SAWT BEIRUT INTERNATIONAL

| 24 May 2024, Friday |

Saudi forum to attract Kuwaiti investments

”Invest in Saudi Arabia Forum” will kick off Monday in Kuwait within the framework of Saudi Investment Minister Khaled al-Falih’s visit to the country.

 

Several ministers and officials, public entities, significant companies, and representatives of the private sector from both countries are expected to attend the forum.

 

The forum aims to develop economic relations, promote mutual investments, explore the investment environment, and showcase the Kingdom’s most prominent investment opportunities.

 

The forum’s activities include panels and dialogue sessions to discuss the most promising investment sectors between the two countries, review the most prominent developments in the business environment in the Kingdom and significant projects related to Vision 2030, and bilateral meetings between government agencies and the private sector.

 

The visit of the Saudi Minister to Kuwait aims to deepen existing investment relations, build new and diversified qualitative partnerships, and strengthen economic, investment, and commercial ties with Kuwait.

 

The two countries have ambitious visions, Vision 2030 and Kuwait Vision 2035, which seek to play a role in the economic transformation and focus on attracting and diversifying foreign investments.

 

Vision 2030 provides opportunities for investors and companies to enter the Saudi market.

 

It contributes to searching for economic and commercial opportunities, attracting investments, and providing proper infrastructure, seeing that the Kingdom has massive investment capabilities harnessed to build a more diversified and sustainable economy.

 

In Kuwait, the stock market closed its trading on a rise in its general index of 18.18 points, reaching 7358 points, an increase of 0.25 percent, with a trading volume of 215.3 million shares, through the implementation of 9599 cash transactions, at a value of KD47.1 million.

    Source:
  • Asharq Al-Awsat