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Major Companies... 'Settling Down' in Kuwait

Major Companies... 'Settling Down' in Kuwait
Qiyas summary

Meetings with KKR and BlackRock executives to boost investment

Translated by Qiyas from النهار — Original source

His Highness the Crown Prince, Sheikh Sabah Al-Khaled, received Scott Charles Nutall, Co-Chief Executive Officer of KKR, and the accompanying delegation at Bayan Palace yesterday morning, on the occasion of his visit to the country. The meeting reviewed areas of economic cooperation and ways to develop them, and discussed several topics related to the global economic landscape, aimed at attracting global companies to qualify and develop national capabilities.

His Highness the Crown Prince also received Larry Fink, Chairman and Chief Executive Officer of BlackRock, and the accompanying delegation, on the occasion of his visit to the country. The meeting explored ways to enhance joint cooperation in the economic field and strengthen partnerships with global institutions, thereby supporting economic development efforts, diversifying investment areas, and qualifying and developing national capabilities in line with sustainable development goals.

The Prime Minister, His Highness Sheikh Ahmad Al-Abdullah, discussed economic partnership and investment opportunities with the CEOs of BlackRock and KKR. The discussions covered prospects for joint cooperation between the two sides to enhance economic partnership, as well as exchanging views on ways to develop trade and investment relations and support initiatives that serve mutual interests. They also examined investment cooperation opportunities, highlighted promising prospects, and exchanged views on the global economic situation and issues of common interest.

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