Under the auspices of HE Omar Al Omar, Minister of Telecommunication, NEXUS will be held on December 5-7, 2024 at the Kuwait Arena and the Grand Hyatt. Nexus is a unique and long awaited event in Kuwait. It aims to put Kuwait on the regional map for technology and innovation. Nexus has 4 main components: 1. The Exhibition – over 60 companies featuring their innovation and technology. 2.…
On recent tax developments, technological advancements, and environmental, social and governance integration How have recent regional developments in tax regulations influenced the management landscape in the GCC? RASHEED AL-QENAE: The tax regime in the region has evolved considerably over the last few years. This evolution includes the implementation of value-added tax in early 2018 in…
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…
