Middle East

The start of the first day of the Emirati Companies Exhibition and Forum in Kuwait

Kuwait, April 28 / WAM / The first day of the Emirati Companies Exhibition and Forum, which will be held over the 28th and 29th of April, began today in the sisterly State of Kuwait, in the presence of a number of leaders and officials of the economic sector in the two countries, and with the participation of 20 of the largest Emirati companies in the government sectors. Private, and organized by the UAE Embassy in cooperation with the Union of Investment Companies and the Public Authority for Industry and Manpower.

The holding of the exhibition and forum comes within the framework of the two countries’ keenness to enhance joint cooperation in various fields, as the first edition of the UAE Companies Exhibition and Forum brought together a group of local, regional and international companies and investment institutions under one roof, making it an ideal platform to explore promising sectors and industries and the most important investment and commercial opportunities for Emirati companies. In the Kuwaiti market.

The exhibition and forum were opened by His Excellency Dr. Matar Al Neyadi, UAE Ambassador to Kuwait, in the presence of His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, His Excellency Abdullah Al-Joaan, Minister of Trade and Industry in Kuwait, His Excellency Abdullah Al Mazrouei, President of the Federation of Chambers of Commerce and Industry in the UAE, and in the presence of a number of economic figures in his country. Kuwait.

On this occasion, His Excellency Dr. Thani bin Ahmed Al-Zeyoudi said in his opening speech, “First of all, I thank you for the good reception. Kuwait is beloved in the heart of every Emirati and has a special place that we pass on to generation after generation. Today, at the Emirati Companies Exhibition and Forum, its organization comes at a time when fraternal Emirati-Kuwaiti relations continue on their course.” Prosperous at all levels and fields.”

He added, “We have an economic, commercial, and investment relationship, as these distinguished relations continue their momentum from a common and mutual will to continue strengthening relations between the two peoples, which is reflected in the mutual fraternal visits, the most recent of which was the visit of His Highness Sheikh Mishal Al-Ahmad Al-Sabah, Emir of Kuwait, to the UAE during… Last March.

His Excellency said, “The UAE and Kuwait are united by a long, extended history of fraternal relations and social and economic ties. The past years have witnessed a set of steps that have confirmed the extent of the commitment of the two brotherly countries to developing relations and coordination in various fields, including the formation of the joint supreme committee between the UAE and Kuwait, which is working on Developing and developing bilateral relations.”

For his part, His Excellency Abdullah Al-Joaan said in his speech, “I am honored to represent His Highness the Prime Minister Sheikh Dr. Muhammad Sabah Al-Salem Al-Sabah – the patron of the UAE Companies Exhibition and Forum, and I am pleased to extend my sincere thanks to the UAE Embassy for organizing this exhibition and forum, and to welcome our brothers.” Emiratis in their second country, Kuwait.

He added, “The organization of the exhibition and forum for UAE companies in the State of Kuwait comes in the wake of the state visit made by His Highness the Amir, Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, to the sisterly UAE to enhance joint cooperation between the two countries in all fields, including trade and investment, as Kuwait is a trade partner.” strategically for the UAE.

He stressed that such forums restore the private sector in Kuwait and the Emirates to its historical role as a bridge between the two peoples, and confirm their commitment to supporting the Gulf private sector and making it an effective and vibrant sector in the region to contribute to strengthening and developing the economies of the two countries in various fields.

His Excellency said, “Our presence today must not be limited to exchanging projects and investment opportunities. Rather, it must discuss the challenges and obstacles facing investors in the two countries, and develop specific and implementable joint recommendations that lead to a better framework for trade and investment exchange between the two brotherly countries. History proves beyond room.” There is no doubt that the future smiles at those who work together.”

His Excellency Matar Al Neyadi said in his speech, “I welcome His Excellency the Ministers of Commerce of the two brotherly countries for their interest and presence with us today and for their support of the initiative of the UAE Embassy in holding this exhibition and forum for Emirati companies under the title of exploring opportunities in the Kuwaiti market.”

He stressed the importance of the exhibition, which aims to introduce Emirati companies to the investment environment, legislative systems and facilities provided in Kuwait by creating a dialogue with relevant government agencies such as the Ministry of Trade and Industry, the Investment Promotion Authority, the Public Authority for Manpower, the Public Authority for Industry, and the Public-Private Partnership Authority, as well as displaying capabilities and expertise. Emirati companies encourage investors and businessmen in Kuwait to explore cooperation opportunities in different sectors.

His Excellency stressed the keenness of the UAE Embassy to communicate and meet with investors and manufacturers in the two brotherly countries to stimulate this cooperation to create job opportunities and increase the volume of exports between the two brotherly countries and to work to overcome any challenges they may face.

He said, “The idea of ​​holding an exhibition and forum for Emirati companies arose out of our belief that the Kuwaiti market is a promising market and Emirati companies have the capabilities and quality in production to enter this market and provide services and products that meet the expectations of consumers and partners. 20 companies from different sectors are participating in this exhibition and forum, the most important of which is food security and infrastructure.” Infrastructure, health, technology, transportation, shipbuilding, aircraft maintenance, and oils.”

The exhibition and the Emirati Companies Forum in Kuwait concluded the first day, and its outcomes contributed to introducing Emirati companies to the government procedures and facilities provided, through organizing various presentations by Kuwaiti government agencies.

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