KDIPA and TBY Host High-Level Roundtable to Advance Kuwait’s Energy Transformation

KUWAIT, June 18 (KUNA) — The Kuwait Direct Investment Promotion Authority (KDIPA), in collaboration with The Business Year (TBY), organized a high-level roundtable titled The Thought Leadership Circle: Empowering Energy Transformation at the Chairman’s Club, KIPCO Tower. The event brought together prominent figures from Kuwait’s energy and finance sectors, alongside global partners, to discuss and strategize the nation’s energy future.\nIn his keynote address, KDIPA Director General Sheikh Dr. Meshal Jaber Al-Ahmad Al-Sabah underscored the critical role of energy in driving Kuwait’s sustainable development and economic diversification objectives. Hamad Al-Marzouq, Chief Enterprise Business Officer at Zain Kuwait, reiterated Zain’s commitment to supporting the energy sector through digital innovation and strategic partnerships.\nAnwar Al-Mutlaq, representing Shell Kuwait, shared valuable insights on upstream developments and the importance of international expertise in helping Kuwait achieve its 2035 and 2040 production targets. The Kuwait Banking Association (KBA), as a strategic sponsor, emphasized the financial sector’s role in funding green infrastructure and mobilizing capital for sustainable projects.\nThe discussions focused on Kuwait’s roadmap to achieving net-zero emissions by 2050, recent upstream discoveries such as Al-Nokhatha, Al-Julaiah, and North Wafra, and the significance of innovation and foreign investment in accelerating progress. Supported by Shell Kuwait and Zain as Executive Sponsors, the event provided a vital platform for fostering collaboration to enhance Kuwait’s energy transformation and investment attractiveness.\n— new from Kuwait News Agency

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