Economic update | Kuwait: Growth in store for retail
Articles & Analysis | Full of confidence: Strong purchasing power and appetite for international brands push up sales from The Report: Kuwait 2012
In the world of retail, Kuwait is a heavy-hitter. In a 2011 study by management consulting firm AT Kearney, the country was ranked fifth on the global retail development index and the sector is the highest ranked in the Middle East and North Africa (MENA) region. This is despite a relatively small population of some 3.5m.
Articles & Analysis | Culinary delights: Food and beverage segment is supported by high disposable incomes from The Report: Kuwait 2012
Dining out is a national pastime in Kuwait, and restaurants catering to a variety of tastes have sprung up in the capital over the past few years. Chinese, Japanese, Thai, Italian, Indian, American and Lebanese food are all heavily represented. With high levels of disposable incomes, Kuwaiti families provide a steady flow of customers to restaurants...
Economic update | PNG: Rise of retail
Nestled between Iraq and Saudi Arabia in the northwest corner of the Gulf, Kuwait has been a leader of Arab democracy and one of the most liberal nations within the GCC since the country gained independence in 1961. Economically, the country also has a bright future, with strong public finances, a young and well-educated population and vast oil deposits.