IT service sales are poised to undergo significant growth, driven in part by rapid uptake of cloud computing technology. As companies look to modernise and cut costs by consolidating and streamlining IT operations, cloud computing has become one of the largest demand drivers in the IT services segment. Cloud computing in Kuwait has grown in...
Already a regional leader in 4G LTE development, Kuwait will soon see even more sophisticated service offerings as telecoms operators move to establish LTE-Advanced (LTE-A) networks. Offering twice the speed of existing LTE networks and superior connectivity, LTE-A is set to become a significant growth generator in Kuwait’s already-mature...
As the first GCC nation to break its single-operator monopoly, Kuwait’s telecommunications industry has evolved over the past 15 years into one of the region’s most mature, competitive and technologically advanced. The private sector has invested heavily in the latest mobile technology, including 4G LTE, and LTE-Advanced (LTE-A), with these services moving to replace the state’s dwindling...
Kuwait accounts for approximately 6.1% of the world’s proven oil reserves, with hydrocarbons revenues comprising more than 65% of the country’s GDP and 95% of total exports in 2013. Cautious budgetary decisions have resulted in large surpluses, creating a solid base for public expenditure programmes such as the National Development Plan, which is set to diversify the economy and boost employment.
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