Investment Companies in Kuwait: Long Wait for Economic Reform and Privatization
Investment companies in Kuwait have been waiting for the economic reform and privatization for long time.
Investment companies in Kuwait have been waiting for the economic reform and privatization for long time.
Kuwaiti government owns almost all the oil and related services – production, distribution, refining, and marketing.
Faisal Ali Al-Mutawa, Chairman and Managing Director of Bayan Investment Company, does not believe that the outlook for investment sector in Kuwait will improve in 2012-2013.
Tony Habre started in Lebanon with a bar for 25 people, today his company owns 8 different places. Mr. Habre says that tourism in Lebanon is surviving thanks to the Lebanese, the expatriots and people who are always returning to Lebanon despite the regional conflicts.
Total hospital beds available in Lebanon amount to around 10,000 beds. Eng. Haroun expects 2012 to be a pivotal for health care sector in Lebanon. Also, Lebanon has a huge capacity for healh care tourism. The hospitals in Lebaon can admit up to 200,000 patients per year.
Lebanon is unique when it comes to the internet. It was one of the first countries in the region to have internet back in 1992. Lebanon internet market picked up at a very fast rate and then the growth levelled off. Recently, internet in Lebanon is back on the tracks mostly driven by initiatives from the Ministry of Telecom of Lebanon. There is much more we can still do, says Cedarcom.
As for the Global Innovation Efficiency Index, the Kingdom of Bahrain ranked 17th (after Qatar) in the category Countries with High Income and Economies.
Exclusive interview about the concept of Nowheristan, success of MusicHall, life, war, politics, ideologies, Lebanon, and Lebanese people with Michel Elefteriades.
Exlusive interview with the Governor of Banque du Liban (Central Bank of Lebanon) about the monetary policy and vision for 2012.
The current Lebanese government is trying to disassociate Lebanon from the regional conflicts and bring stability to the coutry in order to foster growth. Either way, Lebanese economy is different from the other economies, therefore it has to be analyzed in a different way. H.E. Nicolas Nahas thinks Lebanon has an interesting potential in long-term export.