The economy of Kuwait has long been underpinned by the production and export of crude oil. Although the rise in energy prices in 2021-22 boosted government revenue and macroeconomic stability, the Covid-19 pandemic, which preceded the commodity price boom, underscored the risk of over-reliance on an industry subject to fluctuating global demand. This has created fresh impetus for economic diversification, with robust public finances providing a strong platform to...
What are the primary forces driving demand for ICT solutions in the Kuwaiti private sector?
Kuwait is stepping up efforts to strengthen its cybersecurity credentials, amid ongoing threats to its digital services.
In June 2019 Zain Kuwait launched the country’s first fully integrated 5G mobile internet service. Speaking at the launch, Nawaf Al Gharabally, chief technology officer at Zain, told local press that telecommunications services are key to accelerating economic growth and boosting trade. “Obviously, existing mobile networks will not be able to...
More and more commercial transactions are moving online and the so-called digital economy continues to expand its reach into every facet of the traditional analogue economy. For businesses this means they have access to new channels to reach existing clients as well as new opportunities to expand market share with a competitive digital...
How is the government encouraging Kuwait’s digital transformation, and what benefits can citizens expect to see from these efforts?
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