TBY PENS AGREEMENT WITH KUWAIT DIRECT INVESTMENT PROMOTION AUTHORITY

Kuwait City, November 21, 2018—The Business Year has renewed its partnership with the Kuwait Direct Investment Promotion Authority (KDIPA) in the build-up to the publication of The Business Year: Kuwait 2019.

At an MoU signing ceremony, Sheikh Dr. Meshaal Jaber Al-Ahmed Al-Sabah, Director General of Kuwait Direct Investment Promotion Authority (KDIPA), and The Business Year representatives Ioana Popa, Kuwait Country Manager, and Peggy Rosiak, Managing Director of The Business Year Events, put pen to paper to confirm the continued partnership between the two organizations, now in its fourth year.

Sheikh Dr. Meshaal stated that KDIPA continues to “support research that aims to shed light on Kuwait's dynamic business climate and the latest developments as well as opportunities happening in Kuwait by reputable international specialized publications such as TBY who is planning to produce another report on Kuwait this year."

TBY conveyed its excitement to be back in Kuwait, and its representatives provided details on an upcoming London-based event that the two organizations will hold in the coming year.

“Kuwait is increasingly attractive to investors across the world, which is why it is highly important for us to promote, throughout our upcoming 2019 edition, all the great opportunities this country has to offer," Ms. Popa commented. Ms. Rosiak added, “We sincerely hope that our event in London will increase the visibility of Kuwait and I am sure that, in partnership with KDIPA, we will convey the right message to the global investor community."

KDIPA is hard at work to attract higher levels of FDI to Kuwait and, for this year's edition, TBY will showcase the increasing role of private companies in the Kuwaiti economy, as well as the implementation of a very unique model for PPPs.

Education, health, and the growing presence of new technologies in the banking sector will also be among the main topics The Business Year: Kuwait 2019 will analyze, all with the help of KDIPA and leaders from other significant private and public institutions around the country.