Kuwait ICT Articles & Analysis

Chapter | ICT from The Report: Kuwait 2018

The government’s New Kuwait 2035 strategy has signalled ICT development as a key pillar that is expected to attract investment and boost the local economy. In 2016 telecoms accounted for 7.7% of non-oil revenue and 3.92% of total GDP at constant prices, according to the Central Statistical Bureau. Though its contribution to the non-oil sector grew to 8.2% in 2017, its GDP share dipped slightly to...

As hydrocarbons forms the backbone of Kuwait’s economy, the resurgence in global commodity markets bodes well for the future and has led to a renewed sense of optimism. The recovering market is also supporting the government’s diversification efforts under the auspices of the Kuwait National Development Plan, or New Kuwait.

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The GSMA, an international industry trade body, forecasts that 14% of the world will have adopted 5G technology by 2025, led by the US with an adoption rate of 49%. However, Kuwait has frequently punched above its weight in the adoption of telecoms technology and enjoys some of the world’s highest mobile penetration rates. In line with its...

 

In what ways is the country developing and applying the smart city concept?

 

The government’s New Kuwait 2035 strategy has signalled ICT development as a key pillar that is expected to attract investment and boost the local economy. While government data does not collate information for the broader ICT sector, it does show the contribution of the telecoms sector to GDP. In 2016 telecoms accounted for 7.7% of non-oil...

As hydrocarbons forms the backbone of Kuwait’s economy, the resurgence in global commodity markets bodes well for the future and has led to a renewed sense of optimism. The recovering market is also supporting the government’s diversification efforts under the auspices of the Kuwait National Development Plan, or New Kuwait.

Tech businesses are expected to be among the beneficiaries of several new initiatives being rolled out in Kuwait targeting start-ups and e-government expansion.

 

Characterised by high penetration rates, early adoption of new technology and healthy average revenue per user (ARPU), the Kuwait telecommunications sector is a small but profitable market in which three major regional providers compete. Faced with the erosion of traditional voice and text revenue streams, all three companies are focusing on...