The Report: Kuwait 2012

Nestled between Iraq and Saudi Arabia in the northwest corner of the Gulf, Kuwait has been a leader of Arab democracy and one of the most liberal nations within the GCC since the country gained independence in 1961. Economically, the country also has a bright future, with strong public finances, a young and well-educated population and vast oil deposits. Now, as it attempts to transform itself into a regional centre of retail as well as culture, the country is entering a challenging period in its history, one which will have a profound impact on its long-term growth prospects.