Kuwait participates in Arab Banking Conference

18/04/2014 05:09 AST

Arab nations' economies and development plans were put on the back burner for long now, which calls for intensifying cooperation to improve these economies, Jordanian Prime Minister said Thursday.

Premier Abdullah Ensour made this remark at a meeting with Kuwait International Bank (KIB) Chairman Sheikh Mohammad Al-Jarrah Al-Sabah and members of board of directors of Union of Arab Banks (UAB), who are participating in the Annual Arab Banking Conference, currently being held in Amman.

The meeting shed light on the importance of achieving a comprehensive Arab economy, especially since there are an abundance of investment opportunities.

Kuwait is participating in the two-day event that kicked off yesterday. The conference entitled "Strategies for the Development of Arab Economies" tackles ways of meet the economic challenges, especially the necessary restructuring needed to accommodate new internal and external developments to stimulate the labor market and increase growth rate.


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