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There were 68 results found for Kuwait and Transport

There were 68 results found.
Analysis

Emerging markets target greater share of electric vehicle production
OBG
plus

With electric vehicles (EVs) set to become more accessible to drivers around the world – and solid growth trends attracting public and private investment – several emerging markets are looking to expand their EV manufacturing capacity. EV uptake is essential to the global energy transition, as transport remains the industry with the highest reliance on fossil fuels, producing an estimated 37% of…

Overview

Kuwait's transport and logistics infrastructure projects unlock economic potential
OBG
plus

The strengthening of Kuwait’s transport and logistics sector is central to the government’s overall diversification drive, as it underpins activity across the economy. Major infrastructure developments are taking place throughout the sector with more in the pipeline, as the relevant authorities and entities work to boost passenger and freight capacities. Some projects have stalled in recent years…

Country Report

The Report: Kuwait 2024
OBG
plus

High global oil prices have enabled Kuwait to maintain a trade surplus despite the domestic political changes observed in recent years, measuring a GDP growth of 8.9% in 2022. Although 2023 saw the country’s GDP contract by 0.6% amid global headwinds, diversification efforts guided by New Kuwait 2035, new infrastructure developments in and beyond the hydrocarbons sector, and a push for privatisa

Overview

Kuwait upgrades transport infrastructure to meet development goals
OBG
plus

Under its overarching economic development plan, New Kuwait 2035, Kuwait’s government is working to strategically harness the country’s location on the Gulf to transform its transport and logistics industries into key contributors to GDP. Several significant upgrades to existing transport infrastructure are at an advanced stage, while a new logistics belt is a key component of the Madinat Al Hareer,…

Interview

Maen Mahmoud Razouqi, CEO, Kuwait Airways: Interview
OBG
plus

Interview:Maen Mahmoud Razouqi How can national carriers in the Gulf capitalise on opportunities stemming from emerging dynamics in the global travel industry? MAEN MAHMOUD RAZOUQI: Although 43 airlines around the world have declared bankruptcy since the Covid-19 pandemic began, the overall outlook for the industry is positive. The industry expects that by 2035 passenger numbers will double from…

Analysis

Kuwait invests in transport infrastructure to enhance global connectivity
OBG
plus

In July 2021 Kuwait Port Authority (KPA) announced plans to establish a series of logistics cities on recently acquired land adjacent to several major ports across the country. The project is expected to be completed by 2025 at an investment of $400m. The proposed cities would be located on a combined area of 1.9m sq metres around Doha Port – with the new facility spanning 270,000 sq metres to the…

Analysis

Transport modernisation projects drive GCC efficiencies
OBG
plus

Following delays, the long-awaited GCC Railway looks likely to be revitalised – a move that could transform trade and connectivity across the Gulf. The initiative was given a significant boost in December 2021 when leaders of the six GCC countries approved the establishment of the GCC Railways Authority, the body that will oversee the coordination of the project. The decision marks a potentially…

Chapter

The Report: Kuwait 2022: Transport & Logistics
OBG
plus

Under its overarching economic development plan, New Kuwait 2035, the government is working to strategically harness the country’s location on the Gulf to transform its transport and logistics industries into key contributors to GDP. Several significant upgrades to existing transport infrastructure are at an advanced stage, while a new logistics belt is a key component of the Madinat Al Hareer, or…

Economic News

How the GCC Railway could revolutionise trade and transport in the Gulf

– Gulf countries have moved to revive the GCC Railway project – The rail link would significantly improve connectivity and trade within the bloc – Saudi Arabia, the UAE and Qatar have all improved transport networks in recent years – It is hoped that the project will give impetus to rail development elsewhere in the bloc Following delays, the long-awaited GCC Railway looks likely to…

Focus Report

Report: Is the Gulf shipping and logistics sector future-ready?

In the wake of a period of severe disruption to global trade, Gulf shipping and logistics companies are adapting to government efforts to boost self-sufficiency in the region, while also investing in corporate digital solutions to improve communication with stakeholders, and predict and mitigate challenges along the supply chain. Looking ahead, shipping and logistics companies face growing sustainability…

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