Small, medium enterprises crucial for Kuwait economySource: www.export-egypt.com 8/2/2016, Location: Middle East |
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 Small and medium enterprises constitute some of the main pillars for economies -- namely that of the State Kuwait -- at the global level, said the Minister of Information.
The Ministry of Information said in a statement, released on Tuesday, that Sheikh Salman Sabah Al-Salem Al-Humoud Al-Sabah, also the Minister of State for Youth Affairs, underlined the key role for such projects during a meeting with the Board Chairman of the National Fund for Small and Medium Enterprise (SME) Development, Dr. Mohammad Al-Zuhair, the Acting General Director of the Kuwait Central Statistics Bureau Mona Al-Daas and the executive manager in the executive sector, Meshari Al-Mahmoud. Minister Sheikh Salman, during the meeting, examined tasks that have been accomplished by a joint committee tasked with scanning all economic installations in the country as a prelude to devising plans for shoring up the national economy. The State of Kuwait devotes special attention to SMEs, and His Highness the Amir Sheikh Sabah Al-Ahmad Al-Sabah has launched a special fund to finance such projects, with aim of encouraging the youth launch private businesses. |
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