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Economic Update | New oil finds in Kuwait underscore expansion plans

29 May 2015
Kuwait energy
The discovery of four new oil fields has drawn fresh attention to Kuwait’s long list of expansion projects, as the country aims to raise output by nearly one-third by 2020.

Economic Update | Kuwait homes in on property market

29 Apr 2015
kuwait resi
Last year saw a record high in real estate sales, which surged 18.5% year-on-year (y-o-y) to KD4.3bn ($14.3bn). Sales in the investment segment rose 30% to a value of KD1.8bn ($6.0bn), while...

Economic Update | Kuwait eyes investment surge

18 Mar 2015
Kuwait investment
Long in the offing, a new FDI law, which aims to improve Kuwait’s business climate and reduce obstacles to market entry, is set to play a key role in underpinning investment growth. 

Economic Update | Kuwait’s retailers face uncertain times

20 Feb 2015
kuwait retail
Long established as a destination for major brands, Kuwait has witnessed steady retail expansion in recent years, but falling oil prices and forecasts of a budget deficit risk clouding the outlook...

Economic Update | Kuwait Year in Review 2014

19 Jan 2015
Non-oil growth and higher domestic consumption combined to drive up economic activity in Kuwait in 2014, although plunging world oil prices and relatively flat domestic production look set to weigh...

Economic Update | Kuwait targets subsidy reforms

17 Nov 2014
Kuwait oil
Plummeting oil prices have brought renewed calls for Kuwait to deepen its focus on diversifying its economy and reducing hydrocarbon dependency. 

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