Monday, December 17, 2007

YAL

I attended the Young Arab Leaders (YAL) Kuwait’s Chapter get together and it was an interesting gathering with good group of people. The meeting was headed by the Chapter’s head Maha Al-Ghunaim and great discussion ensued.


Someone mentioned how Qatar was advertising that Kuwait was the past, Dubai the present and Qatar the future of the region. So how do we put Kuwait back on the map? It was pointed out that Kuwait breads industry leaders such as Zain (now that they are moving out!), NBK, Agility, Al Shaya group to name few. Kuwait’s private sector is its greatest asset. Only if the government realized that!

5 comments:

don_veto said...

How do we make Kuwait the Leader again ?

Let us look back on what was happening when we where the pioneers in the Gulf. There was more liberal laws in terms of business activities, there was less restrictions on establishing new businesses, and there was greater respect for the law and no bribery.

bu ziyad said...

don: very true.. not sure how we're gona get this back though but let's be hopeful..

rubicon said...

well said and clear to any half-interested business person in kuwait.

this country does indeed embody the entrepreneurial spirit at its core through its dynamic private sector.

its also worth mentioning that the private sector is slowly being eaten alive by the modern (anti)cultural habits of a vicious welfare society.

that may be the precise reason, or one of the reasons, that these leading companies are turning their backs to their birthplace: they want to avoid infection or at least cure the rot that has taken hold. what better way to do that than move to a more salutary climate. if you have not already noticed, this is the same prescription that doctors give to people that have been impacted by their surroundings.

im running on here as i usually do with such topics but thank you for bringing it up.

bu ziyad said...

rubicon: run on all you want I share your frustration! business has the right to seek the best environment and i don't blame companies that do so.. but for now i will try to stay positive and hopeful things will improve..

eshda3wa said...

if only the government realized a lot of things!!