The investment department at Kuwait Fund for Arab Economic Development has organized, in cooperation with Wafra Inc, an investment course at the Fund’s headquarters, kicked off on June 3rd and concluded on June 6^th.

 

The Wafra course saw participation from a number of the Fund’s employees, and representatives of Kuwait Investment Authority, Public Institution for Social Security, Central Bank of Kuwait, Arab Fund for Economic and Social Development, Gulf Investment Corporation, Kuwait Petroleum Corporation, and Kuwait Foundation for the Advancement of Science.

The training session intended to provide an in-depth insight on the latest trends in the investment field, as well as enhancing the necessary skills to evaluate investment opportunities and risk management effectively, in addition to boosting cooperation and exchanging knowledge among workers of the various participating bodies in the course, which would contribute to improving economic performance and increasing investment efficiency, Mr. Naser Al-Fouzan, superintendent of securities in the investment department, noted.

“The course is part of the continued efforts to bolster investment knowledge and build government sector workers’ capabilities. It is one of the series of initiatives aiming to support economic development in the State of Kuwait, and strengthen investment abilities of government workers,” Al-Fouzan said, expressing utmost gratitude to Wafra Inc. for “such a pioneering initiative, and to all the participants as we aspire further cooperation in the future to achieve the joint objectives.”

For his part, Mr. Marzouq Al-Ghanim, superintendent of Real assets in the investment department, emphasized that Wafra course is considered as one of the significant training sessions organized by the investment department, besides other prominent ones such as JP Morgan and Goldman Sachs, adding it highlights a number of investment sector-related fields such as real estate, infrastructure, equity, fixed income, and other related fields.

Al-Ghanim also expressed most gratitude to the representatives of government bodies for partaking in the course and “contributing to making it so successful,” conveying many thanks to Wafra Inc for contributing to the practical training aspect of the course, especially in areas such as alternative assets, real estate, private equity, and hedge funds. Such fields are so promising and would see great success in present time and the future, he said.