Press releases

Chinese companies eyeing attractive investment opportunities in Kuwait

Perss release

30 November 2015 – With Kuwait promoting itself as a go-to destination for foreign investment through streamlining procedures for licensing and granting incentives and guarantees to help boost foreign investments across the sectors, Chinese companies are increasingly eyeing attractive investment opportunities in the country.

Deloitte recently hosted an executive forum for a select group of key Chinese officials and enterprise executives to share expert insights into the latest updates on the Kuwaiti taxation system and the newly launched initiative to attract foreign investment to the country. The event, which took place during the third week of November in Kuwait, was led by Ihab Abbas, Tax Partner, and Bassem Abulkhair, Tax Director at Kuwait, and supported by Madeleine Todd, Chinese Services Group Manager at Deloitte Middle East.

“We are seeing a growing number of Chinese companies coming to do business in Kuwait,” explains Ihab Abbas. “With the latest changes in the Kuwaiti taxation system, as well as the Kuwait Foreign Investment and Public-Private Partnership (PPP) Laws, it is essential for companies to understand the implications of such changes on their business operations and to make informed decisions about their strategies with regards to this particular market. Deloitte, with its extensive network and deep experience in Kuwait, is helping clients navigate this changing landscape by adjusting and implementing tailored solutions that could bring sustainable and effective business results to them.”

In line with Kuwait’s effort to diversify its economy, preferences in Foreign Direct Investment (FDI) are given to high tech companies that have the potential to generate employment opportunities for Kuwaitis and improve to the national economy. Chinese companies that are currently doing or looking to expand business in Kuwait are ideal candidates in this regard.

“Deloitte is a leading professional services firm with a dedicated global China servicing desk that specifically focuses on Chinese cross-border investments,” explains Madeleine Todd. “Through these types of forums and discussions, we hope to better understand the concerns and needs of the Chinese business community in Kuwait in order to ensure excellent service for Chinese businesses seeking growth in this market, as well as help them build lasting business relationships in the country that are mutually beneficial and rewarding for them and their local partners.”

Press contact
Nadine El Hassan
Middle East Public Relations
Deloitte & Touche (M.E.)
Tel: +961 (0) 1 748444
Fax: +961 (0) 1 748999


Click here to download for the Arabic pdf version

About Deloitte:
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte has in the region of 200,000 professionals, all committed to becoming the standard of excellence.
Deloitte's professionals are unified by a collaborative culture that fosters integrity, outstanding value to markets and clients, commitment to each other, and strength from cultural diversity. They enjoy an environment of continuous learning, challenging experiences, and enriching career opportunities. Deloitte's professionals are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities.
About Deloitte & Touche (M.E.):
Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is the first Arab professional services firm established in the Middle East region with uninterrupted presence since 1926.
Deloitte is among the region’s leading professional services firms, providing audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with around 3,000 partners, directors and staff. It is a Tier 1 Tax advisor in the GCC region since 2010 (according to the International Tax Review World Tax Rankings). It has received numerous awards in the last few years which include Best Employer in the Middle East, best consulting firm, and the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW).

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