The Middle East

Located at the northern section of the Gulf, Kuwait lies on the historical trade routes that have for millennia linked Mesopotamia, Arabia and Persia to the Gulf and Indian Ocean trade networks. The country already boasts a quite sophisticated infrastructure, but as part of diversification plans set out in Kuwait Vision 2035, stakeholders have...

Driven by rising demand for new sources of financing in the face of weak oil prices, Kuwait’s Islamic financial services (IFS) sector is increasingly considered to be a core component of the nation’s development. The industry’s steadily improving profile is largely a result of the government’s efforts to shore up the sector’s reputation over...

In early November 2015 the regulator of Kuwait’s capital market, the Capital Markets Authority (CMA), issued a comprehensive set of executive bylaws to the regulatory framework. The revision, officially known as CMA Resolution No. 72 of 2015, comprises 1665 articles governing activity across 16 broad areas, including disclosures, transparency...