Economic Updates: Kuwait

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.

Kuwait: Encouraging demand

The Middle East | 3 May 2012
Kuwait: Encouraging demand

The outlook for Kuwait’s banking system over the next 12-18 months remains stable, according to a recent report by Moody’s Investors Services. Asset quality has improved markedly since the days of the global financial crisis, and lenders are well capitalised. However, the country’s lenders face other challenges, most notably a sluggish economy that has left demand for loans – particularly on the corporate side – limited.

Kuwait: Investment drive

The Middle East | 24 Apr 2012
Kuwait: Investment drive

An ambitious infrastructure investment programme to be spread over the next two years is the latest stage of Kuwait’s long-term development plan.