Kuwait

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The energy sector is the backbone of Kuwait’s economy, accounting for roughly 90% of both exports and government revenue. Ambitious mega-projects led by state-owned companies responsible for the extraction, processing and marketing of oil and gas also drive the non-oil economy by supporting tens of thousands of jobs in engineering,...

 

The decision to invest $500bn in Kuwait’s energy sector by 2040 is part of the government’s drive to pursue significant increases in hydrocarbons production. Long-term goals include boosting domestic refinery throughput to 2m barrels per day (bpd) by 2035, and increasing crude oil production and non-associated natural gas output to 4.75m bpd...

 

In August 2016 Kuwait’s Supreme Council for Planning and Development announced plans to invest KD4.75bn ($15.8bn) in its 2017-18 development plan, roughly one-third of state budget financing. The development plan has several goals, including developing a sustainable and diversified economy, and long-term livelihood for citizens. Specific...

 

Driven by the need to accommodate rising enrolment and government efforts to address long-standing issues in public education, the education sector in Kuwait is undergoing significant reform in 2017. The main challenges include a shortage of skilled teachers, relatively low tertiary enrolment rates and the quality of education standards.

 

ETIQUETTE: It is customary to exchange handshakes when introducing yourself; however, it is important to allow members of the opposite sex to extend their hand to initiate the handshake. It is also not uncommon to see men greet each other with kisses on both cheeks. The dress code during business...

Articles & Analysis | Kuwait Hotel Listings from The Report: Kuwait 2017

 

JW MARRIOTT KUWAIT Al Shuhada Street, Safat T: +965 2245 5550 F: +965 2245 1889 www.jwmarriottkuwaithotel.com Rooms: 240 rooms and 73 suites. Business & Conference Facilities: 4 meeting rooms, 2 ballrooms, executive lounge and business centre. Health & Leisure Facilities: Health club, spa and indoor pool. Guest Services: Valet parking...

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