KDIPA Participated in the 1st Annual Meeting of Greece-Kuwait Business Council

Kuwait Direct Investment Promotion Authority (KDIPA) participated in the 1st Annual Meeting of Greece-Kuwait Business Council, held at Kuwait Petroleum Corporation (KPC) headquarters on April 3, 2016, hosted by H.E Mr. Nizar AlAdsani, CEO of KPC and Co-Vice President of the Council. Opening the session were the chairmen of the business council, Mr. Panagiotis Mihalos, founder and CEO of Orion Capital / Southeast Net S.A and Mr. Fouad AlGhanim, Chairman of Fouad Alghanim & Sons Group, followed by remarks by H.E Mr. Anas AlSaleh, Deputy Prime Minister, Minister of Finance and Acting Minister of Oil. Several presentations and discussions were held among the Kuwaiti and the Greek participants involving business opportunities in both countries. Among the discussions and presentations that took place between the Kuwaiti and the Greek participants, KDIPA representative Mr. Hamad AlSaad, One Stop Shop, presented about the Kuwaiti economy and investment climate, and explained Law No. 116 of 2013. In addition, Mr. Mohammad AlSabbagh, Head of Investor Services section at KDIPA, answered questions regarding licensing procedures and the application process.