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Economic Update | Kuwait Year in Review 2016

24 Jan 2017
Kuwait economy
With state revenues significantly impacted by lower global oil prices, the Kuwaiti government has intensified efforts to enact reforms aimed at increasing foreign investment, supporting economic...

Economic Update | Kuwait to invite proposals on a number of PPP projects

30 Dec 2016
Kuwait investment
The government of Kuwait is continuing its drive to encourage private sector investments, having recently announced plans to invite proposals on several large-scale, public-private partnership (PPP)...

Economic Update | Kuwait aims to broaden economy through industry

23 Nov 2016
Kuwait industry
The government of Kuwait is hoping to diversify the economy through industrial expansion, targeting double-digit growth on the back of its petrochemicals and plastics segments.

Economic Update | Consumer credit drives growth in Kuwait’s banking sector

25 Oct 2016
Kuwait banking
Kuwait’s banking sector remained stable last year despite growth easing from double-digit levels in 2013 and 2014, according to the most recent Financial Stability Report released by the Central Bank...

Economic Update | Kuwait’s drive toward fuel subsidy rationalisation

20 Sep 2016
Kuwait fuel
The government’s recent decision to make cuts to Kuwait’s petrol subsidy system is expected to boost state coffers amid low global oil prices, despite some push-back from organised labour.

Economic Update | Kuwait follows through with SME investment

23 Aug 2016
Kuwait SME
With low oil prices continuing to take their toll on the Kuwaiti economy, the government is hoping investment in the small and medium-sized enterprise (SME) sector begins to pay dividends.