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Chapter | Legal Framework from The Report: Kuwait 2018

This chapter contains an overview of the legal framework in which local and international investors operate in Kuwait, including a look at the incentives available for qualifying overseas investors and the changes to intellectual property protection framework. This chapter contains a viewpoint Alex Saleh, Partner, Al Tamimi & Co.

Report | The Report: Kuwait 2018

As hydrocarbons forms the backbone of Kuwait’s economy, the resurgence in global commodity markets bodes well for the future and has led to a renewed sense of optimism. The recovering market is also supporting the government’s diversification efforts under the auspices of the Kuwait National Development Plan, or New Kuwait.

Chapter | Legal Framework 2 from The Report: Djibouti 2018

This chapter introduces the reader to the different aspects of the legal system in Djibouti, in partnership with Cabinet Guérinot. It also contains a viewpoint with Melanie Guérinot, Lawyer and Managing Director, Cabinet Guérinot.

Chapter | ICT from The Report: Djibouti 2018

Although the ICT sector remains largely dominated by the state-run operator, it has nonetheless received sustained investment in mobile networks, submarine cable connections and infrastructural upgrades. This, combined with government efforts to bolster the role of ICT in development plans, provides multiple investment opportunities in the industry. Challenges surrounding coverage in rural areas and high internet connection costs remain; however, it could benefit Djibouti to create a competitive marketplace for service provision, which in turn would lead to more competitive prices and the achievement of sector’s full potential. This chapter contains an interview Mohamed Assoweh, CEO, Djibouti Telecom.

Chapter | Industry & Retail from The Report: Djibouti 2018

Economic activity in the country is dominated by the tertiary sector – representing roughly 80% of GDP – while the primary sector remains underdeveloped due to an unfavourable natural climate and geography. However, while industry accounts for less than one-fifth of GDP, investment in free trade zones and port facilities is expected to lead to more robust growth in the sector in the coming years. Foreign investment, mainly from China, will help expand Djibouti’s redistribution capacity, as will continued partnership with Ethiopia. Over time, these facilities will provide opportunities for increased manufacturing and contribute to economic diversification. As Djibouti’s economy evolves and the number of modern shopping outlets grows, grocers and the distribution channels that supply them have proven to be key drivers of the country’s retail industry. This chapter contains an interview with Youssef Dawaleh, President, Chamber of Commerce of Djibouti.

Chapter | Construction & Real Estate from The Report: Djibouti 2018

Large investment volumes have been stimulating construction activity, notably in port expansions, road development and the establishment of new power stations. These projects are expected to drive growth in both the sector and the overall economy. In addition, the need to improve living conditions for the country’s population is providing motivation for a range of urban projects. Hence, the authorities have sought to overhaul the country’s real estate sector. Over recent years the lion’s share of investment has flowed into critical infrastructure development. These projects are necessary for the consolidation of the country’s position as an international logistics centre. However, investment in new housing, as well as the upgrade of existing housing stock, is also vital for long-term development. This chapter contains an interview with Amina Abdi Aden, Delegate Minister of Housing.