• Economic News Updates

    Economic News Updates

    For each market we cover, OBG produces regular economic research available on our website, by email subscription and via RSS feed. Free to access, our Economic Updates are targeted at those looking for regular comment on key sector developments.

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Economic Update | Kuwait: Mobile operators target 4G business

26 Feb 2013

The launch of 4G long-term evolution (LTE) services in Kuwait has sparked a wave of increased activity among mobile operators as they move to attract new business in what is already a fiercely competitive telecoms market.

Economic Update | Kuwait: Privatisation lift-off nears

14 Feb 2013

A recent decision by a parliamentary committee is expected to clear the way for the privatisation of Kuwait’s national airline, which in turn could reinvigorate a long-stalled programme to open up ownership of other state enterprises – or at least parts of them – to the private sector.

Economic Update | Kuwait: High-profile retail

30 Jan 2013

The opening of the long awaited, third phase of The Avenues mall in Kuwait has provided the retail sector with a major boost, while reaffirming a growing demand for luxury goods.

Economic Update | Kuwait: Year in Review 2012

14 Jan 2013

The year 2012 was one marked by ups and downs for Kuwait, with a record profit highlighting the country’s economic growth, but also exposing its perpetuating reliance on oil revenues. While the planning of new infrastructure projects and growth in the banking sector showed that the country is recovering well from the effects of the 2009 economic crisis, the political scene was dominated by tensions between the government and opposition, which left the parliament paralysed for most of the year.

Economic Update | Kuwait: New port for cargo

17 Dec 2012

Efforts to transform Kuwait’s logistics infrastructure are gathering pace following the announcement that the first phase of the $1.2bn Mubarak Al Kabir port development is on track for completion in the second quarter of 2014.

Economic Update | Kuwait: Up and down real estate results

3 Dec 2012

The local real estate sector continues to send out mixed messages. While Kuwait’s residential segment is clearly on the rise, other components of the market are struggling to rebound from the downturn in the property market in 2009 and, more recently, domestic political concerns.