In what ways can the legal framework be improved to attract higher levels of foreign investment?
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Interviews & Viewpoints | Ezekiel Tuma, Partner, ASAR – Al Ruwayeh & Partners: Interview from The Report: Kuwait 2022
Articles & Analysis | Kuwait implements legal reforms to ease doing business from The Report: Kuwait 2022
While it is common knowledge that laws in the Middle East include restrictions on foreign parties doing business that do not apply to citizens, progress has been made in recent years to facilitate foreign investment and participation in businesses in the region. Kuwait was a pioneer in this regard, with the promulgation of the Foreign Direct...
Chapter | Legal Framework from The Report: Kuwait 2022
While it is common knowledge that laws in the Middle East include restrictions on foreign parties doing business that do not apply to citizens, progress has been made in recent years to facilitate foreign investment and participation in businesses in the region. Kuwait was a pioneer in this regard, with the promulgation of the Foreign Direct Investment Law in 2014, which has since been...
The economy of Kuwait has long been underpinned by the production and export of crude oil. Although the rise in energy prices in 2021-22 boosted government revenue and macroeconomic stability, the Covid-19 pandemic, which preceded the commodity price boom, underscored the risk of over-reliance on an industry subject to fluctuating global demand. This has created fresh impetus for economic diversification, with robust public finances providing a strong platform to...
Economic update | Asia: Year in Review 2022
5 Jan 2023
An easing of Covid-19-related restrictions and shifting supply chains have bolstered growth in Asia, even as inflation and climate change generate significant headwinds.
Interviews & Viewpoints | Eyad Reda, Managing Partner, Eyad Reda Law Firm: Viewpoint from The Report: Saudi Arabia 2022
Over the past five years Saudi Arabia has witnessed unprecedented legal, social and economic reforms. Such reforms extended to the public sector’s operating model, the economy and society as a whole, and the foundations have been laid for future success. There have been calls for legal and judicial reforms before, but now the Kingdom appears determined to heed those calls by...