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Unleashing Kuwait’s Potential: A Look at the Latest News from Arab Times

Reading Time: 2 minutes

KFH Participates in the UAE Companies Investment Meet: Unlocking Kuwait’s Potential

Kuwait City, Apr 28: The Acting Group Chief Executive Officer of Kuwait Finance House (KFH), Abdulwahab Iesa Al Rushood, recently participated in the “UAE Companies Investment Meet: Unlocking Kuwait’s Potential.” In his statement, Al Rushood expressed his honor to be a part of this event, highlighting the valuable opportunity it presents for Kuwaiti and Emirati companies to collaborate on joint projects.

According to Al Rushood, such collaborations not only support economic development plans in Kuwait but also strengthen the historical ties within the GCC countries. He emphasized Kuwait’s rich investment opportunities across diverse sectors and the benefits of its long-established private sector, which has achieved numerous successes over the years.

The Kuwaiti banking system was also praised by Al Rushood for consistently supporting local companies through financing, advisory services, and expertise. He noted that this strong support is a result of the sector’s high creditworthiness and extensive presence in key regional and global markets, where it collaborates with major international partners.

Discussing Kuwait’s 2035 Vision, Al Rushood highlighted the government’s priority of streamlining and attracting investments to drive economic growth. He mentioned that Kuwait, leveraging its strong financial resources, is well-positioned for major development driven by the private sector.

Al Rushood reaffirmed KFH’s commitment to offering various forms of assistance to help advance the development process and enhance the economic landscape at both the local and regional levels. He expressed his gratitude to the organizers of the event and wished the forum success, hoping that it would play a vital role in attracting new investments and fostering growth in various sectors of Kuwait’s economy.

In conclusion, Al Rushood stated his hopes that the event would ultimately realize the aspirations of the Kuwaiti people. The participation of KFH in the “UAE Companies Investment Meet” signifies the bank’s dedication to supporting economic development and fostering collaboration between Kuwaiti and Emirati companies.

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