28/11/2010 KFH-Bahrain explore opportunities of cooperation with the Republic of Ingushetia
Mr. Abdulhakeem Alkhayyat, Managing Director and CEO of KFH-Bahrain, received earlier this week a high level economic delegation from the Republic of Ingushetia, led by Deputy Prime Minister and Finance Minister of the Republic of Ingushetia H.E. Musa Chiliev as well as H.E. Visit Aushev, Minister of the Economy.
Other senior officials from the parties attended the meeting, including Mr. Abdul Razak Jawahery and Mr. Sattam Algosaibi, Executive Managers at KFH-Bahrain, Mr. Osama Alkhajah, Head of Project Development at KFH-Bahrain and Dr Salman Al Sheiba, Bahrain World Economic Summit secretary general.
The meeting emphasized on the cooperation in the field of Islamic finance in particular and investments as well as joint ventures in general.
Commenting on the meeting Mr. Alkhayyat said, "I am very pleased to meet with such a high level delegation from a very friendly country to Bahrain. The two countries have many common characteristics such as population and economy size, and we are looking forward to future cooperation with the Republic of Ingushetia."
The Deputy Prime Minister and Finance Minister of the Republic of Ingushetia H.E. Musa Chiliev, is currently visiting Bahrain to attend the Bahrain World Economic Forum. H.E. Chiliev decided to come to the event as his country was particularly interested in Islamic finance and economy.
"There are a lot of investment opportunities in our country, particularly in the fields of construction, agriculture and Islamic financial services and we have made some very interesting contacts for the future at this event," he added.
"The Republic of Ingushetia is one of the young republics looking to the Middle East to develop business," he concluded