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Kuwait Investment Outreach Roadshow, Singapore

Discover The Opportunities In A Transformed Economy

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Speakers include:
Courtney Fingar

Courtney Fingar

fDi Magazine

Yaqoub Yousef  Al Sanad

Yaqoub Yousef Al Sanad

Embassy of Kuwait, Singapore

H.E. Sheikh Dr. Meshaal Jaber Al Ahmad  Al Sabah

H.E. Sheikh Dr. Meshaal Jaber Al Ahmad Al Sabah

Kuwait Direct Investment Promotion Authority

Overview

The Kuwait Investment Outreach Roadshow, originally scheduled for 11 February in Singapore, has been postponed. The event will go ahead at a later date which will be published soon

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, the entry of foreign firms into key sectors and the promotion of its Vision 2035, a seven pillar programme that aims to secure the future through economic sustainability.

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fallback Add to my Calendar 02/11/2020 08:00:0002/11/2020 13:35:00trueKuwait Investment Outreach Roadshow, Singapore The Kuwait Investment Outreach Roadshow, originally scheduled for 11 February in Singapore, has been postponed. The event will go ahead at a later date which will be published soonAs 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, the entry of foreign firms into key sectors and the promotion of its Vision 2035, a seven pillar programme that aims to secure the future through economic sustainability.Kuwait-Investment-Outreach-Roadshow,-Singapore-56d564b41e5f54d83babf4f4c02096dbMM/DD/YYYY

Full Overview

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, the entry of foreign firms into key sectors and the promotion of its Vision 2035, a seven pillar programme that aims to secure the future through economic sustainability.

Kuwait enjoys strong investment-grade sovereign ratings (AA/Aa2) and low political risk ratings from major credit agencies globally. It was ranked 46 out of 141 in the WEF Global Competitiveness Index 4.0 2019. Despite these advances, challenges remain, and investors want the country to improve education and skills development, reduce labour regulations, enact policies and cut red tape to make setting up a business easier, which Kuwait is working on. This has helped it improve its rank to 83 out of 190 for ease of doing business in the World Bank Doing Business Report 2020, making it one of the 10 economies that improved the most on the ease of doing business after implementing regulatory reforms.

FDI from the services sector has overtaken oil and gas in the country, and investors from the software and IT services, finance and banking, healthcare, construction, renewable energy, smart city and logistics sectors are discovering lucrative investment opportunities in Kuwait.

Financial Times Live, fDi Magazine and Kuwait Direct Investment Promotion Authority (KDIPA) present the Kuwait Investment Outreach Roadshow, Singapore, the third in a series of three events being held in London, Silicon Valley and Singapore.

Join us to find out about investing in the country; engage with business leaders who are already operating in Kuwait, and find out from experts in the region about the business environment and opportunities available.

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Agenda - 11th Feb

  • 8:00am
    Registration and breakfast
  • 9:00am
    Chair's opening remarks

    Courtney Fingar, Editor-in-Chief, fDi Magazine, Financial Times Group

  • 9:10am
    Opening keynote remarks

    Sheikh Dr Meshaal Jaber Al Ahmad Al Sabah, Director General, Kuwait Direct Investment Promotion Authority

    Yaqoub Yousef Al Sanad, Ambassador, Embassy of Kuwait, Singapore

  • 9:30am
    Presentation: Middle East economic outlook
    • What is the regional outlook for growth?
    • What are the key economic, policy and trade challenges ahead?
    • How are the Kuwaiti government and Kuwaiti businesses tackling the challenges ahead?
    • How can investors in Kuwait benefit from economic developments in the wider region?

    Rabah Arezki, Chief Economist - Middle East and North Africa, World Bank

  • 9:50am
    Panel discussion: Focus on the new Kuwait
    • What are the objectives of Kuwait’s economic plan and why is FDI an essential part of the plan?
    • How is its business environment being developed? And what effect is that having on FDI into the country?
    • What is the role of investment companies in attracting foreign investment to Kuwait?
    • What is the role of education and training in the development of the country?
    • What is Kuwait’s 2035 Smart City vision? And what opportunities are there for investors?
    • How is the PPP framework being developed to encourage private sector participation in housing construction projects?
    • How is the government working with other stakeholders to ensure that new developments have adequate infrastructure to help drive PPPs and FDI?
    • What opportunities are there for the private sector – especially SMEs – to address Kuwait’s housing shortage?

     

    Sheikh Dr Meshaal Jaber Al Ahmad Al Sabah, Director General, Kuwait Direct Investment Promotion Authority

    Saleh Saleh Al Selmi, Chairman, Union of Investment Companies

    Hadeel Binnaji, Deputy Director General for Investment & Private Sector Projects, Public Authority of Housing Welfare, Kuwait

    Khaled A Mahdi, Secretary-General, Supreme Council for Planning and Development of Kuwait

     

    Moderator:

    Courtney Fingar, Editor-in-Chief, fDi Magazine, Financial Times Group

  • 10:40am
    Networking break
  • 11:10am
    Speech: Investing in Kuwait’s future
    • What is the role of Kuwaiti banks in supporting Kuwait Vision 2035?
    • How is the banking sector’s investment in digital transformation driving opportunities for firms in the tech sector?
    • How can Islamic finance unlock opportunities in the Kuwaiti economy?
    • What do investors need from the Kuwaiti government to help them budget and plan for the future?

    Mazin Al Nahedh, GCEO, Kuwait Finance House

  • 11:25am
    Speech

    Waleed Al Khashti, Chief of Corporate Communications, Zain Kuwait

  • 11:40am
    Panel discussion: Key sectors for Kuwait’s economic development
    • How has the development of the Kuwaiti capital market changed investor perceptions  of the country? 
    • How has the privatisation of Kuwait’s stock exchange changed its standing in the Middle East?
    • What are the roles of FDI and capital markets in fostering a competitive business environment for the development of smart cities in Kuwait?
    • What is the relationship between industry, technology and the economy in Kuwait?
    • What can we learn from construction and tech firms that are already investing in Kuwait?
    • How do you harness the opportunities of a Kuwaiti investment?
    • What is the role of the Science Technology and Innovation (STI) ecosystem in the development of Kuwait?

     

    Firas Al Oda, Director, Finance & Investments, Kuwait Foundation for the Advancement of Sciences

    Mohammed Saud Al Osaimi, CEO, Boursa Kuwait

    Sheikh Humoud Salah Al Sabah, Assistant Vice President, Government Business Relations, Kuwait Financial Centre – Markaz

    Muthanna A Al Saleh, Head of Markets Sector, Capital Markets Authority

    Muhannad Al Sanee, Founder, Chairman and CEO, Al Riyada Finance & Investment Company; Chairman, Kuwait Economic Society

    Moderator:

    Courtney Fingar, Editor-in-Chief, fDi Magazine, Financial Times Group

  • 12:30pm
    Chair's closing remarks

    Courtney Fingar, Editor-in-Chief, fDi Magazine, Financial Times Group

  • 12:35pm
    Networking lunch

Moderated By (1)

Courtney Fingar

Courtney Fingar

Editor-in-Chief
fDi Magazine

Courtney Fingar is the editor-in-chief of fDi Magazine and head of content for fDi Intelligence. In her role she oversees all elements of editorial production for the bimonthly magazine and its website, as well as editorial outputs for fDi Intelligence.
She is also the presenter for the ‘fDi On Location’ video series, and a regular contributor to the Financial Times newspaper. As a trained journalist, Ms Fingar interviews political and business leaders at the highest levels about economic and investment issues. She has covered business stories in all major regions of the world and has been on assignment to more than 80 countries in her career.
She is a popular panellist and moderator at international economic gatherings and has appeared on television and radio in dozens of countries as a commentator on international investment.
Before joining fDi in 2004, she served as the editor of Trade & Forfaiting Review, a London-based magazine focusing on trade finance. She worked previously as a journalist in Washington, DC.

Ms Fingar has a BA in journalism from the University of Alabama in the United States and an MSc in International and European Politics, with a special focus on political economy and trade issues, from the University of Edinburgh in Scotland.

Speakers (11)

Yaqoub Yousef  Al Sanad

Yaqoub Yousef Al Sanad

Ambassador
Embassy of Kuwait, Singapore

Yaqoub Yousef Al Sanad has been Ambassador Extraordinary Plenipotentiary of the State of Kuwait to the Republic of Singapore since 2014. Previously, he was Non Resident Ambassador to Rwanda, Tanzania and Burundi (2013-2014). Between 2010 and 2014 he was Ambassador to Kenya and Permanent Representative to the United Nations Office in Nairobi (UNON), United Nations Environment Programme (UNEP) and United Nations Human Settlement Programme (UN-Habitat). From 2009-2010, he was Counsellor at the Permanent Mission of Kuwait to the UN in New York, USA. He worked at the Embassy of Kuwait in Madrid, Spain, from 2006 to 2009. From 2002-2006 he was based at the Embassy of Kuwait in Ottawa, Canada. He worked in the Ministry of Foreign Affairs, Kuwait between 1992 and 1995, in the Embassy of the State of Kuwait in Brazil from 1995 to 2002 and in the Ministry of Foreign Affairs, Kuwait from 2000 to 2002.  

Mr Al Sanad has a BA in Political Science and Public Administration from Kuwait University, Kuwait.

H.E. Sheikh Dr. Meshaal Jaber Al Ahmad  Al Sabah

H.E. Sheikh Dr. Meshaal Jaber Al Ahmad Al Sabah

Director General
Kuwait Direct Investment Promotion Authority

Sheikh Dr Meshaal Jaber Al-Ahmad Al Sabah is the Director General of Kuwait Direct Investment Promotion Authority (KDIPA). He chairs the Permanent Committee for Streamlining Business Environment in Kuwait. He served as Chief of Kuwait Foreign Investment Bureau (KFIB) Division, Ministry of Commerce and Industry until July 2013.  He was also Deputy Chairman of the National Offset Company (NOC) and Chaired the Ministry of Commerce and Industry’s ministerial steering group on the insolvency and creditor/debtor regime. He was a member of the Board of Directors at the Central Bank of Kuwait between 2012 and 2013. He worked in the Council of Ministers in various capacities between 2003 and 2008.

He has a PhD in HR and Marketing Management from the University of Portsmouth; an MBA from the Netherlands’ Maastricht School of Management (Kuwait branch); and a BA in Political Sciences and Public Administration from Kuwait University. 

Mazin  Al-Nahedh

Mazin Al-Nahedh

Group Chief Executive Officer
Kuwait Finance House

Mazin Al-Nahedh has been Group Chief Executive Officer of Kuwait Finance House since 2014.  He previously held numerous leadership roles at the National Bank of Kuwait (NBK), which he joined as Banking Relationship Manager in its Corporate Banking Department in 1993. These include serving as a member of the Management Executive Committee (2010 – 2014), Group General Manager, Retail Banking Group (2011 – 2014) and Group General Manager, Corporate Banking Group (2008 – 2011). He was also Treasurer in 2008, Deputy General Manager of the Treasury Department in 2006, Assistant General Manager of the Treasury Department in 2004, and Executive Manager for the Treasury Department in 2001. 

Mr Al-Nahedh has a Bachelor’s degree in Finance from California State University Sacramento, USA. 

Rabah Arezki

Rabah Arezki

Chief Economist, Middle East and North Africa Region
World Bank

Rabah Arezki is the Chief Economist for the Middle East and North Africa Region at the World Bank and a senior fellow at Harvard University’s John F. Kennedy School of Government. Previously, Dr Arezki was the Chief of the Commodities Unit in the Research Department at the International Monetary Fund and a non-resident fellow at the Brookings Institution. He is also an external research associate at the University of Oxford, a resource person for the African Economic Research Consortium and a research fellow at the Economic Research Forum.

Mohammad Saud  Al-Osaimi

Mohammad Saud Al-Osaimi

CEO
Boursa Kuwait

Mohammad Saud Al-Osaimi is the CEO of Boursa Kuwait. Prior to this, he played a pivotal role in the reform and development of the capital markets, and the successful execution of Boursa Kuwait’s mission, vision and strategic objectives, in his capacity as the Head of Markets, helping to create new business opportunities.

Mr Al-Osaimi was a member of Boursa Kuwait’s first Board of Directors, which he joined in 2015 after spending more than two decades in various senior positions in the investment field.

He has a Master’s degree in Public Administration from Carnegie Mellon University, USA, and a BSc in Mechanical Engineering from Gannon University, USA.

Waleed  Al Khashti

Waleed Al Khashti

Chief of Corporate Communications
Zain Kuwait

Waleed Al Khashti currently holds the position of Chief Corporate Communications and Relations Officer at mobile telecommunications company Zain Kuwait. He has been responsible for the company’s external, internal and media relations, as well as its corporate social responsibility (CSR) and sustainability strategies, since 2009. He has more than 20 years of experience in the telecoms sector with Zain having started his career at the firm in the sales department and progressing to roles such as High Value Customers Manager. 

For the past 10 years, Waleed’s vision in public relations, CSR and sustainability have helped to shape Zain’s strategies in these areas, primarily focusing on the health, youth, education, sports, special needs, humanitarian and environmental sectors. 

Waleed has a degree in Economics from Kuwait University and a Master’s in Project Management from George Washington University, USA.

Hadeel  Binnaji

Hadeel Binnaji

Deputy Director General for Investment & Private Sector Projects
Public Authority of Housing Welfare, Kuwait

Hadeel Binnaji has been Deputy Director General For Investment and Private Sector Projects at Kuwait’s Public Authority of Housing Welfare (PAHW) since February 2016. She oversees the Investment and the Private Sector Projects departments. She is also in charge of managing PAHW’s investment, commercial and industrial land assets and the private sector partnership. 

Her previous roles include Deputy General Manager at Kuwait Credit Bank; Independent Financial Consultant with a private family office; Deputy General Manager – Investment with Injazz at Real Estate Development Company (Kuwait); Financial Analyst with the Arab Fund for Economic and Social Development (Kuwait); Financial Consultant with Merrill Lynch (Bahrain); Branch Manager with Gulf Bank (Kuwait); and Foreign Exchange Dealer with the Central Bank of Kuwait (Kuwait).  

Ms Binnaji has a BA in Economics from the University of Southern California, USA.

Muthanna A  Al Saleh

Muthanna A Al Saleh

Head of Markets Sector
Capital Markets Authority

Muthanna Al Saleh is Head of Markets Sector at the Capital Markets Authority (CMA). He has more than 25 years of experience in finance, investment and banking,in Kuwait’s public and private sectors.

After joining the CMA as Director of the Markets Regulation Department in April 2013, Mr Muthanna went on to be appointed Head of Markets Sector, with a brief to elevate and position Kuwait's capital markets in the emerging markets arena. He currently leads implementation of market development. He also works with other teams and committees on several of CMA’s strategic projects. 

Mr Al Saleh has a BSc in Industrial Engineering from the University of Dayton in Ohio, USA.

Khaled Mahdi

Khaled Mahdi

Secretary-General
General-Secretariat of The Supreme Council for Planning and Development, Kuwait Council for Planning and Development, Kuwait

Khaled Mahdi is the Secretary-General of the Supreme Council for Planning and Development (GSSCPD) and is the Program Director of the Country Plan Action Program of UNDP in Kuwait. He serves several high-level government boards, committees, such as the Public Authority for Industries, the Kuwait Institute for Scientific Research, the Public Housing Welfare Authority, the National SME Fund, the Economic, Fiscal Reform (Estidama) Committee, the Kuwait Master Plan 2040, and heads the National Committee for the Implementation of the UN Agenda 2030. Currently, he resides as a board member in Enayah Hospital Management Company responsible in privatising the operation of Jaber Hospital. Since he assumed his current post, Khaled established proudly the Kuwait Public Policy Center (KPPC) with a nudge unit (KPAL) and the National Knowledge-Economy Center (NKEC) and initiated the New Kuwait outreach public campaign, Kuwait Sustainable Development Award (KSDA) and Kuwait Distinguished Women Award (KDWA). He received the “People First” Leader GCC HR Award in (2018). He served as an Advisor for the Kuwait University strategic office (2005) and for the Minister of Planning and Development Affairs office (2013). In the private sector, Khaled chairs the region’s first construction waste recycle plant (BOT project with the Government of Kuwait) and cofound a consultancy services firm besides sitting on several boards of local and regional industrial corporations. 

In academia and for consecutive 15 years, Khaled was an Associate Professor in the College of Engineering and Petroleum at Kuwait University where he taught 30 different engineering and management courses, received the best teaching award, co-authored more than 65 publications. He professionally trained more than 1300 professionals in engineering and management fields. He received the Best Teaching Award in Kuwait University (2009) Khaled is a graduate of the University of Toronto and holds a PhD degree from Northwestern University in Chemical Engineering. He is a Certified Consultant Engineer (CEng), a Project Management Professional (PMP) and PRINCE2, a certified GCC Commercial Arbitrator, and is a member in several international professional organisations.

Sheikh Humoud Salah  Al Sabah

Sheikh Humoud Salah Al Sabah

Assistant Vice President, Government Business Relations
Kuwait Financial Centre ‘Markaz’

Sheikh Humoud Salah Al Sabah is an Assistant Vice President in the Government Business Relations department at Kuwait Financial Centre – Markaz. He joined Markaz in 2010, working in the research department where he focused on evidence-based economic and financial research and advised several public and private committees, along with supporting the firm’s stakeholders and partners. 

Humoud has an MSc in Entrepreneurship and Innovation from Queen Mary University of London and a BSc in Finance from Gulf University for Science and Technology, Kuwait.

Saleh Saleh  Al-Selmi

Saleh Saleh Al-Selmi

Chairman
Union of Investment Companies

Saleh Saleh Al-Selmi is the Chairman of Union of Investment Companies. He has 40 years of expertise in financial advisory and asset management as well as active involvement in investment derivatives particular to the Kuwaiti market. 

He also holds – or had held – positions on the boards of companies including Chairman, Kuwait Clearing Company; board member and CEO, International Financial Advisors Holding Company; Deputy Chairman, Umm Al-Hayman Wastewater Project Company; board member, Automated Systems Company; Deputy Chairman, Kuwait Insurance Federation; board member, Addax Bank (Bahrain) and Chairman, IFA Financial Services Co (Syria).

Mr Al-Selmi has a Bachelor of Commerce in Business Administration/Finance from the University of Kuwait.

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Delegate Profile

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.

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Why Attend?

  • Explore the economic outlook for Kuwait and the wider region
  • Discover the new opportunities created for investors and Kuwait’s diverse future economy
  • Blend with foreign investors with varied investments in the Kuwaiti market
  • Find out about Kuwait’s new pro-investment FDI laws, KDIPA’s One-Stop-Shop, and how to take the next step in investing in Kuwait.
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Presented By (2)

The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. The FT has a record paying readership of one million, three-quarters of which are digital subscriptions. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.

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.

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 

Platinum Sponsors (1)

Global Integrated Banking Operations

Leading the Islamic finance industry, KFH Group offers a wide range of Islamic products and services across several regions in Kuwait, Kingdom of Saudi Arabia, Kingdom of Bahrain, Republic of Turkey, Kingdom of Malaysia and the Federal Republic of Germany, with over 480 branches, more than 990 ATMs and approximately 9,000 employees.

Kuwait Finance House (KFH) was the first Islamic bank established in Kuwait in 1977. Today, KFH is one of the leading Islamic banking institutions in the world, and one of the biggest financiers in both the local and regional markets.

KFH (KSE: KFIN) is a publically listed company on the Kuwait Stock Exchange (KSE). The largest shareholders are Kuwait Investment Authority (Direct), Kuwait Awqaf Public Foundation (Direct), Public Authority for Minors’ Affairs (Direct), and The Public Institution for Social Security (Indirect). 

Gold Sponsors (4)

Since its inception, Boursa Kuwait’s mission driven strategy focuses on developing the overall market status in line with international standards, while addressing market needs through the provision of investment tools, restructuring the market to increase its competitiveness and liquidity, reinforcing transparency and operational best practices, elevating investor confidence and attracting local and
foreign investments. 

Boursa Kuwait’s ongoing progressive market reforms have set the path for the seamless implementation of numerous enhancements in the Kuwaiti equity market and introduced various products and services for both issuers and investors, which helped the company introduce market segmentation and further regulate the exchange.

Boursa Kuwait has proudly achieved prominent milestones that have positioned it in the forefront among other exchanges in the region, most recently Kuwait’s reclassification to an ‘Emerging Market’ by MSCI in December 2019. This follows Kuwait’s inclusion in S&P Dow Jones Indices’ (S&P DJI), Global Equity Indices, with Emerging Markets classification in December 2018, and in the FTSE
Russell Emerging Markets Index in September 2017. 

Furthermore, Boursa Kuwait’s privatization is a testament to the company’s efforts to boost the country’s economy and its position as a regional financial center.

During the last two decades, the investment companies have been an immense impetus within the local and regional economy. They have provided financing and investment services, asset management, in addition to the financial investment services, such as mergers & acquisitions and more. Furthermore, they have rapidly extended their business operations in the regional and international markets, including the provision of financial services in accordance with the provisions of the Islamic regulations.

Based on the importance of this sector, the idea of establishing the Union of Investment Companies, which was launched in January 2005, and It currently has 34 investment companies, of which 17 are listed on the Kuwait Stock Exchange.

As of Sep. 2019, there were 72 investment and financial services companies, with assets under management of KD20.5 billion, according to the Central Bank of Kuwait

UIC works on lot of Objectives, such as:

  • Activating the involvement and participation with all formal and informal establishments in the country as well as working with them to develop a clear strategy to transform Kuwait into an advanced financial center to create a competitive atmosphere for all investment companies.
  • Providing and suggesting draft proposals to update and reform legislation on the financial sector (the Capital Markets Authority law, corporate law, and the foreign investor law, etc.)
  • Working to complete the institutional structure of a mature financial market, which operates to protect the investments and improve the investment environment and stability of transactions, raising confidence in the economy
  • Working to increase the number of UIC members, and to provide detailed data on member companies.
  • Expanding the investment base for investment companies and assisting the investment sector in launching its investment projects and overcoming all obstacles facing investments and the promotion of the investment companies inside and outside Kuwait.
  • Encouraging investment companies and financial markets on growing their activities and widening their financial instruments (various funds, fixed income debt instruments, convertible bonds, Islamic bonds, etc.) to assist investors in diversifying their operations and investment choices.
  • Seeking arbitration to settle internal disputes that may arise between UIC members. 
  • Direct communication and establishing joint committees with all the official entities that are relevant to the investment sector (Central Bank of Kuwait, Capital Markets Authority, Ministry of Commerce and Industry, Ministry of Finance, Kuwait Chamber of Commerce and Industry, Committee of Finance and Economic Affairs in the National Assembly, Financial Committee at the Council of Ministers, Workforce Program and Restructuring, and more). 
  •  Activating the role of Investment Studies Center (ISC) to provide services and trainings to those interested in the investment field.

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.

The Kuwait Foundation for the Advancement of Sciences (KFAS) continues on its 40-year journey to harness science, technology and innovation in Kuwait, as well as to promote modernization, a better quality of life and a sustainable future for the Kuwaiti people. In line with the long-term vision of the late Amir Sheikh Jaber Al Ahmad Al Jaber Al Sabah and supported by leaders in the private sector, an Amiri Decree was issued in 1976 for the establishment of the Foundation, with a focus on advancing and integrating science, technology and innovation (STI) throughout the country.The Foundation’s efforts toward fostering STI to address national challenges first began through the pledge made by the private sector shareholding companies to fund the Foundation based on a set percentage of their annual profits — currently at one percent — as well as through the incorporation of a unique governance modality, in which the Board of Directors is chaired and appointed by the Amir of the State of Kuwait. Today, KFS’s impact is prominently embedded within the country’s scientific and technological accomplishments and advancements.

Vision: 
“A thriving culture of science, technology and innovation (STI) for a sustainable Kuwait”

Mission:
“Stimulate and catalyse the advancement of STI for the benefit of society, research and enterprise in Kuwait”

Venue

InterContinental
80 Middle Road
Singapore 188966

Singapore

Tel: +65 6338 7600

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