Trade & Investment
From The Report: Kuwait 2024
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Kuwait’s government is actively seeking sizeable private and international investment in its economic diversification and privatisation drive, having made significant amendments to the country’s investment laws. A strong hydrocarbons sector feeds downstream industry, providing readily available feedstock and significant incentives for private investors to enter the country’s industrial markets. In recent years, a political impasse has impeded progress, a trend exemplified in February 2024 by the emir’s dissolution of Parliament. The creation of a more business-friendly political environment could significantly benefit the country, and in such a scenario regulatory changes are poised to contribute positively, fostering increased investment inflows and supporting a robust balance of trade.

This chapter contains an interview with Sheikh Meshaal Jaber Al Sabah, Director-General of the Kuwait Direct Investment Promotion Authority.

Articles from this Chapter

Overview

Unlocking opportunities: Economic transformation and regulatory adjustments pave the way for Kuwait’s investment objectives
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Kuwait’s government is actively seeking sizeable private and international investment in its economic diversification and privatisation drive. Therefore, it has made significant amendments to the country’s investment laws, a process which gathered pace around 2010. A strong hydrocarbons sector feeds downstream industry, providing readily available feedstock and significant incentives for private investors to enter the country’s industrial markets. In recent years, a political impasse has impeded…

Interview

Clear targets: Sheikh Meshaal Jaber Al Sabah, Director-General, Kuwait Direct Investment Promotion Authority (KDIPA), on encouraging skill and technology transfer through investment
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Interview:Sheikh Meshaal Jaber Al Sabah, Director-General, Kuwait Direct Investment Promotion Authority (KDIPA) To what extent is foreign direct investment (FDI) integral to Kuwait’s strategy for realising its domestic objectives and international commitments? SHEIKH MESHAAL JABER AL SABAH: It is a well-established fact that the economic, social and environmental impact of FDI plays a pivotal role in domestic investment by stimulating growth. For Kuwait, it serves as a conducive medium…

Analysis

At the source: Ensuring food supply is proving a promising area for investment
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Countries in MENA have been intensifying efforts to increase their food security, withRussia’s invasion of Ukraine the most recent geopolitical event to underlinethe fragility of global supply chains, as well as the importance of boosting domestic agricultural output. Together, Russia and Ukraine account for some 29% of the world’s wheat supply, pointing to thesignificant risk in terms of both availability and price to major grain-importing countries. Egypt is the world’s…