Kuwait City, Kuwait, June 27, 2016

Kuwait Direct Investment Promotion Authority (KDIPA) renewed its cooperation  with the Business Year (TBY), a leading research firm and publisher of annual economic resources on national economies,  to produce The Business Year: Kuwait 2017.

A Memorandum of Understanding between both parties (MoU) was signed by Sheikh Dr.  Meshaal Jaber Al-Ahmad Al-Sabah, KDIPA's Director General, and Betül Cakaloglu, TBY's Managing Director (Middle East), in Kuwait City.

The Business Year: Kuwait 2017 will include first-hand information from leading political and business figures to give qualitative insights, objective analysis, and strategic advice on the trends that shape the Kuwaiti economy in the upcoming year.  Consequently, this publication will feature special chapters on current large-scale infrastructural projects and Kuwait's burgeoning retail sector.

Commenting on the MoU signing, KDIPA's Director General, Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah, deems it fundamental to have key tools that highlights Kuwait's economy such as this publication to better inform the business community on Kuwait's unique attributes as a lucrative investment location, and to showcase potential investment opportunities that will encourage economic diversification efforts and support the leading role of the private sector.

Betül Cakaloglu said: "Kuwait has been witnessing over the past years serious efforts by the government in cooperation with the private sector to foster the path of diversification and perform profound achievements. This is why TBY is proud of having again partnered up with KDIPA to produce our upcoming edition."

TBY will conduct more than 150 face-to-face interviews during the production of The Business Year: Kuwait 2017. The edition will reach a targeted global audience through its print edition as well as its highly-circulated digital versions available via iPad, iPhone, and Android applications.

-Ends-

About The Business Year (TBY)
The Business Year (TBY) is a leading research firm and publisher of annual economic resources on national economies. Present in over 25 countries, TBY provides first-hand access to the people and ideas shaping business and policy throughout the world. Each country-specific edition contains a comprehensive range of interviews and analysis, offering an inside look at doing business in the world's most dynamic economies. TBY's interviewees, readers, and partners comprise an international network of thought-leaders who are helping to define the future of the global economy. www.thebusinessyear.com

About Kuwait Direct Investment Promotion Authority (KDIPA)
KDIPA is a newly established authority under new investment Law No. 116/ 2013 for promoting direct investment in the State of Kuwait issued on June 16, 2013.  KDIPA aims to attract both foreign and local direct investment into Kuwait, to encourage transfer and settlement of modern technology, the creation of employment opportunities for the national workforce, providing training opportunities, and support local content. KDIPA also works on promoting Kuwait as an investment location, handling licensing procedures, servicing investors, and performing advocacy role for streamlining business environment and enhancing competiveness. In doing so, KDIPA aims KDIPA offers a host of incentives and guarantees and runs a one stop shop to facilitate procedures. www.kdipa.gov.kw

© Press Release 2016