With state revenues significantly impacted by lower global oil prices, the Kuwaiti government has intensified efforts to enact reforms aimed at increasing foreign investment, supporting economic...
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Economic Update | Kuwait Year in Review 2016
24 Jan 2017
Economic Update | Kuwait to invite proposals on a number of PPP projects
30 Dec 2016
The government of Kuwait is continuing its drive to encourage private sector investments, having recently announced plans to invite proposals on several large-scale, public-private partnership (PPP)...
Economic Update | Kuwait aims to broaden economy through industry
23 Nov 2016
The government of Kuwait is hoping to diversify the economy through industrial expansion, targeting double-digit growth on the back of its petrochemicals and plastics segments.
Economic Update | Consumer credit drives growth in Kuwait’s banking sector
25 Oct 2016
Kuwait’s banking sector remained stable last year despite growth easing from double-digit levels in 2013 and 2014, according to the most recent Financial Stability Report released by the Central Bank...
Economic Update | Kuwait’s drive toward fuel subsidy rationalisation
20 Sep 2016
The government’s recent decision to make cuts to Kuwait’s petrol subsidy system is expected to boost state coffers amid low global oil prices, despite some push-back from organised labour.