Kuwait: 25 Year Plan for Education
Kuwait’s 25 year plan for education has been slow to start.
imported 2024-03-17 17:43:07
Kuwait’s 25 year plan for education has been slow to start.
Dr. Thompson, President of American University of Kuwait (AUK), provides interesting insights into education sector in Kuwait. He believes that Kuwait is on a right track to reform its education system.
American University of Kuwait (AUK) is one of the few institutions providing education based on the liberal arts model in Kuwait.
Main problems for Kuwait’s industrial development is the difficult access to land and gas, red tape and long procedures to issue licenses.
There are numerous ways to enter Kuwaiti market. KFIB is one of the options. The foreign investors can enter into a JV with a local partner, they can follow a standard procedure with the ministry of industry, choose an opportunity with the offset program or participate in a PPP.
According to a report by NBK Capital, “basic level of FDI over the last decade—a mere $313 million a year on average—is by far the lowest in the GCC (GCC average is $44 billion per annum) and among the lowest in the wider MENA region.” Full report click here.
The strategy is to focus on KAMCO’s core business lines such as asset management and investment banking and at the same time capitalize on the rising growth opportunities in the GCC and China. Sadoun A. Ali, Chief Executive Officer of KAMCO, admits that “those 2 areas (China and the GCC) show healthy growth and KAMCO is looking for ways and products to tap into those markets.”
The investment banks, asset managers and investment companies in Kuwait have been hit by the 2008 global financial crisis.
The investment banks, asset managers and investment companies in Kuwait have been hit by the 2008 global financial crisis.
Sadoun A. Ali, Chief Executive of KAMCO, a leading asset manager and investment banking company sees capital markets in Kuwait to remain stable in 2012.