With 6% of the world’s proven oil reserves and 1% of its natural gas, Kuwait had an estimated GDP per capita of $71,943 in power purchasing parity terms in 2017, which was the eighth-highest value for any country or autonomous region, according to the World Bank. Kuwait has also been a prudent saver of its petrodollars and has the world’s fourth-largest sovereign wealth fund, with the Kuwait...
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Chapter | Country Profile from The Report: Kuwait 2018
As a member of both the Organisation of the Petroleum Exporting Countries and the GCC, Kuwait has numerous strategic ties. Additionally, the country is arguably the most politically dynamic in the Gulf, which has afforded it strong foundations to help tackle recent issues regarding parliamentary elections and accountability. By continuing with economic diversification efforts and reducing...
Increasing efforts to diversify its economy and realign its trade relationships, Qatar is building new links and expanding ties with existing partners.
Reforms to improve trade and protect investor rights have bolstered Bahrain’s standing on the World Bank’s most recent ease of doing business index, with newly ratified legislation set to further boost its investment appeal.
Articles & Analysis | Telephone numbers of useful organisations in Kuwait from The Report: Kuwait 2018
Awqaf & Islamic Affairs 2248 7225 www.islam.gov.kw Commerce & Industry 2248 0000 www.moci.gov.kw Communications 2481 9033 www.moc.gov.kw Defence 2484 8300 www.mod.gov.kw Education 2484 8586 www.moe.edu.kw Electricity & Water 2537 1000 www.mew.gov.kw Finance 2248 0000 www.mof.gov.kw Foreign Affairs 2222 5555 www.mofa.gov.kw Health...
Articles & Analysis | Tips for business travellers and tourists in Kuwait from The Report: Kuwait 2018
ETIQUETTE: It is customary to shake hands when introducing yourself. However, it is important to allow members of the opposite sex to extend their hand to initiate the handshake. It is also not uncommon to see men greet each other with kisses on both cheeks. The dress code during business meetings...