Special Report: Oil and Gas Sector in Kuwait
Although there is a lot of talk about planning for the “time after oil,” the “black gold”, along with gas, remains the primary source of income for the Kuwaiti government.
imported 2024-03-17 17:43:07
Although there is a lot of talk about planning for the “time after oil,” the “black gold”, along with gas, remains the primary source of income for the Kuwaiti government.
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.
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.
It has become common knowledge that basic health-care is provided free to Kuwaiti citizens. With a total population of 3.5 million people, of which a third are Kuwaiti nationals, the oil-rich Dawlat al-Kuwait, the State of Kuwait, had so far few problems paying for doctor visits.
Although the well-capitalized Kuwaiti banking sector has digested the financial crisis by bringing down the share of non-performing loans (NPLs) and getting back to profits, the political ups and downs as well as the economic (oil) monoculture in the northern Gulf state prevent the sector from achieving its full potential.
Fighting Diabetes is one of the biggest challenges the Gulf healthcare sector has to deal with. The Dasman Diabetes Institute aims to prevent and to mitigate the impact of diabetes in Kuwait.
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.”
As a holiday destination, the norther Gulf state does not make it into dinner conversation about hot-spots like Egypt and Jordan, or “Fly-Buy-Dubai.” Only at a second glance, does Kuwait offer a variety of urban life, Arab culture, desert tourism, and maritime sports.
Few listed stocks in the Gulf have performed since the start of 2012 as well as AREF Energy Holding. The Kuwaiti firm invests in the oil and gas industry only in line with Islamic law (Shari’ah). Marcopolis looks behind the scenes of this exceptional energy company.
Brasília is one of the main economic centers of the Central-western Region, presenting the best quality of life and the most accelerated economic growth in the country. That is due partly to the consolidation process of the productive sector that is, little by little, surpassing the civil service which has long dominated the federative capital of Brazil.