Overview

Traditional retail segments show positive trends, while Kuwait's e-commerce market undergoes rapid expansion
OBG
plus

Kuwait has a small retail sector compared to larger GCC markets like the UAE and Saudi Arabia, but consumers are quickly catching up with their regional peers in their tastes and demand for international food, brands and shopping experiences. Despite a recent economic slump due to low oil prices, the retail sector continues to evolve with regional and global trends. Retail and wholesale trade…

Overview

Kuwait's drive towards building new communities to meet growing real estate demand
OBG
plus

Property development, sales and rentals play a significant role in Kuwait’s economy, and home ownership is set to grow as new cities are built to accommodate a growing population. Landlords in the office, retail and industrial sectors enjoy high occupancy levels and there has been extensive development of rented residential properties for the expatriate workers, who constitute almost 70%…

Overview

As global urban populations undergo rapid growth, planners strive to create more efficient spaces
OBG
plus

In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural dwellers. The UN estimates that by 2030 urban areas will…

Overview

New health care initiatives focused on increasing capacity and addressing chronic disease in Kuwait
OBG
plus

The health profile of the Kuwaiti population has changed significantly in the past several decades. Kuwaiti citizens, who account for around 30% of the population of just over 4.2m, have become more prone to non-communicable diseases (NCDs). While deaths from infectious diseases are posing less and less of a threat, NCDs – the four main categories of which are heart disease, cancers, diabetes…

Overview

Health care expansion fuels demand for local and imported pharmaceutical products
OBG
plus

In recent decades, the pharmaceutical market has expanded its geographical reach. This trend appears to be here to stay; in a survey of major pharmaceutical firms conducted by global consulting firm PwC’s Strategy& team, more than half of respondents anticipated that over 30% of their global sales would originate in emerging markets by 2018. Even in the most newly opened markets, drug…

Overview

Kuwait redoubles its efforts to develop its education sector
OBG
plus

Kuwait and the wider Gulf have some of the youngest populations in the world, with one-third of the GCC’s population expected to be under the age of 25 by 2030. As such, ensuring that Kuwaiti youth are equipped with the skills to compete in the global marketplace has become one of the government’s main priorities. This is laid out in New Kuwait 2035, a bold government development plan prioritising…

Overview

Global markets recognise technical and vocational training key to improving employment rates
OBG
plus

Although priorities vary when it comes to economic development, the increasing need for skilled labour is both a cause of and a requirement for accelerated growth across markets. This demand for technical specialists is often most concentrated in the sectors that are vital to economic advancement, including infrastructure, oil and gas exploration and extraction, and value-add processes for…

Overview

Hotel listings in Kuwait
OBG
plus

CROWNE PLAZA KUWAIT AL THURAYA CITY Farwaniya, 103 Street Al Kuwait 81006 PO Box 18544 T: +965 1848 111 / 2474 2000 F: +965 2473 2020 www.crowneplaza.com/kuwait Rooms: 300 rooms. Business & Conference Facilities: 13 meeting rooms, the largest with capacity for 600 people, three ballrooms, staffed business centre and Wi-Fi. Health & Leisure Facilities: Fitness Centre, spa and swimming…

Overview

Telephone numbers of useful organisations in Kuwait
OBG
plus

MINISTRIES: Awqaf & Islamic Affairs 2248 7225 www.islam.gov.kw Commerce & Industry 2248 0000 www.moci.gov.kw Communications 2481 9033 www.moc.gov.kw Defence 2484 8300 www.mod.gov.kw Education 2484 8586 www.moe.edu.kw Electricity & Water 2537 1000 www.mew.gov.kw Finance 2248 0000 www.mof.gov.kw Foreign Affairs 2222 5555 www.mofa.gov.kw Health 2481 0932 www.moh.gov.kw Higher Education 1882…