Economic Updates: Kuwait

Kuwait: Improving transparency

The Middle East | 30 Jul 2012
Kuwait: Improving transparency

New corporate governance rules announced by the Central Bank of Kuwait (CBK) in June should continue to strengthen the banking sector and address issues that have been attributed to a weak corporate governance framework.

Kuwait: Opportunities in national development plan

The Middle East | 17 Jul 2012
Kuwait: Opportunities in national development plan

Building contractors in Kuwait will be hoping that the roll out of the state’s $108bn national development plan drives up activity in the sector, although political wrangling and red tape could mean key projects struggle to meet their 2014 deadlines.

Kuwait: Investing in Malaysia

The Middle East | 29 Jun 2012
Kuwait: Investing in Malaysia

Conscious that its economy is currently highly dependent on oil and closely tied to markets that continue to face economic uncertainty, Kuwait’s government is looking further afield to new investment destinations as well as to moves to stabilise oil prices.

Kuwait: Speeding up information technology

The Middle East | 18 Jun 2012
Kuwait: Speeding up information technology

Kuwait is moving to bring its information technology (IT) infrastructure in line with its neighbours by improving services, the network and the regulatory environment that governs the sector.

Kuwait: Marketing the markets

The Middle East | 6 Jun 2012
Kuwait: Marketing the markets

The Kuwait Stock Exchange (KSE) is in the midst of what has been described as the largest overhaul of its trading system in almost 20 years, and measures to privatise the bourse, streamline procedures and strengthen transparency all aim to raise the market’s profile and appeal as an investment destination.

Kuwait: Growth in the pipeline

The Middle East | 21 May 2012
Kuwait: Growth in the pipeline

Plans for a major new refinery and record exports to Asia have led to heady estimates of Kuwait’s oil revenues for 2012 and the sector is looking to innovative techniques to extract huge reserves of heavy oil.

Kuwait: Laying track for growth

The Middle East | 11 May 2012
Kuwait: Laying track for growth

Plans are moving ahead for Kuwait’s country-wide metro system, which is hoped to address the growing issue of congestion and create a better environment for growth in commercial, business, industrial and residential markets.