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The growth witnessed across Kuwait’s retail sector in recent years looks set to continue as additional outlets open their doors in newly available retail spaces. High-end malls offering luxury brands, in particular, are proving popular with Kuwaitis, who rank among the GCC’s most affluent consumers. Analysts expect 2014 to be another strong...

As one of the world’s most affluent societies, Kuwait is home to a growing and diversifying retail sector. With strong economic fundamentals and a steady increase in consumer purchasing power, retail in Kuwait is on a sure foundation.

The economy of Kuwait stands on the threshold of entering a major new phase in its development. Up to now, it has been based largely on the export of raw hydrocarbons or ancillary products such as petrochemicals. Now, however, a large programme of public investment is re-energising the economy across the board, and industry is set to be a...

As part of Kuwait’s effort to diversify and grow its economy, authorities are launching two initiatives that are set to expand trade with East Asia. First, Kuwait is looking to increase its oil production from around 2.9m barrels per day (bpd) currently to 4m bpd by 2020. This will also boost production of associated gas, which can be used as...

Strong economic growth, rising personal incomes and increased access to next-generation technologies have created significant opportunities in Kuwait’s IT industry. While the country is working to keep up with some of its regional peers in IT uptake, its market holds considerable untapped potential as the government pushes to expand fibre-...

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...