Kuwait is stepping up efforts to strengthen its cybersecurity credentials, amid ongoing threats to its digital services.
Kuwait
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Economic update | Can Kuwait and Saudi Arabia unlock oil production in the neutral zone?
29 Aug 2019
Kuwait has moved to further expand its energy sector, after officials resumed talks with their Saudi Arabian counterparts on oil production in the Partitioned Neutral Zone (PNZ).
Economic update | The entertainment and leisure developments driving Kuwait’s real estate expansion
28 Jun 2019
Kuwait has continued the expansion and diversification of its real estate sector, with progress being made on a series of new mixed-use and entertainment-focused developments.
Buoyed by steady economic expansion, Kuwait’s retail sector is expected to see solid growth in the second half of 2019 and beyond, though fluctuating consumer sentiment and policy changes could weigh on turnover.
An ongoing round of mergers and acquisitions (M&A) in Kuwait’s financial services sector is set to create two banking and asset-management powerhouses, with market consolidation having the potential to spur additional tie-ups.
A group of domestic and international investors have acquired a 44% stake in Boursa Kuwait, the country’s stock exchange, with plans in the offing to launch an initial public offering (IPO) for the remaining shares.