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 shref, 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
 May 5 2016 - 'New power tariffs to hit food prices in co-ops'Arab Times
(MENAFN - Arab Times) An expert in the cooperative society sector warned about a possible dramatic change in the prices of food items in case the cooperative society sector is transformed into an ...

 May 5 2016 - 'Build overhead bridges on busy streets, avert accidents' †'Adopt road safety measures'Arab Times
(MENAFN - Arab Times) In this week's Arab Times online poll, readers weighed in on what is needed to better pedestrian crossings and improve safety. The majority of respondents felt that overhead ...

 May 5 2016 - Leave laggards risk 'residency'Arab Times
(MENAFN - Arab Times) The Public Authority for Manpower (PAM) is looking into the possibility of allowing employers to file a complaint against an expatriate worker if he extends his annual leave ...

 May 5 2016 - Yemenis resume face-to-face talksArab Times
(MENAFN - Arab Times) Yemen's warring parties resumed face-to-face peace talks on Wednesday after a three-day break triggered by a walkout by the government delegation, the United Nations said. It is ...

 May 5 2016 - MPs query Interior on sex trade †Push on recruitment firm for domesticsArab Times
(MENAFN - Arab Times) MP Saud Aharija has forwarded questions to Interior Minister Sheikh Mohammad Al-Khalid on the alleged network that 'sells' Malawian women in Kuwait for sex activities. He cited ...

 May 5 2016 - Riyadh plans new labor scheme †Saudi women to see marriage contractsArab Times
(MENAFN - Arab Times) Saudi Arabia's government plans a new set of labor quotas and incentives to reduce unemployment as it tries to wean its economy off oil exports, Labor Minister Mufrej al-Haqbani ...

 May 5 2016 - Pilgrims brave threats to flock to Iraq shrine †Political limbo after Green Zone stormingArab Times
(MENAFN - Arab Times) A sea of pilgrims converged on a Baghdad shrine on Tuesday for an annual Shiite religious commemoration, defying fears of further bomb attacks by the Islamic State group.The ...

 May 5 2016 - Saudi Arabia carries out 90th execution of '16Arab Times
(MENAFN - Arab Times) Saudi Arabia executed a citizen convicted of murder on Wednesday taking to 90 the number of people the ultra-conservative Muslim kingdom has put to death this year.Mufreh ...

 May 5 2016 - Kuwait bourse little changed volume up †Zain slips 5 fils KIPCO unchangedArab Times
(MENAFN - Arab Times) Kuwait stock was little changed on Tuesday after see sawing earlier in the week. The price index edged 2.87 points higher in a lackluster trade to 5,375.36 pts with a mixed ...

 May 5 2016 - FSI organizes discussion session on liquidity & risk †Event hosted by CBKArab Times
(MENAFN - Arab Times) The Financial Stability Institute (FSI), which is affiliated to the Bank for International Settlements in Basel, Switzerland, organized an open discussion session; in ...

 May 5 2016 - Malabar Gold & Diamonds opens 150th outlet †Kareena Kapoor Khan inaugurates showroom in Belagavi, IndiaArab Times
(MENAFN - Arab Times) Bollywood Actress Kareena Kapoor Khan launched 150th outlet of Malabar Gold & Diamonds on April 30th in the presence of M.P. Ahammed, Chairman -Malabar Group; Asher. O, ...

 May 5 2016 - ABK awarded 'Bank of the Year' by Arabian Business †Bank recognized for successful 'Simpler Banking' strategyArab Times
(MENAFN - Arab Times) Al Ahli Bank of Kuwait (ABK) won the 'Bank of the Year' award from Arabian Business, one of the foremost business magazines in the region. This prestigious award was received by ...

 May 5 2016 - AUB first qtr net profit rises 5% to $154.6mn †Total operating income grows by 6.3% to $280.5 mnArab Times
(MENAFN - Arab Times) Ahli United Bank B.S.C. (AUB) reported a net profit attributable to its equity shareholders of US$ 154.6 million for the quarter ended March 31, 2016. The net profit reflected ...

 May 5 2016 - Saudi firms faring better in era of austerity †More pain lies aheadArab Times
(MENAFN - Arab Times) Saudi Arabian companies are faring better in an era of austerity than many investors feared, but they face more pain in the coming months as gains from cost-cutting and efforts ...

 May 5 2016 - KSE continues to tread water volume recedes †Americana dips 40 fils KIPCO flatArab Times
(MENAFN - Arab Times) Kuwait stocks continued to tread water for the second straight session on Wednesday. The bourse eased 2.19 points to 5,373.17 points even as investors kept a wary eye on the ...

 May 5 2016 - Qatar visitors to Dubai grow by 26 percentMENAFN
(MENAFN) Dubai hosted 4.1mn visitors in the first quarter of this year, a 5.1 percent increase over last year, due to strong double digit growth from the GCC and India.Furthermore, the GCC continued ...

 May 5 2016 - Abu Dhabi's Dana Gas net profit falls by 50 percentMENAFN
(MENAFN) Abu Dhabi-listed energy Co. 'Dana Gas' posted a 50 percent fall in Q1 this year, which is blamed on lower hydrocarbon prices and reduced output in Egypt and Kurdistan.Moreover, the firm made ...

 May 5 2016 - Jordan to receive investments from Gulf countriesMENAFN
(MENAFN) Investors from Gulf nations offered to inject "unprecedented" investments in Jordan, particularly from Saudi Arabia.Moreover, Gulf States will bring in interesting and unprecedented ...

 May 5 2016 - Egypt- Misr Italia signs construction deals of USD 28mnMENAFN
(MENAFN) Egypt-bases Misr Italia Holding has signed construction deals of USD 28mn in order to complete projects this year.Additionally, the company plans to carry out 1500 units in its different ...

 May 5 2016 - Kuwait signs USD 51mn Loan Agreement with BangladeshMENAFN
(MENAFN) The Kuwait Fund for Arab Economic Development (KFAED) signed a loan deal value USD 51mn with the government of Bangladesh.Furthermore, the deal was signed as part of financing a major ...

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

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