• Economic News Updates

    Economic News & Views

    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: Business with Iraq on the up

9 Apr 2013

A landmark flight from Baghdad that touched down in late February at Kuwait International Airport looks set to usher in a new era of stronger economic ties between the two Gulf neighbours. The resumption of direct air-travel between Iraq's capital and Kuwait, which is building on a steadily rising flow of traffic between the two countries, spells good news for business leaders.

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.