Kuwait Fund And Huawei Sign Deal To Encourage Industry
Category: Business

Kuwait National Fund for Small and Medium Enterprise Development (SMEs) signed Wednesday a memorandum of understanding (MoU) with Huawei, which aims to encourage and develop small and medium enterprises. National SMEs fund said in a press release that the MoU is designed to boost development of small and medium establishments, their competitive capacities in Kuwait, in addition to enhancing companies’ advanced services in information technology and communications, as part of Kuwait 2035 vision.

It added that promoting partnerships with global companies contribute to transference of knowledge, experience, boosting training and consultation in the IT sector. General Director of the National SMEs Fund Abdullah Al-Jouan and Huawei’s executives were presented at the MoU signing ceremony. Also attending was Kuwait Minister of Commerce and Industry Khaled Al-Roudhan and China’s Ambassador to Kuwait Wang Di.

Meanwhile, the Minister of Information and Minister of State for Youth Affairs Mohammad Al-Jabri stressed on the need to protect the values of the Kuwaiti culture. Al-Jabri, who is also President of the National Council for Culture, Arts and Letters (NCCAL), made his remarks during a meeting with NCCAL members on Wednesday.



04 Oct, 2018 364
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