Kuwait Banking: Non-Performing Loans in Kuwait 2012
Michel Accad, CEO of Gulf Banks talks about non-performing loans in Kuwait’s Banking sector.
imported 2024-03-17 17:43:07
Michel Accad, CEO of Gulf Banks talks about non-performing loans in Kuwait’s Banking sector.
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.
Interview with Bader Al Humaidhi, Former Minister of Finance of KuwaitAccording to Mr. Al Humaidhi, the current situation in Kuwait is not very prosperous. Also, his outlook for the government and economy of Kuwait is not very positive. Is Kuwait awaiting difficult times?
The top 10 list of the largest companies in Kuwait is compiled and updated by the MarcoPolis research team. The list is topped by Kuwait Finance House (KFH), Zain Group, Agility and Gulf Bank, ranked #1, #2, #3 and #4 respectively, in Forbes’ Top 100 Companies in the Middle East for 2021.
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
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.
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.
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.
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%)
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.