Income from Kuwait’s hydrocarbons sector looks set to rise this year as the country ramps up oil production on the back of growing demand both locally and overseas, particularly from Asia.
The Middle East
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Economic update | Kuwait steps up oil production
24 Sep 2013
Economic update | Bahrain’s renewable energy plans
23 Sep 2013
With the Kingdom’s first solar plant scheduled for commission by the end of 2013, and the tender for a second renewable power plant to be announced in the coming months, Bahrain is one of many hydrocarbons producers investing in alternative fuel sources.
Articles & Analysis | Facts for visitors: Useful tips for business and leisure travellers from The Report: Kuwait 2013
ETIQUETTE: Kuwait is a relatively conservative Muslim country. Islam is the official religion of Kuwait, with 57% of the population being Arab. The population is around 2.5m, including 1m non-nationals. It is customary to exchange handshakes when introducing yourself, but when introducing yourself to...
Articles & Analysis | Virtual learning: Integrating technology into curricula is a key area of focus from The Report: Kuwait 2013
Information and communications technology (ICT) will play an increasingly important role in Kuwait’s schools and universities in the next few years. Indeed, two state-funded projects under way could potentially transform the education sector over the course of the coming decade. The government’s Education Net project, which is currently in...
Articles & Analysis | Getting into shape: With a push from the state, private health care provision is on the rise from The Report: Kuwait 2013
With high levels of government spending and steadily increasing private sector participation, Kuwait’s health care industry is poised for considerable expansion in the coming years. The Ministry of Health (MoH), which is constitutionally mandated to offer free health care to all Kuwaiti citizens, accounts for the great majority of medical provision...
Articles & Analysis | CURRENT TAX TRENDS: from The Report: Kuwait 2013
The tax environment in Kuwait and in the rest of the Middle East and North Africa region is different from the rest of the world. Taxation in Kuwait consists primarily of corporate income tax, which is governed by Decree No 3 of 1955 as amended by Law No 2 of 2008.