UAE President’s visit to Kuwait opens doors for strategic business opportunities

• Kuwaiti economic leaders highlighted the growing potential for expanding business opportunities between the two countries, paving the way for new partnerships and major projects that benefit both nations and the Gulf Cooperation Council.

Kuwaiti economic leaders emphasized the significance of UAE President His Highness Sheikh Mohamed bin ZayedAl Nahyan’s visit to Kuwait, highlighting its potential to open new opportunities for Kuwaiti and Emirati businesses to forge partnerships and undertake major projects that will benefit both countries and the Gulf Cooperation Council (GCC), according to Al Rai newspaper.

These economists agreed on the highly promising economic, developmental, and investment opportunities in both countries, highlighting their significant economic and human potential, which could drive development forward at both the bilateral and Gulf levels. They also emphasized the economic sector’s commitment to its national and Gulf role in contributing effectively to major development projects in both countries.

UAE’s President’s visit is a key addition to Kuwaiti-Emirati relations: Hamad Abdulmohsen Al Marzouq

Hamad Abdulmohsen Al Marzouq, Chairman of the Board of Directors of Kuwait Finance House Group (KFH), highlighted the strong ties and mutual respect that unite the two brotherly nations, stressing that the visit of His Highness Sheikh Mohamed bin Zayed to Kuwait is a key addition to Kuwaiti-Emirati relations.

He expressed optimism about continuing to strengthen the strategic partnership between the two countries, with the support of His Highness the Amir of Kuwait, Sheikh Meshaal Al-Ahmad Al-Jaber Al-Sabah, who has played a pivotal role in deepening the bonds of interdependence between Kuwait and its neighbors.

Al-Marzouq emphasized that KFH Group, with its strong financial position and broad presence in local, regional, and international markets, plays a vital role as a strategic partner in financing key development projects.

He noted that the group continues to support major Kuwaiti-UAE development projects, aiming to set a model for successful cooperation between private sector institutions in the Gulf region.

He further stated that the private sector in both countries holds great responsibility and must play a central role in strengthening bilateral relations, opening opportunities for Kuwaiti and Emirati companies to collaborate on joint projects that will contribute to the comprehensive development of both the nations.

Kuwait-UAE relations evolve into strategic partnership: Isam Jassem Al-Sager

Isam Jassem Al-Sager, Vice Chairman and CEO of NBK Group, stated that the visit of UAE President Sheikh Mohammed bin Zayed Al Nahyan to Kuwait is a crucial step in bolstering the brotherly relations between the two countries, which have evolved into a strategic partnership across various levels.

He noted that the UAE is Kuwait’s second-largest trading partner globally and the leading Arab and Gulf partner. Al Sager added that the two countries have signed several agreements aimed at enhancing economic relations, encouraging investments, and facilitating the flow of capital between them.

He emphasized that the economic ties between the UAE and Kuwait are strong and enduring, having seen remarkable development over the past decades. This is also reflected in their high-level partnership, as both nations recognize the importance of joint economic and trade cooperation and the need to activate it by increasing trade exchange and strengthening bilateral relations in various industrial, commercial, and investment sectors.

His Highness Sheikh Mohammed bin Zayed’s visit to Kuwait to open new opportunities for businessmen in both countries: Dr. Yousef Mohammad Al-Ali

Dr. Yousef Mohammad Al-Ali, Chairman of the Board of Directors of Kuwait Investment Company, pointed out that the bilateral relations between Kuwait and the UAE have historically evolved and developed, encompassing significant strategic cooperation in political, economic, diplomatic, commercial, cultural, and educational fields.

Al-Ali added that the visit of His Highness Sheikh Mohammed bin Zayed to Kuwait is part of efforts to strengthen brotherly relations and open wider horizons for developing strategic cooperation between the two countries. He emphasized the important role of economic leaders in the private sector in enhancing economic ties and increasing cooperation at all levels, for the benefit of both nations and the Gulf region as a whole.

He noted that thousands of Kuwaiti companies are operating in the UAE market, which is experiencing tangible progress, economic diversification, and growth in the non-oil sectors. At the same time, major Emirati companies have shown significant interest in expanding into the Kuwaiti market and participating in the implementation of the development plan.

Al-Ali pointed out that His Highness Sheikh Mohammed bin Zayed’s visit to Kuwait will open new economic opportunities for businessmen in both countries, in line with the policy of consolidating and advancing economic relations, both bilaterally and through the broader GCC framework.

United Arab Emirates is a pioneer in groundbreaking projects: Waleed Alsharian

, CEO of Buildings Company, stated that the visit of UAE President His Highness Sheikh Mohammed bin Zayed to Kuwait is a testament to the strong brotherly ties between His Highness the Amir Sheikh Meshaal Al-Ahmad Al-Jaber Al-Sabah and Kuwait, which he regards as “the home and place of His Highness.”

Alsharian added, “The Emirati people are dear to us, and we share a strong relationship with them, built on countless positive interactions. The UAE is a leader in development and pioneering projects, particularly in real estate, and remains a source of pride for us and the Gulf, exemplifying the value of exchanging experiences.”