Cityscape, a premier real estate investment and development event, will be for the first time hosting a business breakfast meeting in Kuwait for developers, investors and key stakeholders of the real estate market to discuss local and global real estate investment trends.

This exclusive event, to be held on October 18 at the JW Marriott Hotel in Kuwait City, introduces some of the most important themes that will take place during the upcoming Cityscape Kuwait event.

A premier real estate investment and development event, Cityscape Kuwait will run from December 9 to 11 at the Kuwait International Fairgrounds in Mishref.

The business breakfast has been designed to stimulate debate and discussion, while being a comfortable platform for decision-makers to build new relationships and network with their peers.

“We are pleased to hold the first-ever Kuwait Business Breakfast,” said Deep Marwaha, the group director of Informa, the organisers of Cityscape Kuwait.

Set in an intimate environment, the business breakfast will feature an elite panel of experts providing key insights into the industry, h estated.

“The event is a preview to Cityscape Kuwait and introduces many of the key themes from the show – such as opportunities and issues in the local market, as well as providing insight into global investment hotspots including Turkey, Britain and Spain, among others,” he added.

According to Marwaha, the debut of this key meeting is a reflection of the huge response Cityscape has received from the Kuwaiti market.

“We are grateful for the support of the industry for our Cityscape event in Kuwait, particularly all the government organisations, our exhibitors and sponsors, and those high calibre industry experts who will participate in the Business Breakfast,” he added.  

The elite panel at the Kuwait Business Breakfast consists of experts from a cross-section of the business world. From the media sector, Ahmed Bou Merhi, the head of Kuwaiti Business News at Al Arabiya and head of the Business Department at Alanba newspaper, will be moderating the panel.

He dubbed the breakfast meeting as a much-needed event to shed light on the industry’s development in Kuwait and around the world.

"With the challenging situation that Kuwait and the GCC are facing as a consequence of the drop in oil prices, investors in Kuwait are moving now from stock markets to real estate to save their investments and returns, and also to hedge against the decline of oil and shares," he noted.

"Therefore, Cityscape Kuwait comes in time to focus on the changes in the macro-economy and their influence on the real estate sector," he added.

Nasser Faisal Alkhaled, the head of Real Estate Funds at Global Investment House who is also a panelist at the Business Breakfast, said: "The issues and topics we will discuss are of interest to all businesspersons. As an investment professional, it is the perfect platform to meet investors interested in property globally and to share my views on what the latest investment trends are."

The others in the panel include Rami Echo, the chief investment officer for AlArgan and Bassam Al Othman, the executive vice-president, Kuwait Financial Centre – Markaz.

Al Othman said Cityscape Kuwait was the best venue to exchange information on the latest developments in the Kuwait real estate market.

"For Markaz, the exhibition facilitates building relationships with local, regional and international investors and other parties interested in the Kuwait real estate market. I am pleased to join the Kuwait Business Breakfast, which is a preview of December’s Cityscape Kuwait, to give my thoughts on the industry," he added.-TradeArabia News Service