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What impact is the lower price of oil having on major project planning and roll out?

 

Regional and global trends indicate people are conducting an increasing number of transactions over digital networks and storing more of their data online. This has shifted the security requirements of governments, corporations and citizens alike, as high-profile security breaches at large corporations and government offices around the globe...

 

The rapid pace of development for large-scale real estate projects in Kuwait has led to increased demand for companies that can manage these facilities. In particular, owners of high-end properties are seeking support to maintain the premium brand image of their properties. While this sector is still in the nascent stages in Kuwait, a growing...

 

Kuwait’s oil reserves include a total of approximately 13bn barrels of heavy crude oil, located primarily in the country’s northern fields of Raudhatain, Sabriya, Abdali, and Ratqa, as well as the Partitioned Neutral Zone (PNZ). Developing production in the northern Jurassic fields will help the government to meet the key objective of Project...

 

The ICT market in Kuwait has grown at a rapid pace over the past decade. Access to the internet, and mobile communications technology in particular, has accelerated rapidly since the government liberalised the sector in the early 2000s, adopting policies and regulations to encourage greater competition and private sector participation in the...

 

Along with Saudi Arabia, Iran, Iraq and Venezuela, Kuwait is a founding member of OPEC, which holds almost 81% of the world’s proven oil reserves, with over 66% of these stocks located in the Middle East. Despite having just over a 10th of the landmass of England, Kuwait holds the sixth-largest proven oil reserves in the world, according to...

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