Arab News
Kuwait times,
Sun, Oct 12, 2025 | Rabi al-Thani 20, 1447
Kuwait diplomat underlines economic, investment coop. with Portugal
Kuwait:
Kuwaiti Ambassador to Portugal Hamad Al-Hazeem
stressed Friday commitment to promoting economic and investment cooperation
between Kuwait and Portugal and encouraging Kuwaiti companies to expand business
in the Portugal market.
Speaking to KUNA, the ambassador said he met with
Massimiliano Maiocco, the Operating Director of Kuwait Petroleum Company -
Spain, a subsidiary of Kuwait Petroleum International (Q8), and Retail and
Marketing Manager Abdullah Al-Roumi at the Kuwaiti Embassy in Lisbon late
Thursday to look into the company’s recent license to operate in Portugal.
He added that he coordinated an official meeting
between the company’s team and Director-General of the Portuguese Business
Confederation (CIP) Rafael Rocha to discuss cooperation with the Portuguese
private sector and joint investment opportunities in the energy and petroleum
service sector.
He commended the company’s decision to expand its
business in Portugal as a significant step towards Kuwaiti-Portuguese economic
and trade relations. The Kuwaiti ambassador underlined that the embassy would
keep providing support and help to Kuwaiti companies wishing to invest in
Portugal in a bid to promote economic and trade relations between Kuwait and
Portugal.
For his part, Maiocco spoke highly of the Kuwaiti
ambassador’s key role in strengthening relations between Kuwaiti and Portuguese
companies and bolstering bilateral relations in a way that cements the Kuwaiti
economy.