Zain supports economic diversification efforts in Kuwaiti market

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Kuwait City, Apr 29: Zain has sponsored the UAE Companies Investment Meet, entitled Unlocking Kuwait’s Potential, organized by the Embassy of the United Arab Emirates in Kuwait. The event ran for two consecutive days at the Regency Hotel and was joined by 20 UAE-based companies from across the most vibrant industries.

The event was attended by the representative of H.H. the Prime Minister; H.E. Minister of Commerce and Industry Abdullah Al Joan, H.E. UAE Minister of State for Foreign Trade Dr. Thani bin Ahmad Al Zeyoudi, H.E. UAE Ambassador to Kuwait Dr. Mutar Al Neyadi, Zain Vice Chairman and Group CEO Bader Nasser Al Kharafi, Vice Chairman and CEO of International Financial Advisors (IFA) & Chairman of the Union of Investment Companies Saleh Al Selmi, Acting Director General of the Public Authority for Industry Mohammed Al Adwani, along with top executives and leaders from both the public and private sectors.

The UAE Companies Investment Meet was organized by the Embassy of the UAE in Kuwait in partnership with the Union of Investment Companies, the UAE Chambers, the UAE International Investors Council, the Kuwait Direct Investment Promotions Authority (KDIPA), the Public Authority of Manpower, the Public Authority for Industry, and the Kuwait Authority for Partnership Projects (KAPP).

During the event, Zain Kuwait Chief Corporate Affairs and Relations Officer Waleed Al Khashti affirmed Zain’s support to this influential gathering that contributed to fostering sustainable growth in the Kuwaiti market across industries. He explained that Zain believes such platforms play a significant role in enhancing the business landscape, achieving economic diversification, promoting competitiveness, and positioning Kuwait on the regional map as an investment hub.

Al Khashti also noted that Kuwait’s private sector is a key strategic partner to local developmental goals and remains a main pillar of success, as it plays a prominent role in leading the economic landscape, promoting diversification, enhancing productivity, and fostering long-term sustainable growth. This has led Zain to support this event that has contributed to achieving these goals.

The UAE Companies Investment Meet aimed to enhance Kuwaiti-Emirati bilateral relations, diversify commercial partnerships in the Kuwaiti market and support their growth, explore promising investment opportunities to achieve sustainable growth, and offer space for exchanging ideas and expertise.

20 UAE-based companies joined the event, representing vibrant industries like food security, infrastructure, health, technology, transportation, shipbuilding, aircraft maintenance, and more. The companies demonstrated their offerings and strategic efforts to the local business community, with many presentations held to introduce investors and potential business partners to opportunities for collaboration, investment, and strategic partnership.

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