List of all articles filed under “kuwait-politics” category.
“The majority of our tourists are from the GCC countries. Our top market is Saudi Arabia, followed by Qatar, UAE, Bahrain, and Oman. Tourists from these countries are mainly families coming to Kuwait to visit friends and family,” says Faisal Al-Duraie, Director of Research & Tourism Information at the Ministry of Information – Tourism Sector.
“With the vision of His Highness the Emir, quite a long time ago Kuwait started to pay a lot of attention to the youth and tried to help them get on the path to be a positive power in society instead of a destructive power in society. Mainly through the Amiri Diwan, we started to be catalysts for many projects.”
“I have a friend who is a specialist in oil, he said to me “if you ask me tomorrow what would be the price of oil, I would not judge it”. In the past, if you remember, the oil prices in a week or even a month could go up or down by 50 cents or maximum by a US dollar, but now they can drop or rise by one US dollar or by three,” says Bader Al Humaidhi, Former Minister of Finance.
“Corruption is rife, Kuwait jumped up 20 places in the ranking for corruption. Unfortunately up to now, democracy has not been helping the development of Kuwait as it used to in the 60s, 70s and partially in the 80s.”
Fouad M.T. Alghanim, Chairman and CEO of Fouad Alghanim and Sons Group talks about the importance and outlook on the relationship between Kuwait and Europe.
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks about the price of oil and Kuwait’s economy.
Actually it’s a very crucial time for all the oil exporting countries, but mainly for my country Kuwait. As you quite rightly said, I was talking about the subject even when I was the Minister of Finance in 2006/2007. I was worrying about the point at which the oil prices would drop. A drop which is out of our hands and that’s what is happening now. Gentlemen, last night I was even checking with the Minister of Oil of Kuwait and I was also checking with one of our oil experts about the price of our oil at close of day on Friday. It is 54. 54, six months ago it was 100. So what does that mean for our budget?
Media and press freedom in Kuwait can’t be compared to the one of Europe or USA. Arabic/Muslim society has its traditions and habits which can’t be avoided.
Ahmed Al-Jarallah, Editor-in-Chief of Arab Times argues that Kuwait’s political system is slowing down the economic growth of Kuwait.
Arab Spring is both an opportunity and a threat according to Ahmed Al-Jarallah.
