The Kuwaiti government remains committed to rolling out its ambitious infrastructure development plan despite uncertainty over global oil prices.
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Economic Update | Kuwait set to push ahead with major infrastructure projects
20 May 2016
Economic Update | Kuwait’s real estate sales rebound
16 Apr 2016
Real estate sales in Kuwait rebounded in February, following a slowdown in recent months, with commercial sales outpacing residential for the first time in eight years.
Economic Update | Kuwait pursues major reform following record budget deficit
23 Mar 2016
Economic reform is under way in Kuwait, after the Ministry of Finance unveiled a new six-point strategy last month aimed at restructuring the economy amid the slump in global oil prices.
Economic Update | Kuwait’s privatisation efforts advance
18 Feb 2016
Last month Kuwait announced plans to create a new fund to manage its domestic assets, signalling a key step forward in the country’s push to privatise state-owned companies.
Economic Update | Kuwait Year in Review 2015
27 Dec 2015
The need for economic diversification was underscored this past year as the Kuwaiti economy came under pressure from lower oil revenues.
Economic Update | Fresh investment in renewable energy development in Kuwait
10 Nov 2015
A newly signed deal will see the creation of Kuwait’s first solar-thermal energy generation station. The project is viewed as a crucial step towards achieving the country’s goal of increasing the...