Rising oil prices helped offset cuts in Kuwait’s energy production in 2017, with infrastructure projects and new taxes laying the foundations for healthy growth this year.
Kuwait
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Economic update | Kuwait: Year In Review 2017
26 Jan 2018
Economic update | State-owned energy company targets increased oil and gas output in Kuwait
6 Dec 2017
A new expansion drive will see Kuwait invest $120bn in hydrocarbons projects through to 2030, with the aim of boosting both upstream and downstream production capacity ahead of an anticipated rise in energy demand.
Economic update | Reforms to Kuwait’s health sector aim to reduce expenditure in face of shifting demographics
25 Oct 2017
As part of the New Kuwait 2035 development strategy unveiled in January, cost-cutting measures have begun to take hold in the health sector.
Tech businesses are expected to be among the beneficiaries of several new initiatives being rolled out in Kuwait targeting start-ups and e-government expansion.
Activity in Kuwait’s capital market picked up in 2017, as authorities accelerated plans to reform the country’s exchange in advance of its planned initial public offering (IPO).
The telecoms sector in Kuwait has maintained steady growth in recent months, with profits rising on the back of robust demand for mobile broadband and data services.