Kuwait

As the country’s demand for electricity continues to grow, expanding domestic power generating capacity is an increasingly important issue. While the government has worked to add capacity in recent years – notably, the first phase of the 2000-MW Sabiya power station came on-line in 2011 – more will need to be done to avoid any potential shortfalls...

While many members of the GCC have announced high-profile renewable energy projects in recent years, Kuwait has taken comparatively little action to diversify its energy base so far. Its domestic reserves of oil and natural gas could in theory power the country for the next several hundred years. Existing renewable energy technologies are expensive...

For years the availability of cheap and abundant oil has meant that the development of the country’s natural gas reserves has only recently come to the fore. However, growing demand for power and water generation, environmental concerns, advances in technology and the rising price of oil have combined to make the extraction and processing of this...

The regularity with which the Kuwaiti government has issued bonds over the past decade has driven aggregate bond growth – sovereign and corporate – and helped to establish the country as a leading issuer of bonds’ sharia-compliant equivalents, sukuks. While the global economic crisis has seen a dropoff in bond and sukuk issues across the...

The Kuwait Health Assurance Company (KHAC), a public-private partnership, is set to transform the health care system and create business opportunities for investors. The KHAC was established in 2010 under Ministerial Resolution 586, and the people of Kuwait, the government and a strategic private investor will hold stakes of 50%, 24% and 26%...