In recognition of its high per-capita GDP and strong external and fiscal balance sheets, Kuwait’s long-term foreign and local currency ratings were recently upgraded to AA from AA- under Standard & Poor’s revised methodology for rating sovereign governments. Under the revised criteria, GDP per capita and fiscal and external balances carry...
How will a fragile global economy and slower growth in oil demand affect production quotas?
The political landscape in Kuwait has been marked by deadlock and legislative inertia for several years. However, the repercussions of the global financial crisis in the emirate have offered the prospect of a shake-up. The government has been able to take the first steps towards greater economic liberalisation and to call on the parliament to pass...
What are the main lessons that can be taken away from the global financial crisis and what do they mean for doing business in Kuwait in the future?
How have recent events in the MENA region demonstrated the need for further EU-GCC cooperation?
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