This section includes information about Kuwait’s history, geography, culture, religion, population, education sector, language, natural resources and climate.
Kuwait
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Chapter | Country Profile from The Report: Kuwait 2012
Nestled between Iraq and Saudi Arabia in the northwest corner of the Gulf, Kuwait has been a leader of Arab democracy and one of the most liberal nations within the GCC since the country gained independence in 1961. Economically, the country also has a bright future, with strong public finances, a young and well-educated population and vast oil deposits.
Economic update | Kuwait: Ending economic uncertainty
28 Feb 2012
Hopes are rising that January’s elections will end a period of economic uncertainty and allow the newly elected government to focus on increasing levels of foreign direct investment (FDI). Concern was mounting that Kuwait risked falling behind its regional rivals in attracting investment and diversifying its economy, despite surging oil revenues and solid growth last year.
Economic update | Kuwait: A healthy prognosis
14 Feb 2012
Development of the health care sector remains a priority for Kuwait, with the government recently signing two agreements with foreign educational institutions that aim to improve training for the country’s medical professionals. While the goal of this type of international collaboration is to enhance the skills of local physicians who work at state-run facilities, the government is also taking steps to create private investment opportunities in health care.
Economic update | Kuwait: Increasing output
30 Jan 2012
Oil production in Kuwait continues to increase, having reached 3m barrels per day (bpd) as of early December. Output could expand further in the longer run, according to officials from the Kuwait Oil Company (KOC), which recently said that it would be necessary to tap into the country’s heavy oil reserves to reach its 4m bpd capacity goal by 2020. At the same time, the country is also looking abroad for additional energy sources.
Economic update | Kuwait: Year in Review 2011
13 Jan 2012
Kuwait can look back on 2011 as a year characterised by higher than expected oil revenues and developmental progress despite domestic political wrangling and turmoil in the global market.