The national drive for economic diversification and the nurturing of a knowledge-based economy, combined with a growing young population, has led Kuwait to develop an extensive scholarship programme to allow students to study abroad. Those on government-supported study abroad programmes are joined by many Kuwaiti students whose families fund...
The health care market in Kuwait is set to receive a fiscal boost over the next five years, as rising public investment and private demand keep growth at double-digit levels. Health care provision and facilities are already expanding at a faster rate than most Gulf countries, reflecting Kuwait’s affluence and the government’s determination to...
On November 10, 2015 Kuwait received news through the official announcement in the Kuwait Official Gazette that the highly anticipated new bylaws governing the Capital Markets Authority (CMA) and regulating securities activities were issued pursuant to Decree No. 72 of 2015 – Executive Bylaws of Law 7 of 2010 regarding the...
Chemicals production is one of the leading lights of Kuwait’s industrial sector, an important contributor to its economy and an export earner. It is at the centre of the country’s drive to diversify its earnings and boost the value it obtains from its mineral wealth. Output is expected to rise as the national petrochemicals company and...
Kuwait’s wealthy and growing retail market continues to attract new international brands looking to capitalise on its strong outlook and relative lack of saturation. Introducing new brands helps mall owners stay ahead of the pack in an increasingly competitive market, while partnerships with experienced regional franchisers prove mutually...
The retail sector in Kuwait, as part of one of the world’s most prosperous societies, has achieved rapid growth in recent years, with retailers benefitting from strong economic fundamentals, evolving consumer tastes and a relatively unsaturated market. These factors are set to continue underpinning further growth and diversification over the...
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