Plummeting oil prices have brought renewed calls for Kuwait to deepen its focus on diversifying its economy and reducing hydrocarbon dependency.
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Economic Update | Kuwait targets subsidy reforms
17 Nov 2014
Economic Update | Kuwait suspends offset programme in investment drive
3 Nov 2014
The decision to temporarily halt and revise the Kuwait Offset Programme (KOP), before reintroducing it next year, is widely seen as a sign of the government’s commitment to enhancing the business...
Economic Update | New schools to meet growing demand in Kuwait
22 Sep 2014
A growing population and crowded public school system have led Kuwait to move forward on a host of investments in education. The government recently launched tenders for a series of primary and...
Economic Update | Kuwait builds momentum in construction
13 Aug 2014
Kuwait is seeing significant activity in its construction sector this year, with contracts worth $17.5bn already signed or on offer. There are also a number of large-scale projects already underway...
Economic Update | Islamic banking takes hold in Kuwait
7 Aug 2014
An increasing number of Kuwaiti lenders are moving away from traditional banking in a bid to tap into a booming market for Sharia-compliant financial products in the region - a move that could soon...