Investment in Kuwait’s tourism industry is set to increase over the next decade, as the government moves to speed up construction of a new international airport terminal and several major hotel...
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Economic Update | Kuwait sharpens focus on expanding tourism sector
9 Mar 2017
Economic Update | Kuwait steers spending towards downstream oil and gas
27 Feb 2017
Kuwait’s latest budget will focus capital expenditure on downstream oil and gas activities during FY 2017/18 in a bid to create jobs, offset falling crude export revenue and capitalise on rising...
Economic Update | Kuwait Year in Review 2016
24 Jan 2017
With state revenues significantly impacted by lower global oil prices, the Kuwaiti government has intensified efforts to enact reforms aimed at increasing foreign investment, supporting economic...
Economic Update | Kuwait to invite proposals on a number of PPP projects
30 Dec 2016
The government of Kuwait is continuing its drive to encourage private sector investments, having recently announced plans to invite proposals on several large-scale, public-private partnership (PPP)...
Economic Update | Kuwait aims to broaden economy through industry
23 Nov 2016
The government of Kuwait is hoping to diversify the economy through industrial expansion, targeting double-digit growth on the back of its petrochemicals and plastics segments.
Economic Update | Consumer credit drives growth in Kuwait’s banking sector
25 Oct 2016
Kuwait’s banking sector remained stable last year despite growth easing from double-digit levels in 2013 and 2014, according to the most recent Financial Stability Report released by the Central Bank...