The Euromoney Kuwait Conference is set to take place this Tuesday, bringing the highest number of delegates in the event’s history to Kuwait to discuss a full range of economic opportunities and challenges.

This year’s event will also be the most international held to date, with the highest overall number of delegates and the highest proportion of overseas attendees. Leading bankers and finance professionals from the UK, USA, Denmark, Bahrain, Saudi Arabia, Qatar and the UAE are set to take part, reflecting the rising global profile of Kuwait’s financial sector.

Opening the event will be a keynote address by H.E. Minister Anas Al-Saleh, the Deputy Prime Minister and Minister of Finance, followed by a second keynote address on recent innovations in finance by H.E. Dr Mohammad Yousef Al-Hashel, Governor of the Central Bank of Kuwait.

Global interest in Kuwait continues to rise, driven by the strong performance of Kuwait’s banks in recent years, significant government investment in infrastructure and energy projects, and generally high asset quality.

Kuwait’s ongoing diversification strategies, supported by the banking sector’s enhanced focus on SMEs and retail lending, have also generated strong interest from international financial groups.

Richard Banks, Consulting Editor of Euromoney Conferences and Managing Director of RMBanks & Co. Ltd. “The fact that this year’s Euromoney Kuwait conference will be the best-attended so far demonstrates the rising global interest in Kuwait’s economic story. Kuwait faces many challenges but it also has many tools to address those challenges, given that there is room for fiscal stimulus, monetary adjustment and raising debt. The opportunity to hear about the government’s long-term for diversification and development is an important one, which is why we have seen such a strong response.”

The Euromoney Kuwait Conference will bring together key stakeholders to review the theme of this year’s event, “Innovation in Uncertain Times”. The focus will be on Kuwait’s challenges and opportunities at this crucial juncture in the country’s development.

This year’s event will feature live interviews and panel discussions with a range of senior policy-makers, bank chairman, investors, international analysts and commentators. Attendees will enjoy a unique environment to meet and discuss key issues with Kuwait’s senior government officials and private-sector industry leaders.

Co-hosted with Ministry of Finance, the Euromoney Conference features Gulf Bank, Alghanim Industries, Kuwait Finance House, Kuwait Finance House Capital and the Kuwait Banking Association as its lead sponsors.

Co-sponsors include ASAR - Al Ruwayeh & Partners, Al Ahli Bank of Kuwait, and Kuwait Financial Centre (Markaz). Citibank and KSB Capital Group have joined the group conference exhibitors.

The conference agenda and further details are available on the Euromoney Conferences website (www.euromoneyconferences.com/kuwait).