The UAE Companies Investment Meet kicked off on Sunday, April 28th, in Kuwait, marking a significant step towards strengthening economic ties between the two Gulf nations. Held under the theme "Unlocking Kuwait's Potential," the forum brought together key representatives from the UAE and Kuwaiti business communities to explore promising investment opportunities.
Organized by the UAE Embassy in Kuwait in collaboration with Kuwaiti institutions, the meet served as a platform for Emirati companies from various sectors to showcase their capabilities and forge partnerships with Kuwaiti counterparts. Twenty UAE companies representing government, private, and specialized sectors such as industry, transportation, healthcare, infrastructure, food security, technology, and artificial intelligence participated in the event.
The forum highlighted the growing interest of UAE businesses in the Kuwaiti market, which boasts a strategic location, a strong economy, and a business-friendly environment. Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, emphasized the longstanding relationship between the two countries and their commitment to enhancing joint cooperation in all areas.
"Our countries share a strong economic, commercial and investment partnership," Dr. Al Zeyoudi remarked during the opening ceremony. "This event serves as a testament to our commitment to building on this foundation and exploring new avenues for collaboration."
The forum addressed key topics relevant to cross-border investment, including business regulations, investment incentives, and potential challenges. Through presentations, panel discussions, and networking opportunities, participants gained valuable insights into the Kuwaiti market landscape.
Abdullah Hamad Aljouan, Kuwaiti Minister of Commerce and Industry, welcomed the UAE delegation and expressed his optimism about the forum's potential to unlock new investment opportunities. "This event is a crucial platform for fostering closer collaboration between Kuwaiti and Emirati businesses," he said. "By combining our strengths and expertise, we can achieve significant economic growth for both our nations."
The UAE Companies Investment Meet is expected to pave the way for increased investment flows between the UAE and Kuwait. The forum's success signifies the growing importance of regional collaboration in the Gulf Cooperation Council (GCC) as member states seek to diversify their economies and achieve sustainable development.