Economy

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Chapter | Trade & Investment from The Report: Kuwait 2019

After accumulating large amounts of wealth through the export of oil, Kuwait is now looking to deploy that wealth to develop and diversify the...

Chapter | Economy from The Report: Kuwait 2019

Various developments point to healthy economic performance in the near term for Kuwait. Chief among them are the upgrade of the country’s stock...

Chapter | Country Profile from The Report: Kuwait 2019

Kuwait is a constitutional sovereign state situated in the north-western corner of the Gulf, bordered by Iraq and Saudi Arabia. Despite challenges...

With the sixth-largest proven oil reserves in the world, and an industry that dates back to the early days of oil and gas dominance in energy, Kuwait is among the world’s principal hydrocarbons powers. Yet, given the lower oil prices seen in global markets in recent years, initiatives outlined in the New Kuwait 2035 development plan come at a critical time in terms of enhancing the state’s competitiveness as a destination for foreign direct investment.

In an endorsement of ongoing efforts to reform the economy, Myanmar has been named one of the top-20 most-improved countries in the World Bank’s 2020 ease of doing business index.

Trinidad and Tobago has continued along the path of fiscal consolidation with the release of the country’s budget for 2020, delivered against a backdrop of subdued energy prices and calls for increased diversification.

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