Economic Updates: Kuwait

Kuwait forges ahead with port expansion

Kuwait | 27 Aug 2013
Kuwait forges ahead with port expansion

Government investments in the transport sector are set to expand capacity at Kuwait’s ports over the next several years. Progress is being made on the new Mubarak Al Kabeer (MAK) port, while other infrastructure projects – including a 36-km causeway that will link Shuwaikh Port with Boubyan Island – are moving ahead.

Kuwait looks to boost foreign investment

Kuwait | 15 Aug 2013
Kuwait looks to boost foreign investment

While Kuwait’s FDI figures were up in 2012, far more capital still leaves the country each year than enters it. However, the government is working to reverse this, in part by improving the legal framework for foreign investment.

Kuwait: Health care privatisation moves ahead

The Middle East | 2 Aug 2013
Kuwait: Health care privatisation moves ahead

Ambitious plans to privatise segments of Kuwait’s health care services are gaining momentum as the government makes a two-fold bid to reduce waiting times at state hospitals and attract new investment for the sector.

Kuwait: Room for growth in insurance

The Middle East | 18 Jul 2013
Kuwait: Room for growth in insurance

Despite new state investments in infrastructure and a steadily rising population, the insurance sector in Kuwait is expected to grow more slowly than elsewhere in the Gulf.

Kuwait: New renewable energy project in the works

The Middle East | 3 Jul 2013
Kuwait: New renewable energy project in the works

Despite holding substantial oil reserves, Kuwait is stepping up its efforts to develop alternative sources of energy. In mid-June the government announced it was inviting bids for the construction of Shagaya, a renewable energy park, as part of its plan to generate 15% of its electricity through non-oil sources by 2030.

Kuwait: Calls for ICT to reconnect

The Middle East | 18 Jun 2013
Kuwait: Calls for ICT to reconnect

Limited uptake of new technology has had an impact on economic development in Kuwait, according to a recent report.

Kuwait: Upward trajectory for KSE

The Middle East | 4 Jun 2013
Kuwait: Upward trajectory for KSE

The Kuwait Stock Exchange (KSE) had a positive start to 2013, with the index steadily moving up to reach multi-year highs in May. While local investors are driving much of the recent activity, foreign capital is increasingly flowing into the Gulf’s third-largest bourse. Plans to privatise the exchange could also boost the KSE’s international profile.