British companies eager, ready to contribute to Kuwait vital projects – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

British companies eager, ready to contribute to Kuwait vital projects – ARAB TIMES – KUWAIT NEWS – Arab Times Kuwait English Daily

Lord Mayor of London to visit Kuwait

LONDON, Oct 5, (KUNA): British companies are eager and ready to contribute to implement vital projects in the State of Kuwait, William Russell, Lord Mayor of the City of London, said Tuesday. Speaking to KUNA ahead of his visit to Kuwait, due Wednesday, Lord Russell said he would be meeting with officials to explore investment opportunities and how they could help Kuwaiti companies in the finance technology (Fin Tech) sector including cryptocurrency management, under sponsorship of Bank of England.

He said he was scheduled to meet senior officials including Minister of Finance, Central Bank of Kuwait’s Governor, Managing Director of Kuwait Investment Authority, businessmen and economists. The visit “is an important opportunity” to further cement economic relations and execute future projects, said Lord Russell who hoped to meet His Highness the Prime Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah. Lord Russell, making his first visit to Kuwait since outbreak of the coronavirus pandemic, said the State of Kuwait was among the first investors in Britain.