Economic Updates: Kuwait

Kuwait: Credit where it is due

The Middle East | 3 Jun 2011
Kuwait: Credit where it is due

The financial health of Kuwait’s banking sector has improved markedly since the height of the global financial crisis, when falling asset prices had a negative impact on balance sheets and a number of institutions faced rising numbers of non-performing loans. Today, banks are well capitalised and reporting increased profits.

Kuwait: A new chapter

The Middle East | 21 May 2011
Kuwait: A new chapter

Iraq and Kuwait appear to be laying the foundations to rekindle economic relations, with businesspeople and political leaders from both countries recently meeting to discuss opportunities for bilateral trade and investment.

Kuwait: Building back up

The Middle East | 9 May 2011
Kuwait: Building back up

According to several recently published reports, the outlook for Kuwait's real estate sector is looking up. After hitting a low in 2009, the real estate market has begun to show signs of recovery and following robust expansion in 2010, the sector appears poised to see further growth this year.

Kuwait: Port plans

The Middle East | 25 Apr 2011
Kuwait: Port plans

Kuwait’s ambition to become a leading trading centre for the region took a step forward earlier this month, when the foundation stone for the new Mubarak Al Kabir port was laid, at a ceremony attended by Emir Sheikh Sabah Al Ahmed Al Jaber Al Sabah.

Kuwait: Plan in motion

The Middle East | 11 Apr 2011
Kuwait: Plan in motion

The Kuwaiti government has approved a four-year economic development plan that, if successfully implemented, could boost public and private spending and lessen the economy’s dependence on oil.

Kuwait: An air of refinement

The Middle East | 28 Mar 2011
Kuwait: An air of refinement

Investor confidence in Kuwait’s energy industry should get a welcome fillip from reports that the state-owned oil company is set to increase domestic oil refining capacity by more than 50% over the next five years.

Kuwait: Health in focus

The Middle East | 14 Mar 2011
Kuwait: Health in focus

The health care industry has moved front and centre of the development agenda throughout the Gulf and wider Middle Eastern region. The industry’s resilience to the effects of the global economic crisis over the past two years has whetted the appetite of private investors, while governments are concerned about growing demographic pressure on social services.