KUWAIT: The launch of the Spanish Business Council Kuwait (SBCK) was officially announced at an event organized by the Embassy of Spain and hosted at the residence of HE Miguel Moro Aguilar, Ambassador of Spain to Kuwait. The event started with a networking meeting, where around 60 top executives from Spain and Kuwait gathered to celebrate this milestone in Kuwait.

HE Miguel Moro Aguilar opened the festivities by thanking all attendees for their interest in this project that is expected to "solidify a friendship existing for over 60 years". Speaking at the event, Aguilar said that, "the signing of the strategic partnership between Ribera Salud and Daman and the new direct flight route between Kuwait and Madrid is expected to enhance connectivity between Kuwait and the Spanish-speaking world."

Yahya Al-Sheibani, Indra's General Manager and SBCK's President, talked about a few other projects of significance led by Spanish companies and brands. He also saluted HE Moro Aguilar for his outstanding efforts to unite the Spanish community in Kuwait and initiate the SBCK initiative. Al-Sheibani added, "cultural awareness is key to building successful professional and personal relationships.

Therefore, one of the SBCK's key roles will be to facilitate the exchange of information and experiences, but also to become a communication channel with public and private entities in both countries". The newly appointed Commercial Attaché at the Spanish Embassy, Miguel Ballesteros, highlighted key figures to provide further context regarding the importance of Spain and Kuwait's commercial relations.

"Despite the worldwide pandemic, Spain has maintained its presence overseas. Exports have increased by 21 percent, surpassing pre-pandemic levels. The outstanding bond between the royal families of Spain and Kuwait has been crucial in maintaining significant commercial ties between both countries. Spanish exports to Kuwait totaled EUR 400m, representing a 26 percent increase compared to the previous year and the 2020 Kuwait's stock value in Spain reached EUR 400m," he said.