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[Diplomatic circuit] Kuwait Investment authority, Citibank host forum for Korean firms

By Kim Bo-gyung

Published : Dec. 9, 2019 - 12:57

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Kuwait’s state-run Kuwait Direct Investment Promotion Authority and Citibank Korea jointly held the Korea-Kuwait Investment Forum last week to offer information for companies seeking to foray into the Middle East country.

“Potential and current Korean companies there received critical information about the Kuwaiti market, regulations and laws, new business opportunities and successful case studies,” an official said.

From left to right: Kuwaiti Ambassador to South Korea Bader Mohammad AI-Awadi, Kuwait Direct Investment Promotion Authority Director General Meshaal Jaber Al-Ahmed Al-Sabah and Citibank Korea CEO Park Jin-Hei attend the Korea-Kuwait Investment Forum on Dec. 4 at Citibank Korea headquarters in central Seoul. (Citibank Korea) From left to right: Kuwaiti Ambassador to South Korea Bader Mohammad AI-Awadi, Kuwait Direct Investment Promotion Authority Director General Meshaal Jaber Al-Ahmed Al-Sabah and Citibank Korea CEO Park Jin-Hei attend the Korea-Kuwait Investment Forum on Dec. 4 at Citibank Korea headquarters in central Seoul. (Citibank Korea)

The forum was a part of KDIPA’s international roadshow and was attended by Kuwaiti Ambassador to Seoul Bader Mohammad Al-Awadi, Citibank Korea CEO Park Jin-Hei, Kuwait Direct Investment Promotion Authority Director General Meshaal Jaber Al-Ahmed Al-Sabah, Rep. Kim Jung-Hoon, who is the president of Korean and Kuwaiti Friendship Association and Deputy Director General of Public Authority for Housing Welfare Kuwait Hadeel Bin Naji, among others.

The forum took place on Dec. 4 at Citibank Korea headquarters in central Seoul and attended by roughly 70 officials involved in finance, strategy and business at multinational and financial companies. 

By Kim Bo-gyung (lisakim425@heraldcorp.com)

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