Loay Jassim Al-Kharafi

KUWAIT: As the Communal Solidarity Conference, 'Paris in The Heart of Kuwait' approaches to take place in the French capital of Paris tomorrow; Al-Kharafi Group has announced its sponsorship and participation in this conference which will be held in the French Senate Hall in Luxembourg famous historical Palace, an event organized by Turnberry Kuwait Foundation for Conventions and Exhibitions.

Important event

Loay Jassim Al-Kharafi, CEO of Mohammed Abdulmohsen Al-Kharafi company stated: "Believing in our part in supporting the peace process around the world largely and with the countries with which we have friendly relations expressly, came our sponsorship of this important public event in confirmation of our condemnation of terrorism acts that have occurred recently in France and which murdered numerous spirits of innocent civilians."

"We support peace and reject all forms of terrorism and call always for security and stability in all countries of the world which have been affected by terror and treachery, not only in France , especially since our beloved country Kuwait, also has encountered recently such terrorism acts in which Kuwait tragically lost many of her children, therefore we have already dramatically been there." Kharafi explained.

"The belief of Islam has been built on brotherhood, love, solidarity and goodness in all its forms, so we stress that today's treachery and violence acts are not representing in any way the good concepts of Islam. Through this conference we communicate our sincere gratitude and a message of recognition and thankfulness to France's stand - people and Government- towards Kuwait crises during the brutal invasion in the year 1990, appreciating the great role played by the French government calling for the liberation of Kuwait for the cause of peace and justice," Kharafi proceeded.

Strong friendship

"We are proud of our strong friendship relationships with France; which were built on humanity and brotherhood basis in the first place, the thing that brought on our successful business relations of a huge investment nature. Kuwaiti investments are interestingly highly ranked in France whether through our business relationships with them as a group or through other Kuwaiti corporates' and economic entities as well. Such strong relationships have guided our interests towards some significant investments with France through some remarkable projects such as HEISCO's projects there - one of our Group's subsidiaries," Kharafi went on.

"Over times; Kuwait has announced its rejection of terrorism and its condemnation of all its aspects, its channels and tools, so through our participation in this conference we announce our sympathy with the French people and we affirm our backing up to them and to all countries that seek to live in peace," Kharafi concluded.

Multi-Kuwaiti activities

Kharafi Group is the largest multi-Kuwaiti activities group, considered as one of the largest companies in the Arab world in addition to being one of the most prominent shareholders of several companies in the Kuwait Stock Exchange, also the group's companies manage a minimum 10 percent of the total value of stocks listed in the Kuwait Stock Exchange Market.

Mohammed Abulmohsen Al-Kharafi Company was established in 1956 by the late Mohammed Abdulmohsen Al-Kharafi, started as a contracting company; it quickly diversified its activities to include general trading, steel industry, food industry , agriculture, restaurants , real estate , entertainment and tourism. The company holds stocks' shares in listed companies and runs investments businesses in sister companies and colleague companies. The Group activities have expanded to include several countries such as Egypt, Lebanon, Syria, France and Albania as it spread its business in the countries of the Middle East, Africa and Europe, Kazakhstan, Maldives, Indonesia and other countries around the world.