INSEAD Day 4 - 728x90

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Leader of House of Commons urges Kuwaiti entrepreneurs to invest in UK

An aerial view of the landmark Kuwait Towers and the Ras al-Ard cape of Kuwait City overlooking the Gulf waters. (AFP)
  • She said that she discussed with the prime minister the partnership that has existed for long years at the defense and cyber security levels
  • Mordaunt added that her talks with the Kuwaiti officials during her visit addressed prospects of increasing cooperation in investments and the Kuwaiti businesses in her nation

Kuwait City, Kuwait— Encouraging Kuwaiti entrepreneurs to make investments in the UK, Penny Mordaunt, Leader of the House of Common, said businessmen could create a new income resource in the country.

Speaking to media in Kuwait, she said her discussions with the Prime Minister Sheikh Ahmad Nawaf Al-Ahmad Al-Sabah centered around the partnership between the two countries in diverse fields.

Lord Mordaunt said that she expressed gratitude to the prime minister for Kuwait’s solidarity with Britain when Queen Elizabeth II passed away, and the good wishes extended to the new King Charles III.

She said that she discussed with the prime minister the partnership that has existed for long years at the defense and cyber security levels, adding that their discussions also dealt with cooperation in education and higher education, boasting the airlines with London and Manchester.

Elaborating, she added that her talks with the Kuwaiti officials during her visit addressed prospects of increasing cooperation in investments and the Kuwaiti businesses in her nation.

She noted that next year would mark the 70s anniversary of the London Investment Office, also noting that one of the key goals of her visit is to increase the investments in green technology.