Kuwait: As part of its ongoing efforts to strengthen commercial partnerships and expand cooperation across multiple sectors, Kuwait Airways has announced the signing of a joint cooperation protocol with LuLu Hypermarket Kuwait. The agreement aims to enhance trade exchange, which will positively impact the local economy, and open new opportunities in various fields that serve the interests of both parties, while positively impacting their customers.

The protocol was signed by Kuwait Airways Chairman, Captain Abdulmohsen Salem Al-Fagaan, and the Director of Operations at LuLu Hypermarket Kuwait, Sreejith Kolanthra Sreerajan, in the presence of the Acting Chief Executive Officer at Kuwait Airways, Captain Abdulwahab Ibrahim Al-Shatti, along with several senior officials from both companies.

Under the protocol, LuLu Hypermarket will be able to transport its goods from various destinations around the world via Kuwait Airways. Additionally, Kuwait Airways will serve as a carrier for LuLu Hypermarket’s employees and customers. The protocol aims to establish a general framework for joint cooperation to strengthen bilateral and institutional relations, that contribute to the exchange of cargo and various commercial services between the two parties, in addition to participation in campaigns, events and various activities that serve all parties.

Speaking during the signing ceremony, Kuwait Airways Chairman, Captain Abdulmohsen Al-Fagaan stated, “Kuwait Airways is pleased to sign this memorandum of understanding with LuLu Hypermarket Kuwait, one of the leading retail entities in the region. With its strong presence across all governorates of Kuwait, LuLu Hypermarket is an ideal partner for implementing joint initiatives that enrich the customer experience and enhance business cooperation.”

Al-Fagaan stated, “This protocol represents a new step in Kuwait Airways’ strategy to expand its partnerships with private sector institutions in the country, thereby enhancing the competitiveness of the national economy and supporting the shared vision of building a diversified and sustainable economy.”

Al-Fagaan added, “This protocol consolidates the principle of effective partnerships with both public and private sector institutions, reflecting Kuwait Airways’ firm belief in the importance of integration among various entities to support the economic development process in the State of Kuwait. It also demonstrates Kuwait Airways’ commitment to establishing frameworks for joint cooperation with various organizations, governmental and private, in ways that stimulate the national economy and support the State of Kuwait’s ambitious development plans.”

Al-Fagaan emphasized that the signing of this protocol aligns with the “New Kuwait 2035” vision, which aims to strengthen Kuwait’s position as a regional financial and commercial hub by fostering partnerships that create added value and promote sustainable development across various sectors.

Al-Fagaan concluded by stating that this represents the beginning of future joint projects aimed at enhancing the standing of both institutions, and services to their valued customers, while contributing to the development of Kuwait’s commercial and service sectors in line with future aspirations.