China is the ideal partner for mutual business cooperation to aid the flow of investments and business between for Kuwait Finance House Bahrain (KFH-B), according to Abdulhakeem Alkhayyat, the Managing Director and CEO of KFH-B.
Alkhayyat, who hosted a high-level Chinese trade delegation, said China being a highly developed and industrialised nation would be an ideal partner for forging stronger cooperative ties with our Chinese counterparts.
Chinese delegation was led by Zhang Xiu, Deputy Director General of the Department of Commerce of Ningxia Hui Region, in the presence of the Chinese Ambassador to the Kingdom of Bahrain, Yang Weiguo, met with Abdulhakeem Alkhayyat, the Managing Director and CEO of KFH-Bahrain, Aaref Hejres, CEO of Diyar Al Muharraq, Osama Al Khajah, Chairman of Baytik Industrial Oasis and senior officials from the Bank to discuss investment opportunities in the Diyar Al Muharraq project.
The visiting officials were taken on a tour of the Diyar Al Muharraq project site with a view to increasing the potential scope of cooperation between the two entities.
Talks between the delegation and KFH-B focused on investment opportunities, facilities and services offered by the Bank to help Chinese companies serve the local and regional markets. During the introduction to Diyar Al Muharraq, Alkhayyat explained to the delegation the strategic pivotal role Diyar Al Muharraq will play in the overall development of Bahrain’s housing market. He also shared Diyar Al Muharraq’s business vision of creating Bahrain’s largest mixed-use residential urban development. A review of opportunities for cooperation between the Diyar Al Muharraq project and the visiting delegation also followed.
“Opening up new projects and investment opportunities in the Kingdom will not only benefit KFH-B and its customers, but also to the future development of Bahrain in general,” Alkhayyat added.
“Opportunities exist in both countries and by working together to support domestic and international companies in Bahrain and China, we can boost the strategic business partnership between the two countries,” he added.