5 THE STATE OF KUWAIT: A HUB FOR BUSINESS AND OPPORTUNITIES IN THE GULF Kuwait, strategically located at the northern edge of the Arabian Gulf and bordering Iraq and Saudi Arabia, is a country full of economic potential and cultural richness. Known for its substantial oil reserves, Kuwait has long been a key player in the regional and global economy. However, the country is also actively diversifying its economy, with initiatives in finance, logistics, infrastructure, renewable energy, and innovation, making it an attractive destination for international businesses. The Arab-Belgian-Luxembourg Chamber of Commerce (ABLCC) recognizes Kuwait as a promising partner for Belgian and Luxembourg companies. With its business-friendly environment, modern infrastructure, and strategic location, Kuwait provides opportunities for companies of all sizes to engage in trade, investment, and partnerships across multiple sectors. To provide our members and friends with a deeper understanding of Kuwait’s evolving business landscape, we have prepared comprehensive material, starting with an exclusive interview with His Excellency Mr. Nawaf Alenezi, Ambassador of the State of Kuwait to the Kingdom of Belgium and the Grand Duchy of Luxembourg. This is complemented by a detailed economic and commercial guide highlighting key sectors, investment opportunities, and practical insights for businesses looking to expand in Kuwait. By shedding light on Kuwait’s economic transformation, investment initiatives, and strategic importance in the Gulf, the ABLCC aims to support its members in exploring new opportunities and building lasting partnerships in this dynamic market.
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