The government in Kuwait is weighing-up measures to rein in spending on subsidies and welfare programmes, responding to concerns that the national budget could slip into deficit by the end of the...
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Economic Update | Kuwait looks to reduce subsidies
24 Feb 2014
Economic Update | Kuwait looks to enhance regional position of ports
12 Feb 2014
Ports in Kuwait have performed well in recent years, supported by a national bid to increase both hydrocarbon exports and non-oil commercial shipping activity. However, while plans to upgrade...
Economic Update | Kuwait’s telcos launch new mobile technologies
29 Jan 2014
The roll-out of fourth-generation long-term evolution (4G LTE) networks across Kuwait is expected to offer a boost to the mobile market. While the average revenue per user (ARPU) remains among the...
Economic Update | Kuwait Year in Review 2013
26 Jan 2014
Strong consumer spending helped ensure economic growth in Kuwait this past year, although a slowdown in the energy sector meant the rise in GDP was modest. The outlook for the oil industry in 2014 is...
Economic Update | Kuwait steps up pace of education reform
17 Dec 2013
A new national curriculum, possible regulations for private sector providers and plans to outsource certain functions in the school system are among changes Kuwait’s government has proposed for the...
Economic Update | Kuwait’s lenders are banking on broader expansion
3 Dec 2013
Banks will be looking to end 2013 on a high note, after most of Kuwait’s lenders recorded encouraging results for the first three quarters of the year, with profits and lending activity on the rise,...