Ibn Holds Legal Seminar For Indian Businessmen

Indian Business Network (IBN), the Indian embassy’s newly launched business forum, last week hosted a legal seminar titled ‘Indian Business in Kuwait Growing Partnership’ at the embassy auditorium.

The seminar, organised in association with Al Yaqout & Al Fouzan, a leading corporate legal services firm in Kuwait, was an eye-opener for many Indian businessmen who learned several legal aspects of company formation and doing business in Kuwait.

The Managing Partner of Al Yaqout & Al Fouzan, Khalifa Al Yaqout, in his introductory speech acknowledged the strong presence of Indian businesses in the country and their good potential for further investments.

He praised relations between the two countries and pointed out that a good legal framework would help in further enhancing investments in Kuwait.

A brief presentation was made by Asma Shah, legal associate of the law firm, detailing types of partnerships and the procedures to set up businesses in Kuwait.

A question and answer session followed the presentation, with associates from the firm, Asma Shah, Anup Vasu and Nadeem Salah answering several questions brought up by the audience.

The seminar proved to be both informative and enlightening for Indian businessmen who attended the event. The initiative by the embassy of India was highly appreciated by the audience and the seminar could benefit hundreds if not more Indian businessmen in Kuwait.

The seminar was held under the umbrella of the newly formed Indian Business Network (IBN), a platform that seeks to connect Indian businessmen across all sectors. The legal seminar was the second in a series of events that the Indian embassy plans to organise, stated Fahd Suri, Second Secretary at the Embassy of India.

The event was conducted by adhering to all Covid-19 protocols and was also broadcasted live on Embassy social media channels.

 

SOURCE: TIMESKUWAIT

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