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Home > About Slovenia > Publications > Slovenia News > Slovenia News 19 December 2006 > Kuwaiti Billionaire Looking for Opportunities in Slovenia

Kuwaiti Billionaire Looking for Opportunities in Slovenia

Ljubljana, 18 December

Kuwaiti businessman Hussein Al Kharafi met Slovenian Economy Minister Andrej Vizjak on Monday for talks that focused on investment opportunities in Slovenia and potential for joint ventures in Southeastern Europe, the Economy Ministry said.

Vizjak and Al Kharafi reportedly agreed that a regular cargo ship line between the Port of Koper and Kuwait would provide a crucial boost to bilateral trade.
Talks also touched on the visa regime, which makes it hard for Kuwaiti businessmen to visit Slovenia, the press release reads.
Al Kharafi is paying a four-day visit to Slovenia during which he will inaugurate on Tuesday a Slovenia-Kuwait business forum.
An agreement on the creation of the forum was signed during a visit by PM Janez Jansa's and a strong business delegation to Kuwait on 14 November.
The forum is presided by Al Kharafi, with Janez Skrabec, general manager of Slovenian civil engineering company Riko, the vice-president.
"The successful visit of Kuwait provided the necessary push for stronger cooperation...Slovenia as well as Kuwait play an important role in their respective regions, and it is up to businessmen to identify opportunities and take advantage of them," Vizjak was quoted as saying.
Al Kharafi, whose family is 29th on Forbes' list of the world's richest people, was invited to Slovenia by Riko and the the Ljubljana-based International Institute for Middle-East and Balkan Studies (IFIMES).

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Foreign Policy
Germany, Portugal and Slovenia "Tugging in Same Direction"
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Jansa Warns Croatia it Could Be in Turkey's Shoes
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Govt Adopts Bill on Amending Economic Zones Act
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Govt Adopts Decree Tax Breaks for Research
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Govt Adopts 2007 Tourist Board Operational and Financial Plans
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PM Does not Expect Excessive Price Hikes Due to Euro Switch
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Marjeta Cotman Appointed New Labour Minister
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Social Partners Approve Open Labour Market for New Members
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Minister Calls for Closer Ties with Central Asian Countries
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Slovenian Company to Build Hotel Complex in Moscow
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EBRD Plans to Withdraw from Slovenia in 2010, Official Says
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Kuwaiti Billionaire Looking for Opportunities in Slovenia
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Survey: Slovenia among Strongest Supporters of EU Enlargement
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Average Monthly Labour Costs per Employee at EUR 1,695 in 2005
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Renowned Slovenian Scientist Honoured With an Anthology
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Minister Says EU, Govts Share Burden in Cutting Red Tape
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Banks Start Selling Euro Coin Starter Sets
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Actor Polic and Composer Maticic 2007 Preseren Laureates
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Calendar of Events
Schedule of Events from 19 to 24 December

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