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Al Markaz Law Firm sponsors the “Kuwait Sustainable Energy Conference & Exhibition”

Al Markaz Law Firm sponsors the “Kuwait Sustainable Energy Conference & Exhibition”

In December 2015, Al Markaz Law Firm, participated as the gold sponsor of the Kuwait Sustainable Energy Conference & Exhibition, which was held at the Jumeirah Messilah Beach Hotel & Spa, Kuwait. The conference was held in furtherance of HRH the Amir’s vision of 15% of the national energy requirements being generated from renewable sources by the year 2030 and took place under the patronage of Mr. Nizar M. Al- Adsani, Deputy Chairman of the Board of Directors and CEO Kuwait Petroleum Corporation over a period of three days. With over 250 key governmental and oil sector entities attendees, the conference aimed to undertake discussions and the strategies on the various methods by which HRH the Amir’s vision may be materialized. The conference included many local and international industry stakeholders who presented the most recent cases and global best practices in the region. During the conference, Mr. Nazih Hameed, Senior Associate at Al Markaz Law Firm, gave a presentation on the legal requirements for foreign investors looking to start up energy projects in Kuwait. In his presentation, Mr. Hameed addressed the Foreign Direct Investment Law as a Gateway for Foreign Sustainable Energy Companies, where he discussed legal procedures and requirements as well as the main factors impacting foreign investment in the State of Kuwait. Finally, in a concluding post-presentation Q&A session, Mr. Hameed took the time to answer questions and addressed the concerns raised by the attendees in respect of foreign investment in Kuwait, from a legal perspective.