Kuwait has moved forward with plans to ease traffic congestion and improve transport infrastructure, with the authorities announcing that a major road project is close to completion, while a series of others are ahead of schedule.
The Middle East
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How is Abu Dhabi Airports aligning its growth strategy to support Abu Dhabi’s broader economy, and what role does its existing network play on this front?
Articles & Analysis | Kuwait Investment Authority, one of the world's largest sovereign wealth funds and a key public asset from The Report: Kuwait 2018
Despite volatility in international oil prices and delays in the implementation of economic diversification strategies, ratings agencies and the IMF agree the outlook for Kuwait is strong and stable, as it is home to substantial oil reserves and one of the world’s richest sovereign wealth funds (SWFs). Geologists calculate domestic oil fields...
Articles & Analysis | Kuwait's account balance returns to a surplus as oil price recovers and diversification strategies implemented from The Report: Kuwait 2018
With 6% of the world’s proven oil reserves and 1% of its natural gas, Kuwait had an estimated GDP per capita of $71,943 in power purchasing parity terms in 2017, according to the World Bank. This was the eighth-highest value for any country or autonomous region, putting it behind only Qatar, Macao, Luxembourg, Singapore, Brunei Darussalam,...
Articles & Analysis | Kuwait's new rail transit system environmentally friendly and efficient from The Report: Kuwait 2018
As the infrastructure schemes identified in Kuwait’s 2035 strategic plan are implemented, high-speed international passenger rail journeys from Boubiyan to Dammam and daily metro commutes from suburbs to commercial districts could be a feature of daily life as early as the 2020s. A national rail network has also been designed to connect to...