Monday 1, August 2016

Kuwait -MENA Herald: Euromoney Conferences has announced the return of the Euromoney Kuwait Conference 2016. The conference will take place on Tuesday, 27th September and 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 most important banks, financial institutions and law firms to put together an engaging and compelling day 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 & 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.

To discuss these key steps, the conference will begin with an outstanding 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).

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.

Euromoney Conferences excel in creating a unique environment to meet and engage with Kuwait’s senior government officials and private-sector industry leaders, and this year’s Kuwait Conference is eagerly anticipated by finance leaders within the country and internationally.