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Austrian trade delegation in Kuwait to explore new investment opportunities

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Delegation chief seeks strategic partnerships aligned with ‘Kuwait Vision 2035’

KUWAIT: A high-level Austrian trade and business delegation arrived in Kuwait on Monday with the aim of revitalizing longstanding bilateral cooperation and fostering new investment opportunities in alignment with Kuwait’s Vision 2035. Led by Dr Werner Fasslabend, President of the Austro-Arab Chamber of Commerce, the delegation highlighted a range of potential investment avenues in Austria – particularly in renewables, healthcare, tourism, and technology – during a reception hosted by Austrian Ambassador to Kuwait Ulrich Frank at his residence.

Dr Fasslabend noted that Kuwait’s Vision 2035 offers unique prospects for businesses in both nations to grow and realize shared objectives. The delegation includes representatives from 22 Austrian companies active in strategic sectors such as healthcare, investment, renewable energy, firefighting technologies, construction, oil and gas, and tourism. Ambassador Frank, praising the robust Austria-Kuwait relationship, expressed confidence that the visit would strengthen the already solid foundation of economic collaboration.

Sheikh Mubarak Abdulla Al-Mubarak Al-Sabah, Chairman of the Kuwait-Austria Business and Friendship Association (KABFA), attended the reception as the guest of honor. He emphasized Austria’s advancements in infrastructure and technology and stressed the importance of building trust in business relations. “Business is a product of human relationships, and human relationships are built not only on familiarity but also on trust,” Sheikh Mubarak Al-Sabah said.

Speaking to Kuwait Times on the sidelines of the event, Dr Fasslabend underscored the significance of the visit, stating that the Austro-Arab Chamber of Commerce is keen on identifying specific opportunities in Kuwait, particularly for small and medium-sized enterprises. “There are many similarities between Kuwait and Austria – both in size and strategic positioning, as well as in the structure of their business sectors,” he said. “Austria brings added value, especially with its high standards in technology.”

He also lauded Kuwait’s recent strides in technological advancement. “Thirty years ago, few would have predicted the level of progress Kuwait has achieved,” Dr Fasslabend remarked, highlighting the countries’ shared development trajectories. In response to a specific question, he said: “Kuwait’s Vision 2035 is a comprehensive blueprint for national development and presents an excellent opportunity for collaboration. Austria, with its strengths in renewable energy, healthcare, tourism, and infrastructure, is well-positioned to partner with Kuwait in realizing this vision.”

Tourism potential

Dr Fasslabend described Austria as one of the world’s leading tourist destinations, renowned for its hospitality industry and high-end hotels. “Tourism is a sector where we see great potential for partnership with Kuwait,” he said, noting that over 10,000 Kuwaitis visited Austria in 2024. “The bilateral trade and investment volume between the two countries reached approximately €150 million last year,” he added. “This reflects positive growth in trade relations, and there is ample room to expand our collaboration further. It’s a mutual goal that Kuwait and Austria can strive toward together.”

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Kuwait students take part in International Chemistry Olympiad

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KUWAIT: A delegation of Kuwaiti students, supported by the Sabah Al-Ahmad Center for Giftedness and Creativity (SAGC), is participating in the 2025 International Chemistry Olympiad, which began Saturday in Dubai and will run through July 14. In a statement to KUNA, the center said the participation reflects its ongoing efforts to support talented students and enhance their scientific capabilities. The initiative is the result of close cooperation between SAGC, the Ministry of Education and Kuwait University.

SAGC, which operates under the umbrella of the Kuwait Foundation for the Advancement of Sciences (KFAS), stated that the delegation’s involvement is part of a broader plan to prepare students through a year-long intensive training program. The program includes both theoretical and practical components under the guidance of a distinguished team of international experts and trainers in the field of chemistry. The center noted that the goal of Kuwait’s participation is to showcase the capabilities of national talents and elevate the country’s presence in international scientific arenas. This initiative aligns with KFAS’ vision to promote scientific research, innovation and youth empowerment.

The center extended its best wishes for success to the participating students — Ali Behbehani, Ali Yousef, Manal Al-Kandari and Ghazal Al-Mutairi — expressing hope that they will achieve distinguished results and raise Kuwait’s flag proudly at global scientific forums. SAGC reaffirmed its commitment to investing in promising national minds, nurturing their skills, and fostering an environment that encourages excellence and scientific creativity. The center underscored its leading role in empowering national competencies and preparing future generations to represent Kuwait with distinction in international scientific competitions. — KUNA

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Kuwait-Egypt ties hailed as model of Arab cooperation

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KUWAIT: Egyptian Ambassador to Kuwait Osama Shaltout on Thursday described Egyptian-Kuwaiti relations as a model of Arab cooperation rooted in mutual respect and shared interests. Speaking during a reception hosted by the Egyptian Embassy to mark the 73rd anniversary of the July 23, 1952 Revolution, Shaltout highlighted the depth of bilateral ties and ongoing efforts to strengthen cooperation across various sectors. The event was attended by Kuwait’s Minister of Municipality and Minister of State for Housing Affairs Abdullatif Al-Meshari, along with senior officials and members of the diplomatic corps in Kuwait.

Shaltout pointed to the significant development witnessed in multiple areas of cooperation between the two countries, crowned by the historic state visit of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah to Egypt in April 2024. He described the visit as a pivotal moment in reinforcing the strong and strategic partnership between Kuwait and Egypt.

Reflecting on the significance of the July 23 Revolution, Shaltout said the movement marked a turning point in Egypt’s modern history, laying the foundations for national independence, sovereignty, and comprehensive development. He added that the revolution also inspired liberation movements throughout the Arab world and Africa.

The ambassador expressed his appreciation to the government and people of Kuwait for their warm hospitality and support during his tenure, reaffirming Egypt’s commitment to advancing bilateral collaboration in ways that benefit both nations and further strengthen the bonds between the Egyptian and Kuwaiti peoples. — KUNA

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KEPS launches region’s first women-focused climate action guide

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KUWAIT: The Kuwait Environment Protection Society (KEPS) on Saturday launched a groundbreaking publication titled “Women’s Guide to Climate Action and Shared Responsibility,” marking a significant step by civil society to empower women and strengthen their role in addressing the climate crisis. KEPS Secretary General and book supervisor Jenan Behzad said in a press statement that the guide is the first of its kind in the region. It offers a comprehensive look into women’s contributions to environmental efforts, combining scientific insight, social analysis, and real-life experiences of pioneering Arab women in the fields of climate action and sustainable development.

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Behzad noted that the guide was prepared with contributions from 11 Arab female writers representing Kuwait, Egypt, Bahrain, the UAE, Tunisia, Lebanon and Iraq. The book is divided into five chapters, tackling key themes such as the impact of climate change on women, environmental and social responsibility, Arab women’s leadership in climate initiatives, and a practical guide for applying sustainability principles at home. She emphasized that KEPS aims, through this publication, to enrich the Kuwaiti and Arab environmental library with knowledge resources that reflect climate challenges from a gender-based perspective.

The guide also seeks to encourage women to take on active roles as essential partners in environmental protection. “Women are vital actors in crafting solutions and driving transformations toward a sustainable future, drawing on their leading roles within families and across social and political spheres,” Behzad said. She added that the book was produced in response to the recommendations of a workshop titled “Women between Climate Change and Sustainable Development,” held in cooperation with the National Association for Family Security. — KUNA

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