Kuwait has maintained the tempo of its infrastructure development drive, despite a challenging economic climate that resulted in a second consecutive budget deficit in the previous fiscal year ending...
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Economic Update | Momentum sustained as Kuwait works to deliver large project pipeline
31 May 2017
Economic Update | Mid-tier retailers show heightened interest in Kuwait
26 Apr 2017
With growing interest in the mid-tier retail market and an upswing in credit card spending recorded at the end of last year, Kuwait is looking to bounce back from a period of subdued consumer...
Economic Update | Kuwait sharpens focus on expanding tourism sector
9 Mar 2017
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...
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...