Demand for Loans and Loan Loss Provisions in Kuwait 2012
Most banks in Kuwait have increased their loan loss provisions, whether general or specific. Gulf Bank is 100% covered.
Kuwait Banking: Non-Performing Loans in Kuwait 2012
Michel Accad, CEO of Gulf Banks talks about non-performing loans in Kuwait’s Banking sector.
Kuwait Investment Sector to Further Suffer in 2012
Interview with Faisal Ali Al-Mutawa, Chairman and Managing Director of Bayan Investment Company. Mr. Al-Mutawa offers his views on the Kuwait investment sector and the overall investment climate in Kuwait. Unfortunately, his comments are more negative than positive and so are the forecasts about the investment sector in Kuwait.
High Quality Healthcare in Kuwait
Interview with Dr. Tareq Al Mukhaizeem, Chairman and Managing Director of Al Salam International Hospital. Dr. Al Mukhaizeem talks about the needed changes in the regulations of the healthcare system in Kuwait. Healthcare system and services in Kuwait are of high quality. Al Salam International Hospital is a leader in excellence and a provider of high quality healthcare in Kuwait.
Real Estate and Construction Sector in Kuwait
Interview with Eng. Rawaf I. Bourisli, General Manager of Action Real Estate Company. Eng. Bourisli is stating his outlook for both the real estate sector and construction sector in Kuwait. Though the real estate sector has not been affected that much Action Real Estate Company is going to concentrate on GCC region and Australia only.
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Al Ahli Bank of Kuwait
Interview with Abdullah Al Sumait, Deputy CEO of Al Ahli Bank of Kuwait (ABK). Al Ahli Bank of Kuwait is considered to be rather a conservative bank. With other two branches in the UAE, Al Ahli Bank of Kuwait is financing many projects of Kuwaiti and also Emirati companies. Al Ahli Bank of Kuwait will be opening new retail branches during 2012.
Industrial Companies in Kuwait | List of Top 10 Industry Companies
The list will inlude the list of major non-petrochemical industrial companies in Kuwait. The industry in Kuwait is dominated by the petrochemical industry (for the list of petrochemical industry companies follow the link).
According to NBK Capital the industrial sector’s share of Kuwait’s total GDP remains small, at under 10%. The break up of the sector is (Refining industry 27%, Construction Industry 21%, Manufacturing Industry 22% and Chemicals 10%)
Top Construction Companies | Top 10 Contractors in Kuwait
View the top Construction Companies and Top Contracting Companies in Kuwait. Kuwait’s construction industry is expected to grow by 2.5 percent in 2011 to be worth $2.4bn, according to latest data released by Business
Retail Companies in Kuwait | 5 Largest Retailers in Kuwait
View the top Retail Companies in Kuwait. According to BMI Kuwait’s nominal GDP is predicted to be US$159.3bn in 2011, with 2010’s growth rate of 1.9% expected to increase to 3.4% as the economy continues its recovery. Average annual GDP growth of 3.9% is forecasted between 2011 and 2015. With the population estimated to rise from 2.9mn in 2011 to 3.2mn by the end of the forecast period, GDP per capita is predicted to grow 12.6% to US$61,283 by 2015. This development should have positive effect on the retail sector in Kuwait.
Hospitals in Kuwait | 5 Largest Hospitals in Kuwait
In addition to that there are 13 private hospitals with the capacity of 964 beds (6 of which contain over 100 beds, and 7 of which contain less than 100 beds). Kuwait has only 19 beds per 10000 people compared to 39 in the UK. in March 2011, the government officially launched the Kuwait Health Assurance Company (KHAC). View the largest hospitals in Kuwait.
The public sector is the largest provider of Healthcare in Kuwait and constitutes around 90% of the market in number of beds and services. The trend to shift the services from the public sector to the private, in the areas where the pubic is not efficient enough (plastic surgery).