Momentum is building across Qatar’s rail, aviation and port projects, on the back of rising investment, paving the way for a broadening of the state’s economic base.
The Middle East Transport
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Articles & Analysis | Recent investments and an ideal location bode well for the sector from The Report: Kuwait 2014
The state of Kuwait sits at the confluence of three of the most populous and prosperous countries in the Middle East – Iraq, Iran and Saudi Arabia. As such, Kuwait is a logical transport centre for the northern Gulf and has committed itself to making investments towards attaining that goal.
Articles & Analysis | A new terminal at the main airport offers several advantages from The Report: Kuwait 2014
While in the middle of the 20th century the Kuwaiti aviation sector led the Gulf region in terms of progress and innovation, over the past 20 year or so the country has lost its lead as other GCC states have caught up. In the 1980s, Kuwait Airways was a favourite with an excellent reputation, but today it has largely been eclipsed by the rise...
Chapter | Transport & Logistics from The Report: Kuwait 2014
Sitting at the confluence of three of the most populous and prosperous countries in the Middle East – Iraq, Iran and Saudi Arabia – Kuwait is a logical transport centre for the northern Gulf and the country has committed itself to making investments towards attaining that goal. Expansion of the main airport is under way, while a new port is set to increase Kuwait’s capacity as a shipping hub....
Kuwait accounts for approximately 6.1% of the world’s proven oil reserves, with hydrocarbons revenues comprising more than 65% of the country’s GDP and 95% of total exports in 2013. Cautious budgetary decisions have resulted in large surpluses, creating a solid base for public expenditure programmes such as the National Development Plan, which is set to diversify the economy and boost employment.
As part of plans to tackle delays on the King Fahd causeway, Bahrain is taking steps to reduce waiting times and ease congestion on its road link with Saudi Arabia while larger measures are under consideration.