Kuwait is a constitutional sovereign state situated in the north-western corner of the Gulf, bordered by Iraq and Saudi Arabia. As a founding member of both the Organisation of the Petroleum Exporting Countries (OPEC) and the GCC, Kuwait has forged a number of strategic relationships throughout its history. Despite the rising geopolitical...
With both economic diversification plans under way across the region, GCC states are seeking to bolster international trade relations and draw in foreign investment. Regional governments have found a willing partner in China, which is seeking to expand its trade and investment presence on the Eurasian continent, as demonstrated by its Belt and...
Two major transactions were under way in Kuwait’s financial sector in mid-2019. First, KAMCO Investment Company, the investment banking subsidiary of Kuwaiti conglomerate KIPCO, was merging with Global Investment House (GIH), another local investment firm. Second, Kuwait Finance House (KFH), the country’s largest Islamic bank, was looking to...
The reforms that have been carried out by the authorities to develop Kuwait’s market have been recognised by the international investor community via inclusions in influential emerging market indices. This should be of considerable benefit to the market, encouraging professionalisation and driving performance.
Kuwait’s equity markets have gone through a remarkable series of reforms in recent years, which have been rewarded with upgrades by international index compilers and ballooning inflows of foreign investment. Enabling infrastructure and a robust legal framework are in place to ensure the markets’ continued development, and demand for assets has...
Awqaf & Islamic Affairs 2248 7225 www.islam.gov.kw Commerce & Industry 2248 0000 www.moci.gov.kw Communications 2481 9033 www.moc.gov.kw Defence 2484 8300 www.mod.gov.kw Education 2484 8586 www.moe.edu.kw Electricity & Water 2537 1000 www.mew.gov.kw Finance 2248 0000 www.mof.gov.kw Foreign Affairs 2222 5555 www.mofa.gov.kw Health...
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