As a major global oil producer, Kuwait has come a long way in recent decades to overcome several key financial and political challenges. By continuing with efforts to diversify the national economy and reduce dependence on oil revenues, the country is also adding increased momentum to several large infrastructure projects. The authorities are also working to further integrate the country into...
The Middle East
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Chapter | Country Profile from The Report: Kuwait 2014
Kuwait accounts for approximately 6.1% of the world’s proven oil reserves, with hydrocarbons revenues comprising more than 65% of the country’s GDP and 95% of total exports in 2013. Cautious budgetary decisions have resulted in large surpluses, creating a solid base for public expenditure programmes such as the National Development Plan, which is set to diversify the economy and boost employment.
Much discussion of Jordan’s economic potential focuses on the mining and processing of minerals, but knowledge sectors like pharmaceuticals may offer a more effective tonic for the economy.
A growing population and crowded public school system have led Kuwait to move forward on a host of investments in education. The government recently launched tenders for a series of primary and secondary school construction projects while private sector contractors are poised to benefit as a university city is built.
Articles & Analysis | Facts for visitors: Useful information for business and leisure travellers to Saudi Arabia from The Report: Saudi Arabia 2014
Saudi Arabia is a socially conservative country and interaction between unrelated men and women is prohibited. Businessmen should wait for a woman to offer her hand to shake in a meeting. In all other situations, keep a respectful distance. Handshakes between men are common. Saudis pride themselves on their hospitality and it is impolite to begin business without engaging in...
Articles & Analysis | A good night’s rest: Jeddah Hotel Listings from The Report: Saudi Arabia 2014
View contact details and general information for some of the leading hotels and resorts in Jeddah...