Two of Kuwait’s largest developments are being built on islands – one with a history of habitation that stretched back to 2000 BC and the other on a challenging landscape that has long been viewed as unsuitable for settlement. While both are significant in scale, the approach of the government to the development of each is quite distinct.
How can Kuwait improve the marketability of its petroleum products given increased competition from other countries in the region?
While Kuwait’s economy showed a high degree of resilience in the face of the global economic crisis, its real estate sector – particularly the more vulnerable commercial segment – did not escape unscathed. However, the market by 2012 proved itself to be in the early stages of a sustained recovery, while legislation has helped the sector regain much...
The headline statistic of the World Economic Forum’s (WEF’s) annual “Global Information Technology Report” for 2012 brought good news for Kuwait: the country jumped 13 places above its 2011 position to reach a ranking of 62nd out of 144 on the IT Networked Readiness Index, which assesses economies on their IT usage, acceptance and efficiency. The...
Increasing both oil and gas production are central elements of Kuwait’s national development strategy. The former provides the bulk of the revenue on which the nation’s economic expansion has been based while the latter provides much of the nation’s electricity. Both represent potential feedstocks for the downstream industrial processes by which...
The climatological argument for the introduction of solar technology to Kuwait has long been established: the Middle East enjoys some of the most favourable solar radiation rates in the world, particularly between March and October, and within the region Kuwait’s solar radiation peak of 8000 Wh per sq metre (Wh/m2) places it at the top of the list...
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