stakeholders to explore practical approaches for advancing Kuwait’s economic future.

Secretary-General of the Union of Kuwaiti Investment Companies, Fadwa Darwish, delivered a visual presentation on Kuwait’s investment market. She highlighted the need for strategic planning, adaptability, and innovation to strengthen the nation’s financial sector.

Ola Saab, Head of the Commercial Companies Department at Al-Tamimi & Co. in Kuwait, underscored the critical role of legal expertise in navigating Kuwait’s evolving investment landscape.

A panel discussion moderated by Dr. Ziad Al-Nakat, the World Bank Representative in Kuwait, delved into practical strategies to enhance financial resilience. Topics included leveraging sustainable investment opportunities, diversifying portfolios, promoting local investments, and addressing tax-related challenges.

The session concluded with actionable recommendations for improving Kuwait's investment environment, emphasizing the vital contribution of small and medium enterprises to the economy.

Founded in 1985, the American Chamber of Commerce in Kuwait (AmCham Kuwait) is a non-profit organization comprising 500 companies of various sizes, including small and medium enterprises, as well as prominent American and Kuwaiti business leaders.