Quotes: 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

 


Arab Times




  MENA News Headlines
 Jul 2 2015 - Saudi retail industry records USD98b salesMENAFN
(MENAFN) Saudi Arabia retail industry recorded USD98 billion in sales for 2011, ranking the country as the second-best retail marketplace in the Gulf Cooperation Council (GCC) after the UAE, The ...

 Jul 2 2015 - Custodian of the Two Holy Mosques visits Quba Mosque in MadinahSaudi Press Agency
(MENAFN - Saudi Press Agency) The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud visited Quba Mosque in Madinah on Wednesday evening.The King was accompanied by Prince Khalid bin ...

 Jul 2 2015 - Crown Prince arrives in JeddahSaudi Press Agency
(MENAFN - Saudi Press Agency) Crown Prince Mohammed bin Naif bin Abdulaziz, Deputy Premier and Minister of Interior arrived in Jeddah from Madinah on Wednesday evening.He was received at King ...

 Jul 2 2015 - Vodafone Qatar records USD633.56m revenue for 2014-15MENAFN
(MENAFN) Qatar's Vodafone posted USD633.56 million revenues for the fiscal year 2014-15, marking a 9 percent growth in customer subscriptions, according to the company's vice chairman, Gulf Times ...

 Jul 2 2015 - Jordan's Zarqa exports hit USD42.17m in MayMENAFN
(MENAFN) Jordan' exports, certified from the Zarqa Chamber of Commerce at the Free Zone in Zarqa, reached an overall value of about USD42.17 million in May, Jordan News Agency reported.Vehicles and ...

 Jul 2 2015 - Saudi Al-Haramain Train project worth USD2.502b, largest in MideastMENAFN
(MENAFN) Saudi Arabia's Al-Haramain Train project, considered as the largest transportation scheme to ever be developed in the Middle East, surpassed a total value of USD2.502 billion for its four ...

 Jul 2 2015 - UAE condemns terrorist attacks in North SinaiThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) The Ministry of Foreign Affairs has condemned the terrorist attacks which took place in North Sinai today and resulted in martyrdom of several Egyptian army ...

 Jul 2 2015 - UAE grants USD9.79b for infrastructure in developing countriesMENAFN
(MENAFN) The United Arab Emirates is set to offer a total of USD9.79 billion for infrastructure in certain developing countries, according to the Minister of International Cooperation and Development ...

 Jul 2 2015 - Abdullah bin Zayed meets with Scotland's former First MinisterThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) H.H. Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister, today met with Scotland's former First Minister, Alex Salmond. During the meeting, they reviewed ...

 Jul 2 2015 - Human Appeal International prepares thousands of food parcels in PalestineThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Human Appeal International (HAI) has begun the implementation of food parcels project for the underprivileged families in the Palestinian Governorates, as ...

more...


 






Google

Click to Apply

 
 

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help