Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait- Market to open first Saturday of every month  Join our daily free Newsletter

MENAFN - Arab Times - 13/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) The "Open Market Project", an all-new and indigenously- owned Small and Medium Scale (SME) industry promotion initiative was launched Saturday at the Kuwait International Fair under the auspices of the Ministry of Commerce and Industry. The initiative, which aims to bring the best Kuwaiti- owned Small and Medium-sized enterprises (SMEs) together under the same roof, was inaugurated by the deputy Prime Minister and Minister for Commerce and Industries Abdulmohsen Al Modaij



The market will be open on the first Saturday of every month of the year (except in Ramadan) with the view to promoting various types of handicraft and food products. As at the time of the launch, items on exhibition at the seven one stalls of Hall 4A ranged from perfumes, jewellery, flowers, silverware to agricultural produce. The SMEs' young owners have to pay only a symbolic rent worth KD 25 each daily for a four-meter stall where they can display and market their products. The objective of the drastically reduced fees which normally costs the regular exhibitor over KD150 is to make the initiative attract a large number of young Kuwaiti people into private entrepreneurship to the extent where they can be supported materially to grow



Established since 1971 with a paid up capital of more than 10 million, the Kuwait International Fair (KIF) is Kuwait's first and largest exhibition center that has been organizing a vast assortment of trade shows and consumer events for almost 40 years on its fairgrounds in Mishref, Kuwait. A closed shareholding company whose principal shareholders include the Kuwait Investment Authority (KIA) and Kuwait Investment Company (KIC), the entity has always focused all its various strengths into successfully managing and holding local, regional as well as international promotional, trade and consumer events, product and service launches and seminars that all take place in one or more of its six halls that offer all the advantages every exhibitor seeks in trade fair organizers



As one of Kuwait's famous landmarks, KIF strives to generate business for all exhibitors as well as make each visitors' experience a genuinely memorable one. Ever since its establishment, the Kuwait International Fair has organized a variety of exhibitions, from local ones that provide the ease of convenience for many companies in Kuwait to international exhibitions that unite individuals from different backgrounds under one roof where ideas are exchanged and similar products and services are successfully promoted and marketed. Regardless of where the exhibitors originate from, the staff always do their very best to accommodate all participants as well as the many loyal visitors who enter the Kuwait International Fair



From supervising exhibitions' advertisements and press conferences to grandiose undertakings that establish solid, lifelong relationships with internationally renowned commercial authorities, KIF is proud of its abilities and skills that make the not so possible guaranteed for all

 






  MENA News Headlines
 Aug 28 2014 - HE Deputy Prime Minister to Participate in Alliance of Civilization ForumQatar News Agency
HE Deputy Prime Minister Ahmed bin Abdullah Al Mahmoud left Doha on Thursday to go to Indonesia, in order to participate in the Sixth Global Forum of the United Nations Alliance of Civilizations ...

 Aug 28 2014 - KPC signs 2bn worth oil supply deal with PetronArab Times
(MENAFN - Arab Times)  MANILA Aug 27 (KUNA): The state-owned Kuwait Petroleum Corporation (KPC) signed Wednesday a USD 2 billion-worth crude oil supply contract with Petron Singapore Trading ...

 Aug 28 2014 - Kuwait- KPC signs 2bn worth oil supply deal with PetronArab Times
(MENAFN - Arab Times)  MANILA Aug 27 (KUNA): The state-owned Kuwait Petroleum Corporation (KPC) signed Wednesday a USD 2 billion-worth crude oil supply contract with Petron Singapore Trading ...

 Aug 28 2014 - Saudi- Prince Alwaleed gives cash incentive for Hilal playersArab News
(MENAFN - Arab News) Prince Alwaleed bin Talal chairman of Kingdom Holding Company (KHC) awarded each player of Al Hilal SR20000 after the Riyadh-based football club qualified for the semifinals of ...

 Aug 28 2014 - Aid convoys trundle into Gaza as cease-fire holdsArab News
(MENAFN - Arab News) GAZA CITY Palestinian Territories: Life in Gaza resumed some semblance of normality Wednesday as a long-term truce took hold following a deal hailed by Israel and Hamas as ...

 Aug 28 2014 - Israel Hamas declare victory in Gaza warArab News
(MENAFN - Arab News) JERUSALEM: Both Israel's prime minister and Hamas declared victory Wednesday in the Gaza war though their competing claims left questions over future terms of their uneasy peace ...

 Aug 28 2014 - Saudi- SAMA net foreign assets rise to SR2.747 trillionArab News
(MENAFN - Arab News) JEDDAH: Saudi Arabia's M3 money supply growth accelerated to a three-month high of 13.2 percent year-on-year in July from 12.3 percent in the previous month central bank data ...

 Aug 28 2014 - Riyadh industrial sector records bullish growthArab News
(MENAFN - Arab News) Riyadh's industrial manufacturing sector showed solid performance over the last year up to the second quarter of 2014 as strong demand fundamentals combined with increased public ...

 Aug 28 2014 - Saudi- Energy waste costs local economy SR135bn annuallyArab News
(MENAFN - Arab News) Although the Kingdom has the largest oil reserves in the world and occupies the fifth place in terms of natural gas reserves yet according to a report by oil specialist the ...

 Aug 28 2014 - Saudi Kingdom's SMEs hold stronger outlook for Q3Arab News
(MENAFN - Arab News) Dun & Bradstreet South Asia Middle East Ltd (D&B) in association with the National Commercial Bank released the D&B Business Optimism Index (BOI) survey for Saudi ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help