Kuwait’s trade and investment profile has long been dominated by oil, with revenue from its vast reserves used to fund overseas investment, generating sustainable long-term returns and safeguarding future prosperity. As Kuwait emerges from the disruption of the Covid-19 pandemic with robust public finances and a new government in place following elections in September 2022, it has an opportunity…
Kuwait’s economy has long been underpinned by the production and export of crude oil. Although the rise in oil prices in 2021-22 boosted government revenue and macroeconomic stability, the Covid-19 pandemic – which preceded the commodity price boom – also underscored the risks of overreliance on an industry subject to fluctuating global demand. This has created fresh impetus for economic diversification,…
Kuwait has rebounded strongly from the disruption of the Covid-19 pandemic, and public finances have been bolstered by elevated oil prices in 2021-22. With one of the most dynamic political systems in the region, the hope is that the executive and legislative branches of Kuwait’s government can work together to advance the policy changes and strategies needed to fulfil the ambitions of the country’s…
The Guide contains listings of accommodation options throughout Kuwait for both business and leisure travellers. Useful information is provided on the latest visa requirements and business etiquette, as well as tips and advice for new and returning visitors.…
On collaborating with the private sector to diversify Saudi Arabia’s economy What are the prospects for greater private sector participation in the economy and the country’s broader economic diversification agenda? ABDULLAH IBRAHIM ALKHORAYEF: As part of Vision 2030, there is a plan in place designed to increase the contribution of the private sector to GDP and diversify the economy away from…
Click here to read our Saudi Arabia Economic Report and Investment Analysis 2022 online …
As the world’s largest oil producer and the only Arab country in the G20, Saudi Arabia is a key geopolitical player on the global stage. Officially established in September 1932, the Kingdom has begun to invest its considerable financial resources into a series of large-scale economic development, diversification and modernisation initiatives in recent years. Saudi Arabia has attracted international…