Kuwait: Economic Snapshot 2024
Click here to read our Kuwait Economic Report and Investment Analysis 2024 online …
Click here to read our Kuwait Economic Report and Investment Analysis 2024 online …
Interview:David Walker, Partner, ASAR Legal What are the legal considerations and challenges facing mergers and acquisitions (M&A) in Kuwait? DAVID WALKER: Organisations engaging in M&A in Kuwait need to be particularly mindful of, among other things, foreign ownership restrictions and Competition Law considerations. There is a general requirement that at least 51% of a company’s…
Interview: Omar Alomar, Chairman and CEO, Communication and Information Technology Regulatory Authority Where do you identify challenges and opportunities to boost productivity, transparency, service quality and efficiency through digital solutions? OMAR ALOMAR: Digitalisation has the potential to streamline processes, and increase transparency and efficiency. Adopting digital platforms can notably…
Interview: Maziad Alharbi, CEO, stc Kuwait In what ways are changing consumer demands and technological advancements shaping the industry? MAZIAD ALHARBI: The Covid-19 pandemic accelerated the technological revolution and prompted a shift towards digitalisation and digital transformation. This in turn created opportunities and cost-efficient strategies for businesses, driving the transition from physical…
Interview: Ahmad Nasrallah, CEO, Dar Al Shifa Hospital To what extent is Afya contributing to the growth and resilience of private health care? AHMAD NASRALLAH: The Afya insurance policy for retirees has been pivotal to the growth and resilience of private health care in Kuwait. The Ministry of Health (MoH) initiated this innovative programme to contract private care services to an insurance company…
Interview:Khaled Al Mashaan, Vice-Chairman and CEO, ALARGAN Group What role do green building practices play in the development of urban areas in Kuwait? KHALED AL MASHAAN: Facing unique environmental challenges, Kuwait stands to benefit significantly from the adoption of green building practices. By integrating energy-efficient solutions, such as advanced insulation materials, high-performance…
Interview:Dheeraj Bhardwaj, Group CEO, City Group How is investment in infrastructure impacting overall road capacity and efficiency? DHEERAJ BHARDWAJ: Investment in road infrastructure is playing a significant role in transforming Kuwait’s transport network. By focusing on the modernisation of existing roads and the development of new infrastructure, the country can directly address…
Interview: Alex Krunic What efforts have been made to enhance investors’ access to Kuwait’s financial markets? ALEX KRUNIC: To attract foreign direct investment into any emerging market, it is essential to raise standards to international levels. This involves providing the same degree of legal certainty for international investors as domestic ones. Additionally, creating a stable financial market…
Interview:Mohammad Saud Al Osaimi Which new developments are helping enhance capital markets’ product and service offerings? MOHAMMAD SAUD AL OSAIMI: Since its inception, Boursa Kuwait has been dedicated to elevating Kuwaiti capital markets by introducing products and services that not only cater to the needs of local investors, but also establish a reliable trading platform for investors…
Interview:Mohammad Al Otaibi How will recent regulations related to the new insurance law reshape the market going forwards? MOHAMMAD AL OTAIBI: The insurance sector in Kuwait is poised for transformation, driven by executive regulations under the new insurance law. These are set to significantly reshape the market by enhancing operational frameworks, fostering market competitiveness and boosting…