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Showing posts with the label 2024 at 07:28AM

The G7: Committed to Building a Brighter Future with the India-Middle East-Europe Economic Corridor

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G7 summit (Photo/X@G7Italy). Image Credit: ANI The Group of Seven (G7) nations have united to support specific infrastructure initiatives, notably the India-Middle East-Europe Economic Corridor (IMEC), as outlined in their joint statement released after their three-day summit in Italy. The G7 aims to strengthen economic corridors to foster better infrastructure development and attract investments. Key projects include the Lobito, Luzon, Middle, and India-Middle East corridors, with a focus on coordination and financing. In alignment with existing programs, the G7 intends to build upon initiatives such as the EU Global Gateway, the Great Green Wall, and Italy’s Mattei Plan for Africa. As stated by the White House in an official announcement, “We will further promote concrete G7 PGII initiatives, flagship projects, and complementary initiatives to develop transformative economic corridors for quality infrastructure and investment.” The G7 Summit leaders reaffirmed their co...

Introducing Vietnamese Products to Kuwait’s Market

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Vietnamese Ambassador to Kuwait, Ngo Toan Thang, met with the leaders of City Center supermarket chain on February 4. City Center is one of the leading supermarket chains in Kuwait and aims to access goods from Vietnam. The Ambassador was welcomed by Adel Y. Al-Ghanim, chairman of Alghanim Sons, the parent group, and Jasim Y. Al-Ghanim, CEO of City Center supermarket chain. Vietnamese Ambassador to Kuwait Ngo Toan Thang looks at City Center’s products. Source: World & Vietnam newspaper The City Center supermarket chain was established in 1999 and has a system of hypermarkets, supermarkets, and convenience stores. The largest store covers over 20,000 sqm and City Center currently owns 16 large supermarkets in Kuwait. They are also expanding their influence into the Iraqi market, establishing a strategic presence in the country. During the meeting, the diplomat visited City Center and listened to Adel and Jasim Y. Al-Ghanim share information about the commodity system a...