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

Portugal keen to become close trade partner of Kuwait  Join our daily free Newsletter

MENAFN - Arab Times - 15/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) A delegation from the Arab-Portuguese Chamber of Commerce and Industry held a meeting with peers from Kuwait Chamber of Commerce and Industry, Monday, and discussed cooperation between the two chambers as well as aspirations for stronger commercial interaction between Kuwait and Portugal.



The visiting delegation is chaired by Chamber President Angelo Correia, while the Kuw-aiti side was presided by Deputy Board Chairman of the Chamber of Commerce and Industry Khalid Abdullah Al-Saqer. Addressing the meeting, Correia said Portugal is keen to become a close trade partner of Kuwait, and said projects and initiatives in the areas of food products, clean energy, and construction material are of particular potential and interest. He further pointed out Kuwait has past experience in several successful enterprises and projects in Portugal, particularly in urban and touristic development



Delegation

Stressing the delegation seeks to build on this relationship, he said exchange of visits between Arab and Portuguese chambers of commerce is vital to bolster the exchange in both direction and for benefit of the two regions concerned. The official said his country overcame the economic crisis that hit the global markets six years ago, and said the government's initiatives included providing facilities to attract foreign investors and to facilitate ventures that would invest and utilize the country's natural resources. The time is even more opportune for Kuwaiti businessmen to seek partnerships at present as the Portuguese government is in the process of considerable privatization of state bodies and utilities, Correia said.



Meanwhile, Al-Saqer said the Kuwaiti side, too, is keen on stronger partnership and exchange with Portugal, fully recognizing the wealth of opportunities in the country and realizing it is feasible to build on previous experience with the Portuguese market. The Kuwaiti Chamber of Commerce and Industry is willing to organize economic events, host delegations, and arrange activities to better introduce Kuwaiti investors to the wealth of opportunities in the friendly country. The visiting delegation includes representatives and actors from the fields of food industries, construction material, timber products, and agriculture, all seeking Kuwaiti investment partners

 






  MENA News Headlines
 Jul 31 2014 - Air Algerie's plane crashesMENAFN
(MENAFN) A senior official said that the Air Algerie flight that crashed in Mali last week appears to have plummeted to the ground from an altitude of 10,000 meters in just a few minutes after flying ...

 Jul 31 2014 - Dubai's Damac eyes listing shares in Dubai bourseMENAFN
(MENAFN) Dubai luxury property developer Damac is trying to attract investors to invest in converting its Global Depositary Receipts (GDRs), listed on the London bourse, into ordinary shares that ...

 Jul 31 2014 - 'Nearly 100 casualties' in Xinjiang violenceArab News
(MENAFN - Arab News) IJING: A clash in Xinjiang home to China's mostly Muslim Uighur minority left nearly 100 people dead or wounded an exile group said Wednesday after what authorities called a ...

 Jul 31 2014 - Aquino seeks to quash rumors of military coupArab News
(MENAFN - Arab News) NILA: Philippine President Benigno Aquino sought Wednesday to quash rumors that a coup is being plotted against him with his spokesman insisting he had the military's full ...

 Jul 31 2014 - Kerry in New Delhi to reboot ties with ModiArab News
(MENAFN - Arab News) W DELHI: US Secretary of State John Kerry flew into India on Wednesday for ice-breaking talks with new Prime Minister Narendra Modi forecasting a transformation in Washington's ...

 Jul 31 2014 - UK bankers' bonus: Tough rules on wayArab News
(MENAFN - Arab News) NDON: British banks will be able to claw back employee bonuses up to seven years later if the recipient is found guilty of serious recklessness the Bank of England ...

 Jul 31 2014 - Amazon to invest 2bn to expand in IndiaArab News
(MENAFN - Arab News) MBAI: The world's largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees.Amazon.com Inc. said it will invest ...

 Jul 31 2014 - Mobily Wajid offers free lines to family membersArab News
(MENAFN - Arab News) Bily continues to provide its extraordinary offer to the new subscribers of Wajid that provides discounts and privileges to all family members.The new Wajid Extra and Plus ...

 Jul 31 2014 - Wife of BIS official dies in road crashArab News
(MENAFN - Arab News) E wife of a member of the governing board at the Bangladesh International School (BIS) in Jeddah was killed in a road accident on Tuesday the second day of Eid Al-Fitr.Nasima ...

 Jul 31 2014 - Indian Eid program toned down in solidarity with GazansArab News
(MENAFN - Arab News) Extensive yearly Indian community Eid program was reduced to a simple get-together ceremony on Monday night in solidarity with the victims of Gaza.Indian expatriates condemned ...

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

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