Kuwait’s Economy: Outlook 2012, GDP, Inflation, Current Accounts & Monetary Policy
The Kuwaiti economy is over-dependent on oil and gas sector and lacks diversification in the non-oil sectors.
List of all articles filed under “kuwait-topics” category.
The Kuwaiti economy is over-dependent on oil and gas sector and lacks diversification in the non-oil sectors.
Interview with Faisal Hasan, Senior Vice President and Head of Research and Publications of Global Investment House. Detailed assessment of the Kuwaiti economy for 2012 by the Global Investment House Head of Research. Mr. Hasan talks also about the growth in Kuwait, badly needed diversification of the economy and much more.
Interview with Adel M. Al Roumi, President of Partnerships Technical Bureau Kuwait (PTB). Partnerships Technical Bureau in Kuwait is a public sector body responsible for the implementation of new projects in Kuwait – Public Private Partnership projects – which have a common goal: to boost the Kuwaiti economy. These projects cover many areas including transportation, energy or telecommunications.
In 2012, the Kuwait banks are cleaning up their balance sheets as a response to the consequences of the financial crisis of 2008/09 that is most likely going to continue throughout 2012.
According to the independent rating agency, Capital Standards, “There are a total of 100 investment companies operating in Kuwait, with 54 operating within the confines of the Islamic Sharia provisions and the rest operating as conventional investment companies.”
Interview with Ahmed Al Jarallah, Chairman & Editor-in-Chief Arab Times. What are they doing in Egypt right now? Egypt used to be a very strong country of the Arab world – had a strong army, a large population of 90 million people, lots of chances to invest…
Kuwait’s oil and gas sector is one of the hardest to enter. Nonetheless, there are numerous ways for small and medium enterprises in the oil and gas services sector to capitalize on the opportunities in the sector. The companies can either enter into a JV, they can use an agency or service contract. Walid Al-Hashash, Chairman of AREF Energy explains, how the small and medium enterprises can enter Kuwait.
The Kuwait Fund for Arab Economic Development, known as the Kuwait Fund, celebrated recently its 50th anniversary. But according to its General Director Abdulwahab Al-Bader, the Fund’s journey in helping the most in need is far from over.
Kuwait’s national budget relies 95 percent on oil revenues, but the public and the private sector join forces to push for more diversification.
Slightly, but not seriously hit by the Arab Spring, Kuwait has managed to prove again that it is able to tackle challenges, despite remaining headwinds.