The past year was productive, as we witnessed the further development of the Kuwait capital markets. The promulgation of Resolution 72 of 2015 relating to the issuance of the Executive Bylaws of Law No. 7 of 2010, and of its amendments establishing the Capital Markets Authority (CMA) and regulating securities activities in Kuwait (Executive...
The country’s long-term development plan, laid out in Kuwait Vision 2035, places a strong emphasis on education as a catalyst to economic diversification, sustainable growth and social progress. Substantial investment from the government is now being coupled with reform tailored to Kuwait’s needs and values. The private sector has a strong...
With a dozen private hospitals already operating in the country, Kuwait has a thriving private health care sector. The role of private investors in health care is likely to grow over the coming years as the government looks to harness the capital and expertise of international players in particular. The sector is also being driven by the...
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...
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