Commerce Min: unified Gulf agency instrumental to scientific research

KUWAIT, May 9 (KUNA) — It is imperative to have a unified Gulf agency to support scientific and technological research, Assistant Undersecretary for Foreign Trade and International Organizations’ Affairs Sheikh Nimr Al-Sabah said on Monday.
Speaking at a real estate exhibition put together by Eskan Global Group, which runs until May 14, with participation of around 75 local and international companies, Sheikh Nimr said that the finishing touches are being put on this planned agency, pending an imminent announcement.
Calling this initiative a monumental one, Sheikh Nimr said that it is in line with Gulf Cooperation Council (GCC) countries’ aspirations, noting that it would be instrumental to increased development and growth.
Moreover, Sheikh Nimr said that he has noticed a boost in investment in the country, adding that the ministry of trade and commerce will work to eliminate any obstacles facing investors.
Sheikh Nimr also noted that the ministry supports local investment, underscoring its significance in ushering in economic growth.
Moreover, Chairperson of Eskan Global Sheikha Fatma Al-Sabah said that the agency strives to contribute to economic growth in Kuwait, through organizing such exhibitions and events which lure numerous companies and investors.
General Manager of Eskan Global Bader Al-Dabbous said that the forum would provide companies with the opportunity to interact with their clientele.
More than 75 real estate companies are participating in the exhibition, where more than 200 real estate projects will be displayed, in a bid to bring diversity to the country’s investment scene. (end) tb.nam

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