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Interview

Khaled Al Mashaan, Vice-Chairman and CEO, ALARGAN: Interview
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Interview: Khaled Al Mashaan Which segments are showing strength in the present real estate environment? KHALED AL MASHAAN: Currently the market is flat; however, this climate does present an excellent opportunity for the real estate sector. The main challenge is the limited availability of land released by the government to develop projects, a challenge that doesn’t look likely to end soon. Demand…
Interview

Yasser Hassan Abul, Minister of State for Housing Affairs: Interview
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Interview: Yasser Hassan Abul How are public-private partnership (PPP) frameworks being developed to encourage private sector participation in housing construction projects? YASSER HASSAN ABUL: In order to drive private sector participation in the development of housing projects, the Public Authority for Housing Welfare (PAHW) plans to adopt a PPP framework that relies on the existing legislation,…
Interview

Qusai Al Shatti, Acting Director-General, Central Agency for Information Technology (CAIT): Interview
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Interview: Qusai Al Shatti What are the most important impacts of ICT on the processes of government organisations? QUSAI AL SHATTI: Advances in ICT are having far-reaching effects on many areas of the economy, including government services, processes and structures. Greater connectivity, together with e-government initiatives, means that services can be provided in real time and with greater mobility.…
Interview

Salman bin Abdulaziz Al Badran, CEO, VIVA Kuwait: Interview
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Interview: Salman bin Abdulaziz Al Badran What are the challenges of 5G networks, and what services are likely to shape future 5G offerings? SALMAN BIN ABDULAZIZ AL BADRAN: 5G networks and services form an important ecosystem of innovation in technology and business. The range of future 5G offerings will be shaped by various drivers, from the business and market side as well as from the technology…
Interview

Faisal Awwad Al Khaldi, Deputy CEO, Kuwait Steel: Interview
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Interview: Faisal Awwad Al Khaldi How can private sector industrial and manufacturing companies help diversify Kuwait’s economy? FAISAL AWWAD AL KHALDI: The economy in Kuwait has been heavily reliant on oil revenues and thus impacted by the sharp downturn in oil prices. Kuwait plans to diversify government revenues based on strong growth in non-oil sectors, while encouraging the private sector…
Interview

Dr Ahmed Al Saleh, CEO, Health Assurance Hospitals Company: Interview
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Interview: Dr Ahmed Al Saleh What is required in terms of structure and regulation to improve health care in Kuwait? DR AHMED AL SALEH: Today, Kuwait’s health care system is recognised as one of the most developed in the Middle East. Its achievement in terms of health indicators rival average European standards of health, and the government has committed to reforming the health care system several…
Interview

Adnan Shihab-Eldin, Director-General, Kuwait Foundation for the Advancement of Sciences (KFAS): Interview
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Interview: Adnan Shihab-Eldin What role does research and development (R&D) play in private sector companies in Kuwait? ADNAN SHIHAB-ELDIN: Economic growth and innovation have become increasingly dependent on developing a knowledge-based economy, which in turn depends on a firm foundation in science and technology, established through R&D. Without sustained investment in R&D, the chances…
Viewpoint

Viewpoint from Emir Sheikh Sabah Al Ahmed Al Jaber Al Sabah
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Viewpoint: Sheikh Sabah Al Ahmed Al Jaber Al Sabah I have repeatedly outlined the difficulties that we face and the magnitude of the challenges that hinder our country’s progress. These challenges hinder our continuing efforts to protect our country and ensure its stability. At the same time, we are equally mindful of preserving the happiness and dignity of our citizens and ensuring a prosperous…
Viewpoint

Philip Kotsis, Partner, Al Tamimi & Co: Viewpoint
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Viewpoint: Philip Kotsis The progress of a nation’s economic and commercial sectors depends greatly upon the implementation and support of a robust and efficient legal framework, which corresponds to the requirements needed to effectuate the growth of commerce, industry and investment. Legal experts in the GCC have witnessed a discernible and leading effort in Kuwait to reform key aspects of its…
Analysis

Kuwait builds new trade relations with Russia and China

Posted OBG AdminPosted in Uncategorized

The past decade has seen substantial changes in the global economy and geopolitics, with the rise of China and Russia’s re-emergence on the global stage being two particularly important trends. These developments are creating new opportunities for GCC member states as they look to diversify their economies and trade, seek investment opportunities in emerging markets, and forge partnerships…