Euromoney to focus on challenges facing the Kuwaiti economy

Euromoney Conferences will hold their annual Kuwait event on 27 September in Kuwait City

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Euromoney to focus on challenges facing the Kuwaiti economy There is a strong underlying theme in the programme to also explore the role of Kuwait in the international financial system.
By  Aasha Bodhani Published  August 1, 2016

Euromoney Conferences has announced the return of the Euromoney Kuwait Conference 2016, which will be co-hosted by the Ministry of Finance, and will focus on the challenges and opportunities facing the Kuwaiti economy in an era of global uncertainty.

The organiser is working with some of Kuwait's banks, financial institutions and law firms to put together an array of discussions. Gulf Bank, Alghanim Industries and the Kuwait Banking Association will participate as lead sponsors, while co-sponsors include Al Ahli Bank of Kuwait, ASAR - Al Ruwayeh and Partners and Boubyan Bank.

In 2016, Kuwait has announced significant reforms designed to balance the national economy and diversify the nation's sources of income. These reforms include plans to boost non-oil revenues and reduce public spending, as well as financial sector reforms, changes to the public sector's role in the economy, and incentives to empower citizens to launch their own businesses.

New and familiar speakers will address the main theme of "Meeting the Challenge of Financial Innovation and Reform," discussing Kuwait's fiscal, monetary and economic diversification strategy. Topics include digitisation, innovation and the future of Kuwaiti business, finance and governance.

There is a strong underlying theme in the programme to also explore the role of Kuwait in the international financial system. To review these issues, the Kuwait Conference will include a new session on harnessing the power of private capital.

To discuss these key steps, the conference will begin with a line-up of government keynote speakers, including H.E. Mr Anas Al-Saleh, Deputy Prime Minister, Minister of Finance, State of Kuwait; H.E. Dr Mohammad Yousef Al-Hashel, Governor, Central Bank of Kuwait; H.E. Dr Nayef Al-Hajraf, Chairman, Capital Markets Authority; and H.E. Sheikh Dr Meshaal Jaber Al-Sabah, Director General, Kuwait Direct Investment Promotion Authority (KDIPA).

 

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