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Neira Financial Hub | 12
Kuwait is ready for a well built domestic and financial center targeted on local and international markets that will supply the
financial needs of its economy and population. A well functioning financial hub is critical for the sustained expansion of the
economy. In addition, the allocation of assets will optimize the development and efficiency of the financial sector.
Allowing financial diversification to be exercised in Neira will reduce Kuwait’s dependency on oil in promoting a new portal
for financial possibilities. Increasing efforts have been made by the government and the private sectors to turn Kuwait into a
financial center and gateway to other investors.
Given the fast-paced changes marking the current development of the
GCC, Al Mazaya has initiated the planning of a fully integrated financial
center, by the name of Neira in the heart of Kuwait Bay.
In light of the recent economic upsurge in the gulf region and in the Middle East, Kuwait is subject to staggering demand from
investors. Kuwait is set to become the exclusive regional and financial center with strong domestic and international financial
sectors that will exceed the region’s expectations. In addition, Kuwait’s central geographical location within the Gulf will
surely determine the recent trade flow.