Kuwait Finance House (KFH) Chairman and Managing Director Bader Al-Mukhaizeem asserted his trust in the Turkish economy, where it grants investors new opportunities and horizons, especially that t6he Turkish government exerts sterling efforts to overcome any challenges that might face investors. He also welcomed the Turkish Prime Minister Recep Teyyep Erdugan and his accompanying delegation during their visit to Kuwait, which reflects the strong relationship between the two countries in all fields.
Al-Mukhaizeem stated that Erdugan’s government has played a pivotal role in approving the policies that led to triggering a positive economic transformation that Turkey currently witnesses, which is evident by the foreign investments that Turkey managed to attract; thus allowing Turkey to avoid the severe consequences of the financial crisis. He praised the role played by Erdugan when he was the Head of the Istanbul Municipality, where he caused a significant shift in the city at that time. He went on to say that Erdugan has set a new vision that strengthened the bonds between politics and the economy, in light of Turkey’s efforts to reinforce its relationship with neighboring countries and blooming markets, not to mention reviving the social and historic relationships with the Arab world and the Middle East. He added that the Turkish economy’s positive growth rate has reflected on KFH-Turkey’s performance and expansion in the local and neighboring markets, which underscores the correct decision of investing in Turkey that was made by KFH 20 years ago. He revealed that KFH-Turkey has recently opened banks in Bahrain, Dubai, Kazakhstan and Germany; in addition to intensifying its efforts to hold a high status among the Turkish banks, not to mention the 150 branches found all over Turkey.