Kuwait Direct Investment Promotion Authority (KDIPA) received at its premises on September 30, 2015 a Mexican delegation composed of Deputy Head of Mission at the Mexican Embassy in Kuwait H.E. Eduardo Nino, accompanied by Mr. Juan Cepeda, from Pro-Mexico. The delegation was welcomed by Mr. Mohamed Yousef Yaqoub, Assistant Director General for Business Development, accompanied by Sheikh Abdullah Al Sabah, Head of Licensing & Investment Registry Section, and Mr. Bader Al Gadi, Head of Investment Promotion Section. Mr. Mohamed Yousef Yaqoub acknowledged the strength of Kuwaiti-Mexican relations, and briefed the delegation on Law No. 116 of 2013 regarding the Promotion of Direct Investment in the State of Kuwait as well as the incentives and exemptions granted under it especially allowing foreign ownership up to 100% equity share. The meeting was concluded by a request from the Mexican delegation to seek coordination with KDIPA to organize for the planned visit to Kuwait by Mexico’s President and the Minister of Economy accompanied by a group of Mexican businessmen and investors to enhance bilateral economic, commercial and investment relations.