Industry leaders discuss Kuwait’s financial resilience and growth

• Mr. Ahmad Bastaki, Chair of AmCham Kuwait’s Banking & Finance Focus Group, praised the active participation of attendees and emphasized the need for continued dialogue and partnership to drive innovation and economic growth.

AmCham Kuwait, in collaboration with Al Tamimi & Company and partnered with The Business Year and Kuwait’s Union of Investment Companies (UIC), hosted an exclusive event titled “Kuwait’s Investment Landscape and Financial Resilience.”

Held today, the event brought together key industry leaders, policymakers, and stakeholders from the finance, banking, and investment sectors to discuss strategies for strengthening Kuwait’s economic future.

The event opened with welcome remarks by Aisha Alqabandi, who served as the Master of Ceremonies. She highlighted the event’s objectives, including showcasing key initiatives shaping Kuwait’s investment market, promoting financial resilience, advancing sustainable growth, and fostering collaborative dialogue among stakeholders.

Keynote address and recognitions

The event featured remarks by Ms. Ola Saab, Head of Corporate Commercial at Al Tamimi & Company in Kuwait, who underscored the critical role of legal expertise in navigating Kuwait’s evolving investment landscape.

The keynote address was delivered by Ms. FadwaDarwish, Secretary General of the Union of Investment Companies, who shared valuable insights into Kuwait’s investment market. Ms. Darwish emphasized the importance of strategic planning, adaptability, and innovation in strengthening Kuwait’s financial landscape.

The highlight of the event was a dynamic panel discussion moderated by Dr. Ziad Nakat, Resident Representative of the World Bank in Kuwait. The panel featured Ms. Fadwa Darwish, Secretary General of the Union of Investment Companies (UIC); Mr. Omar Amireh, Chief Country Officer at Citi Kuwait; Mr. AmitArora, Partner at Ernst & Young and Treasurer of AmCham Kuwait; Mr. Hamad Al Sheikh Musaed, VP and Head of Business Development at Rasameel; and Eng. Saheb Saleh Khajah, Chairman of Al Safat Consultant.

The discussion explored practical solutions and strategies to bolster financial resilience, including leveraging sustainable investment opportunities, diversifying investment portfolios, investing locally in Kuwait, and addressing taxation challenges. Panelists shared actionable insights and provided recommendations to improve the investment landscape, with a strong focus on the role of Small and Medium Enterprises in the economy.

Recognitions and closing remarks

The event concluded with a recognition ceremony for key contributors and partners. Representatives from The Business Year and other supporting organizations were acknowledged for their vital roles in fostering meaningful discussions and collaborations.

Closing remarks were delivered by Mr. Ahmad Bastaki, Chair of AmCham Kuwait’s Banking & Finance Focus Group. He praised the active participation of attendees and emphasized the need for continued dialogue and partnership to drive innovation and economic growth.