Already a regional leader in 4G LTE development, Kuwait will soon see even more sophisticated service offerings as telecoms operators move to establish LTE-Advanced (LTE-A) networks. Offering twice the speed of existing LTE networks and superior connectivity, LTE-A is set to become a significant growth generator in Kuwait’s already-mature...
IT service sales are poised to undergo significant growth, driven in part by rapid uptake of cloud computing technology. As companies look to modernise and cut costs by consolidating and streamlining IT operations, cloud computing has become one of the largest demand drivers in the IT services segment. Cloud computing in Kuwait has grown in...
As the first GCC nation to break its single-operator monopoly, Kuwait’s telecommunications industry has evolved over the past 15 years into one of the region’s most mature and technologically advanced. The private sector has invested heavily in the latest mobile technology, including 4G LTE, and LTE-Advanced (LTE-A), with these services moving...
The residential real estate sector has performed well in recent years, driven by a large undersupply of homes for Kuwaiti citizens, with the state’s growing population driving up demand and prices. The Public Authority for Housing and Welfare (PAHW) has rolled out ambitious plans for over 170,000 new affordable housing units, but with delays...
Although growth in real estate slowed during the global financial crisis, the sector has rallied to become one of the best-performing non-oil industries in Kuwait. Following early recovery in 2011 and 2012, real estate growth increased considerably in 2013, driven by investment and the commercial sector’s performance, with expanding housing...
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