With plans to invest KD34bn ($112.4bn) in strategic projects by 2019, Kuwait wants to raise a third of that capital from the private sector. One of the key vehicles geared up for delivering that aim is the public-private partnership (PPP) model, a relatively new concept in the country, but one that has been growing in popularity across the GCC...
The past decade has seen substantial changes in the global economy and geopolitics, with the rise of China and Russia’s re-emergence on the global stage being two particularly important trends. These developments are creating new opportunities for GCC member states as they look to diversify their economies and trade, seek investment...
I have repeatedly outlined the difficulties that we face and the magnitude of the challenges that hinder our country’s progress. These challenges hinder our continuing efforts to protect our country and ensure its stability. At the same time, we are equally mindful of preserving the happiness and dignity of our citizens and ensuring a...
What initiatives are being carried out under the government’s fiscal restructuring programme, and how successful have they been so far?
Kuwait is a member of both the Organisation of the Petroleum Exporting Countries (OPEC) and the GCC. Additionally, the country is arguably the most politically dynamic in the Gulf, which has afforded it strong foundations to help tackle recent issues concerning parliamentary elections and accountability. By continuing with economic...
With billions of dinars worth of short-term spending plans and a new vision for economic transformation over the next two decades, Kuwait offers opportunities for investment across a range of sectors. While the country adopted a save and prosper approach during the oil boom years of 2010-14, the prolonged reduction in oil prices experienced since then has coincided with a renewed appetite for...
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