Technology development is central to Kuwait’s long-term plans to diversify the economy, with the government attempting to position the country as a regional leader in ICT and financial services. The competition in those spaces across the GCC is fierce, and countries such as the UAE and Saudi Arabia are making concerted investment in ICT infrastructure and financial technology. The highly...
Kuwait ICT
The economy of Kuwait has long been underpinned by the production and export of crude oil. Although the rise in energy prices in 2021-22 boosted government revenue and macroeconomic stability, the Covid-19 pandemic, which preceded the commodity price boom, underscored the risk of over-reliance on an industry subject to fluctuating global demand. This has created fresh impetus for economic diversification, with robust public finances providing a strong platform to...
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Articles & Analysis | Cloud solutions central to Kuwait's digital transformation from The Report: Kuwait 2022
Advanced technologies are being adopted across the business landscape, bringing innovation and disruption and driving growth. Cloud services have helped businesses transform their processes across a broad range of sectors in recent years. As such, cloud solutions have emerged to form a dynamic and growing industry.
...Articles & Analysis | How the rollout of 5G in the GCC is creating efficiencies from The Report: Kuwait 2022
With connectivity widely recognised as a key driver of the post-Covid-19 economic recovery, the GCC countries are poised to expand their 5G networks and in turn increase the value of the region’s ICT industry.
Articles & Analysis | How governments are responding to rising cyberthreats from The Report: Kuwait 2022
Russia’s invasion of Ukraine in February 2022 caused disruptions across the global economy, prompting an increase in the number and sophistication of cyberattacks. According to a poll of 800 chief audit executives conducted by the UK-based Chartered Institute of Internal Auditors, 77% of respondents thought the war in Ukraine had elevated...
Articles & Analysis | Increased investment in Kuwait ICT improving public and private sector outcomes from The Report: Kuwait 2022
Technology development is central to Kuwait’s longterm plans to diversify the economy, with the government attempting to position the country as a regional leader in ICT and financial services. The competition in those spaces across the GCC is fierce, as countries such as the UAE and Saudi Arabia are making concerted investment in ICT infrastructure and financial technology (...
Interviews & Viewpoints | Maziad Alharbi, CEO, stc Kuwait: Interview from The Report: Kuwait 2022
As Kuwait continues to diversify its economy, what role might the local ICT sector play in accelerating the country’s post-pandemic recovery?
Articles & Analysis | Digital technologies foster sustainable development in Kuwait from The Report: Kuwait 2022
Since the beginning of the Covid-19 pandemic, mobile networks have provided the reliable connectivity needed to sustain economic and social activities. As MENA countries gradually brought the pandemic under control, their governments have sought to drive economic recovery and foster sustainable development. Digital services and technologies...