Kuwait Finance House (KFH) Group Chief Executive Officer, Khaled Yousef AlShamlan attended the opening of the Kuwait Second Forum on State Development Projects (ENCON5). Under the theme "Investment Opportunities in Housing and Mortgage Projects – Transparency, Achievement, and Sustainability: Principles of the New Era", the event featured His Excellency the Minister of State for Municipal Affairs and Minister of State for Housing Affairs, Eng. Abdul Latif Hamid Al Mashari, with senior officials and industry experts.

At the forum, AlShamlan emphasized supporting dialogue on the future of the housing and real estate sector. He noted that this vital industry directly impacts citizen quality of life and drives economic development.

AlShamlan explained that Kuwait is experiencing promising development driven by an ambitious vision for economic growth, infrastructure, and sustainability. He emphasized that the banking and real estate finance critically drives housing and development projects by providing innovative financing solutions that meet market needs and ensure efficient, sustainable project execution.

He explained that KFH has partnered in national development for nearly five decades by financing strategic projects and providing Islamic Sharia compliant banking solutions.

AlShamlan added that KFH strengthens its position as a leading global Islamic financial institution, drawing on deep experience and a vision aligned with economic shifts and modern development needs.

He emphasized the bank's continued support for the housing sector through integrated financing solutions tailored for retail and families, boosting real estate growth and sustainability. Additionally, he highlighted KFH's commitment to Sharia-compliant real estate products, such as construction financing with convenient repayment options, alongside diverse offers partnered with leading local suppliers.

AlShamlan noted that in 2025, KFH participated in Middle East, North Africa and South Asia sovereign financing deals for real estate finance, trade, industry, energy and services sectors exceeding USD 3 billion, reflecting its pivotal role supporting economic growth and promoting investment.

To enhance transparency and provide accurate information, AlShamlan explained that KFH issues quarterly real estate reports. These reports offer a comprehensive, impartial analysis of the Kuwaiti market to help investors and interested parties make informed decisions.

AlShamlan concluded by thanking the organizers and participants, wishing the forum success and hoping it supports Kuwait's comprehensive development.