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Our national march, which urges the pursuit of comprehensive sustainable development, is confronted by external dangers and difficult internal challenges.


As a member of both the Organisation of the Petroleum Exporting Countries (OPEC) and the GCC, Kuwait has various strategic ties. Additionally, the country is arguably the most politically dynamic in the Gulf, which has afforded it strong foundations to help tackle recent issues regarding parliamentary elections and accountability.

Chapter | Transport & Logistics from The Report: Kuwait 2018

With major new development projects under way across all transport sectors, Kuwait is pouring billions of dinars into transforming its roads, ports and airports. The country’s medium-term objective is to capitalise on its strategic location in order to become the northern nexus of the Gulf, facilitating and profiting from flows of international trade across the region for decades to come. In...

Chapter | Insurance from The Report: Kuwait 2018

In 2017 and early 2018 Kuwait’s insurance sector enjoyed growth on the strength of steadily rising premium, regulatory tweaks and forays by individual underwriters into a number of new market segments. Nonetheless, according to many stakeholders, the obsolescence of the country’s insurance law remains a major hurdle to the sector’s future growth. Various iterations of a new insurance law have...

Chapter | Islamic Financial Services from The Report: Kuwait 2018

Over the course of 2017-18 Kuwait’s Islamic financial services (IFS) industry saw continued growth and ongoing development, shoring up the country’s long-standing reputation as a global centre for sharia-compliant banking, insurance and investment activities. Global IFS assets topped $2trn for the first time in 2017, with Kuwait accounting for 6% of these assets, having an estimated value of $...

Chapter | Capital Markets from The Report: Kuwait 2018

The Kuwait stock market is undergoing a series of changes, which have the potential to trigger transformations in the market’s daily operations and long-term prospects. This commenced in 2016, with private operator Boursa Kuwait taking over operations of the publicly owned bourse, then known as the Kuwait Stock Exchange. In mid-February 2018 the Capital Markets Authority (CMA) announced it had...

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