• 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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Displaying 43 to 48 of 97

Economic Update | Kuwait: Banking on growth

28 Mar 2013

The banking sector in Kuwait maintained solid fundamentals in the face of a number of difficulties in 2012, including continued regional unrest, a volatile euro and global economic uncertainty. In line with the conservative approach the sector has followed for years, many banks continued to practice prudent lending policies and to transfer funds to provisions. In light of recent solid growth, however, some in the sector are looking for a shift away from conservative policies to those that could spur lending and accelerate growth.

Economic Update | Kuwait: Construction activity set to rise

12 Mar 2013

The construction industry is looking to a series of projects, combined with increasing demand from the private sector, to generate momentum following a period of minimal growth and thin margins.

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.