As Kuwait puts measures in place to transform itself into a world-class financial and commercial centre, there are opportunities for the private sector to grab a slice of the action. With this in mind, the Financial Times, fDi Magazine and Kuwait Direct Investment Promotion Authority (KDIPA) are delighted to present the Kuwait Investment Outreach Roadshow, a series of three events being held in London, Singapore and Silicon Valley.
Kuwait Investment Outreach Roadshow, Singapore
Discover The Opportunities In A Transformed Economy
In partnership with
New laws on foreign investment and public-private partnerships have proved popular with investors. Other developments include opening the stock market to non-Kuwaitis and the entry of foreign firms into key sectors such as banking.
As Kuwait puts measures in place to transform itself into a world-class financial and commercial centre, there are opportunities for the private sector to grab a slice of the action. New laws on foreign investment and public-private partnerships have proved popular with investors. Other developments include opening the stock market to non-Kuwaitis and the entry of foreign firms into key sectors such as banking.
The country’s ideal location and high quality of life are matched by consistent oil reserves, modern infrastructure, robust legal framework, strong macroeconomics, sound banking system and low political risk.
Kuwait enjoys strong investment-grade sovereign ratings (AA/Aa2) and low political risk ratings from major credit agencies globally. It was ranked 30 of 137 countries for its overall macroeconomic environment and 7 for its government debt as a percentage of GDP (WEF Global Competitiveness Report 2017-18). And the WEF also ranks it as the world’s third most attractive tax regime. Despite these advances, challenges remain, and investors want the country to enact policies and cut red tape to make setting up a business easier which Kuwait is working on especially that it improved its rank from 102 to 96 out of 190 in the World Bank Doing Business Report 2018 and improved its DTF score in starting a business and registering property.
Opportunities for investors exist in sectors as diverse as:
- Healthcare services
- Oil and gas and downstream manufacturing
- Education and training
- Finance and banking and,
- Information technology and software development.
The morning reception will provide attendees with an insight into the opportunities offered by the prospering Kuwait economy.
Attendance would be particularly useful for Senior Executives from the following sectors:
- Education & training
- Finance & banking
- Healthcare services
- IT & software development
- Oil & gas
This Roadshow is proving very popular, so please apply now to confirm your attendance. Please note that all applications are subject to review by the Publisher.
PRESENTED BY (2)
fDi Magazine provides an up-to-date image of the ever-changing global investment map.
Published bi-monthly with an ABC audited circulation of 15,284 active corporate readers and crossborder investment professionals, fDi Magazine is a central part of the fDi Intelligence portfolio of investment products and services from the Financial Times.
fDi Magazine is part of the fDi Intelligence portfolio of investment products and services from the Financial Times. Specialising in all areas relating to foreign direct investment and investment promotion, the fDi Intelligence suite also includes:
fDi Markets - The most comprehensive online database of crossborder greenfield investments available, covering all countries and sectors worldwide. It provides real-time monitoring of investment projects, capital investment and job creation with powerful tools to track and profile companies investing overseas.
fDi Benchmark - A platform to benchmark the competitiveness of countries and cities in more than 65 sectors. Its comprehensive location data series covers the main cost and quality indicators for more than 700 locations around the world.
fDi Reports - Provides sector, country, company and bespoke FDI reports, delivering vital business intelligence to corporations, investment promotion agencies, economic development organisations, consulting firms and research institutions.
The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. In 2016 the FT passed a significant milestone in its digital transformation as digital and services revenues overtook print revenues for the first time. The FT has a combined paid print and digital circulation of more than 910,000 and makes 60% of revenues from its journalism.
IN PARTNERSHIP WITH (1)
Kuwait Direct Investment Promotion Authority (KDIPA) is established in accordance with Law No. 116 of 2013 regarding the promotion of direct investment in Kuwait that aims to attract added value direct investments into Kuwait by promoting the country as an investment destination of choice by showcasing its unique attributes.
KDIPA’s responsibilities include licensing investments and granting incentives according to a transparent criterion, along with providing continuous investors facilitation and aftercare through its Investors Service Centre and is also part of the national one stop shop (OSS) at Kuwait Business Centre (KBC).
In addition, KDIPA manages its economic zones and the free zones as well as coordinating national efforts to streamline business environment, and enhancing Kuwait’s competitiveness to achieve economic diversification and sustainability.
As Kuwait’s designated IPA, KDIPA welcomes and encourages interested investors to settle their businesses in Kuwait in order to benefit from its dynamic project pipeline market, and to get the
chance to choose from a host of mega opportunities in various leading sectors with the ability to own up to a 100% equity share by establishing a legal entity in Kuwait or opening a full-fledged branch.
For more information:
Visit https://kdipa.gov.kw/en/ Follow @KDIPA
GOLD SPONSORS (2)
About Kuwait Financial Centre “Markaz”
Kuwait Financial Centre 'Markaz' was established in 1974, and has become one of the leading asset management and investment banking institutions in the Arab region. Markaz's Assets under Management (AUM) as of 30 June 2017 is KD 960 million (USD 3.17 Billion). Markaz was listed on the Boursa Kuwait in 1997.
Since its establishment, Markaz has sought to provide sophisticated and competitive financial services, which give its investors and clients a window on regional and global markets. Knowledge and innovation have been the values we relied on when launching financial instruments in the local market as well as those in MENA, East Asia, and North America, in addition to our participation in investment, industrial, and real estate projects, both locally and abroad. Markaz offers full-fledged services in asset management and investment banking.
Markaz has earned a credible name for itself amongst the top performing fund managers in Kuwait due to this strong and consistent performance spanning many years. The support of a qualified research team of experienced finance professionals helps the investment managers set their investment strategies.
Mobile Telecommunications Company “Zain” was founded in 1983 in Kuwait as the first mobile telecommunications company in the Middle East and Africa. The Group’s flagship operation has enjoyed a proud history of achievements since then, including becoming the first telecom operator to launch a commercial GSM service in the region in 1994, as well as becoming the first telecom company in Kuwait to launch nationwide 4G LTE Internet services in 2012.
Looking ahead, Zain is following several strategic objectives, namely to consistently exceed customer expectations and maintain its leadership position by launching promotions and services that meet customers’ needs as per the highest quality standards through its largest network of branches and its dedicated call center (107).
As a main partner of the community in which it operates, Zain is keen on delivering its Corporate Sustainability and Social Responsibility through investing in and launching several sustainable initiatives that cater to education, health, environment, youth, sports, and other essential sectors. Zain believes that it has a responsibility to lead in the promotion of positive behavioral change within the community, and will continue to find ways to inspire and motivate people in leading humanitarian initiatives so as to foster a better world for everyone.