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Technology | Global Arab Network
Transfer of technology holds key to Kuwait Vision
Global Arab Network - - Reda Darwish
The transfer of technology plays a crucial role in achieving Kuwait’s ambitious ‘Vision 2035′, by contributing to a steady growth, adding value to the economy and local job creation, Global Arab Network reports according to local media.

Talking to Kuwait Times in an interview prior to the 17th German Equity Forum, that will take place from November 12 to the 14 at the Frankfurt Congress Centre, Yusef Ahmed, founding partner and Managing Director of F I C Frankfurt International Consulting GmbH, said, “German companies are among the top three worldwide in the field of technology. Investing in these companies and partnering with them will add tremendous value to Kuwaiti businesses,” he said.

“On behalf of the Deutsche Borse Group, we are very pleased to invite investors from Kuwait and the GCC to this yearly event,” Ahmed said. Ahmed arrived in Kuwait as part of a tour to the Gulf region ahead of the yearly event that offers talks, workshops and panel discussion on current market developments in corporate financing.

Kuwait’s ‘Vision 2035′ envisages several five-year plans aiming at transferring Kuwait into a financial and commercial hub. As envisioned by HH the Amir, the plan will attract massive investments where the private sector is expected to lead the economic activity.

Giving an overview of the German Equity Forum hosted by the Deutsche Borse Group in conjunction with the KfW Banking Group, Ahmed said the forum will provide investors from around the globe with direct access to the decision makers and top management of over 300 German listed and privately held companies.

“The Forum is Europe’s largest and most prominent event of its kind. It will help investors identify the right target companies in a very cost-effective and time-efficient manner,” he said.

Regarding the investment opportunities, he said the forum will provide plenty of excellent opportunities with regards to strategic investments and partnering, specifically with German small and medium sized enterprises (SMEs). “Entrepreneurs Meet Investors’ is the motto of this Europe’s largest and significant capital market event for corporate financing via the equity markets, he informed.

“This platform for information and networking will act as a meeting point for the entire community comprising more than 5,000 participants such as entrepreneurs, investors and analysts along with delegates from the financial services sector,” Ahmed added.

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