Kuwait sees better inter-Arab ties through Iraq reconstruction confab
KFAED among notable participants in KICRI HH Crown Prince receives state officials
KUWAIT CITY, Feb 11, (KUNA): A Kuwait-hosted conference on reconstruction in Iraq represents an unprecedented opportunity to take ties between Arab nations to new levels, an official said on Sunday. The “Kuwait International Conference for the Reconstruction of Iraq is a path towards a brighter future in the Arab region,” the Chairman of the Kuwait Chamber of Commerce and Industry (KCCI) Ali Al-Ghanim said during his meeting with a contingent of Iraqi journalists.
He pointed out that the conference aims to rebuild a nation that lies in tatters after years of warfare, citing a separate meeting over investment in Iraq, where a
From left: HH the Crown Prince with HH the Prime Minister, Dy Speaker Al-Kandari and Defense Minister Sheikh Nasser Sabah Al-Ahmad.
number of development projects in Baghdad are expected to be promulgated.
On the “Invest in Iraq” conference, Al-Ghanim revealed that some 1,850 companies from 50 nations are set to participate, a testament to the magnitude of the event.
Meanwhile, Wafa Al-Qatami, a KCCI official, said the conference proves Kuwait’s commitment to serving the best interests of the Arab region.
Addressing a panel discussion involving Kuwaiti companies that plan to invest in Iraq, Al-Qatami noted that the conference could usher in an epoch of stability and peace for the entire region.
Dr Sami Al-Araji, Chairman of
Al-Ghanim
the National Investment Commission of Iraq, thanked Kuwait for the initiative, saying his country now has the chance to lure foreign investment after its military victory over the so-called Islamic State.
He went on to tout the ample investment opportunities Baghdad has to offer, in sectors running the gamut from healthcare and education to the tourism industry.
Meanwhile, Kuwait has never failed to stand by Iraq at all times, as evident by a conference the country is hosting over reconstruction in Baghdad, an Iraqi official said on Sunday.
Chairman of the National Investment Commission of Iraq Dr Sami Al-Araji’s remarks came on the sidelines of a panel discussion organized by the Kuwait Chamber of Commerce and Industry (KCCI).
Al-Araji said that Kuwaiti businessmen are eager to explore the bountiful investment opportunities that his country has to offer, hoping that the lion’s share of development projects in Baghdad would go to Kuwait.
He touted the massive turnout for the “Kuwait International Conference for the Reconstruction in Iraq,” which further highlights the enormity of the event.
The Iraqi official explained that the attendees at the conference will discuss what is needed to rebuild a nation battered by war, adding that development projects in Baghdad are crucial to restore stability to the country.
Al-Araji noted that the broad participation in the conference proves the international community’s sincere efforts to rebuild Iraqi cities freed from the clutches of the socalled Islamic State.
The Kuwait Fund for Arab Economic Development (KFAED) is actively involved in a Kuwait-hosted conference over reconstruction in war-torn Iraq, its chief said on Sunday.
In his meeting with a contingent of Iraqi journalists, KFAED Director General Abdulwahab Al-Bader said that human development is the key to the prosperity of any nation.
His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received Sunday at Seif Palace His Highness Prime Minister Sheikh Jaber AlMubarak Al-Hamad Al-Sabah.
His Highness Sheikh Nawaf also received Deputy National Assembly Speaker Issa Ahmad Al-Kanderi.
His Highness the Crown Prince also received First Deputy Prime Minister and Defense Minister Sheikh Nasser Sabah Al-Ahmad Al-Sabah, Deputy Premier and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah, as well as Deputy Premier and Minister of Interior Sheikh Khaled Al-Jarrah Al-Sabah. (KUNA)
HH the Crown Prince with FM Sheikh Sabah Khaled.
HH the Crown Prince with Interior Minister Sheikh Khaled Al-Jarrah.