Kuwait is currently undergoing a major revamp of its transport and logistics networks, which are set to see a transformation. New roads, railways, airports and ports...
With the sixth-largest proven oil reserves in the world, and an industry that dates back to the early days of oil and gas dominance in energy, Kuwait is among the world’s principal hydrocarbons powers. Yet, given the lower oil prices seen in global markets in recent years, initiatives outlined in the New Kuwait 2035 development plan come at a critical time in terms of enhancing the state’s competitiveness as a destination for foreign direct investment.
Following delays, the long-awaited GCC Railway looks likely to be revitalised, a move that could transform trade and connectivity across the Gulf.
In the wake of a period of severe disruption to global trade, Gulf shipping and logistics companies are adapting to government efforts to boost self-sufficiency in the region, while also investing in corporate digital solutions to improve communication with stakeholders, and predict and mitigate challenges along the supply chain.
As countries within the Gulf begin a gradual easing of Covid-19-related movement restrictions, the revival of the region’s aviation sector has come into focus. Effective recovery strategies will rely on reassuring passengers that sufficient health and the safety measures are in place.
In what ways is KAFCO deploying its capital investments to keep pace with the growth of the Kuwaiti aviation industry?
Kuwait has historically been an important location for regional trade, although in recent years the country has seen more conflict than trade with its neighbours. However, relations are beginning to improve, which has had major implications for transport and logistics. Kuwait is planning to construct a new urban centre, Madinat Al Hareer – or...
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