KUWAIT: Zain announced its sponsorship of the annual launch event organized by global media group The Business Year, in collaboration with the Kuwait Direct Investment Promotion Authority (KDIPA). The event, titled Kuwait’s New Era, featured a series of insightful panel discussions on strategic investment efforts and the latest policies and regulations enhancing Kuwait’s appeal as a regional investment hub.
Zain took part in the opening ceremony, attended by Minister of Commerce and Industry Khalifa Al-Ajeel, KDIPA Director General Sheikh Dr Meshaal Jaber Al-Ahmad Al-Sabah, Zain Kuwait CEO Nawaf Al-Gharabally, Chairman of the Kuwait Banking Association Hamad Al-Marzouq, and a prominent lineup of public and private sector leaders, experts and entrepreneurs. Zain’s support of the event reaffirmed its strategic partnership with The Business Year and ongoing collaboration with KDIPA, both aimed at empowering the local business environment and positioning Kuwait as a regional economic center driven by innovation and technology.
During the event, Zain emphasized that its support for this distinguished gathering is renewed annually as part of its contribution to shaping the future of Kuwait’s economy. Events like these bring together innovation and decision-making to transform ambition into action, aligning perfectly with Zain’s strategic vision for the digital future. The company noted that Kuwait has taken bold steps in recent years to strengthen its digital economy, and Zain is proud to be a key partner in this journey. Looking ahead, the company believes that economic transformation is not solely based on infrastructure and investment, but on people, partnerships, and purposeful technology.
Waleed Al-Khashti delivers Zain’s keynote speech during the opening ceremony.
Zain explained that it has moved beyond the traditional role of a telecom operator to become a driver of innovation and digital transformation, serving as a strategic partner to the government, private sector, and startups. The company’s purpose is clear: to deliver technologies and innovations that enable Lasting Connections and Better Lives for the communities it serves. Zain is also accelerating the adoption of artificial intelligence, not just as a trend but as a national imperative. Through smart platforms, data analytics, and advanced telecom solutions, the company is unlocking potential across vital sectors, from healthcare and education to finance and logistics.
The company is making major investments in nurturing national talent, grounded in its belief that Kuwait’s future will be built by its people. Whether in AI, cybersecurity, or cloud computing, Zain is preparing its workforce to lead tomorrow’s economy. Recognizing that this new era requires collective effort, Zain believes true innovation lies not only in what is built, but in how it is built. Through strong partnerships with the public sector and global technology leaders, the company strives to shape a strong, inclusive, and sustainable digital future for Kuwait.
Zain also expressed its pleasure in continuing its long-standing partnership with The Business Year, based in London, to help host such impactful forums. The company values the critical role these platforms play in fostering dialogue, exchanging ideas and enabling innovation across Kuwait’s market sectors. The company praised the pivotal role and significant efforts of KDIPA in improving Kuwait’s business environment, diversifying the economy, boosting competitiveness and positioning the country on the global investment map. Zain reaffirmed its commitment to supporting these national goals as a leading private sector organization.
The event featured two insightful panel discussions that highlighted Kuwait’s most strategic investment sectors. The first panel explored the importance of family business transitions to public listings and the evolving role of foreign direct investment (FDI) in driving economic growth in a stable political environment with a robust development agenda. It also examined the latest policies and legislation bolstering Kuwait’s regional investment appeal.
The second panel focused on Kuwait’s industrial evolution, the need to diversify income sources, and integrating sustainability into growth strategies. Panelists discussed mechanisms for reducing oil dependency, the role of public-private collaboration in expanding industrial sectors, and emerging opportunities in renewable energy and advanced technologies to build a competitive and sustainable economy.