The Kuwaiti government’s increased efforts to bolster foreign direct investment (FDI) could have a significant impact on its offset activities in 2014, as the state’s National Offset Company (NOC) moves to roll out new partnerships between offset obligors and private investors. Although progress has been moderate since the programme’s...
What impact will the recent legislative changes have on trade and the investment environment?
To what extent is the economy dependent on the government’s National Development Plan (NDP)?
Public spending in Kuwait has come under increased scrutiny in recent years, with a host of domestic and international experts warning that expenditure levels are unsustainable. Kuwait’s welfare system guarantees housing, education, health care and one-off grants to its citizens, as well as cheap power. However, the state is moving forward on...
The government has identified private sector participation as a critical facet of its five-year, $109bn spending plan, reforming its regulatory framework in recent years to enhance the state’s attractiveness to foreign investors. Kuwait has traditionally ranked at the bottom of GCC nations in terms of foreign direct investment (FDI) inflows,...
Small and medium-sized enterprises (SMEs) are set to play an increasingly important role in Kuwait’s economic diversification, following the recent government decision to roll out a multibillion-dollar SME fund aimed at reducing youth unemployment and encouraging entrepreneurship. Although SMEs comprise the majority of registered companies in...
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