Kuwait’s wealthy and growing retail market continues to attract new international brands looking to capitalise on its strong outlook and relative lack of saturation. Introducing new brands helps mall owners stay ahead of the pack in an increasingly competitive market, while partnerships with experienced regional franchisers prove mutually...
Economic diversification is at the heart of Kuwait’s long-term development strategy, as is establishing the country as a gateway to the northern Gulf and Middle East. The industrial sector has a central role to play in this, as the state looks to develop export-oriented businesses that can supplement hydrocarbons income and broaden the revenue...
In February 2016 Kuwait’s Ministry of Communications handed over key oversight and regulatory responsibilities to the country’s new ICT regulator, the Communication and Information Technology Regulatory Authority (CITRA), heralding the start of new era for the country’s ICT ecosystem. CITRA is set take on the ministry’s role as regulator for...
Kuwait’s traditionally telecoms-led ICT sector saw developments in the past year that could encourage continuing expansion in telecoms and spur progress in the industry. While three telecoms operators continue to compete for the country’s high-value consumer market, they have also partnered with global ICT firms to expand their enterprise...
The vast deserts of the GCC were often seen as obstacles to development in the past, preventing widespread cultivation, holding down population growth and hindering overland travel. The oil sitting beneath those deserts changed that view. Like its GCC neighbours, Kuwait relied on oil resources to fuel its rapid economic development in the 20th...
Across the GCC, governments have strengthened their commitments to major capital expenditure in spite of the prevailing oil price environment. To offset the cost of this spending, officials have been working to recruit help from the private sector through public-private partnerships (PPPs). In November 2015 authorities in Dubai implemented a...
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