Marcopolis

Kuwait Report

Developed in conjunction with Ext-Joom.com

So whilst the effects of declining oil revenues have been considerable, Kuwait, which boasts large fiscal reserves accumulated over the past few decades, has been able to stave off the precipitous corrections that have hit Continue
Scherzando Blaise Karasu
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Economy
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14 March 2017 |
Jacques Yétérian
Al Kazemi Travel Agencies Co. W.L.L. (part of Al Kazemi Group) proudly becomes the exclusive agent of Azerbaijan Airlines in the State of Kuwait, establishing the first direct flight from Kuwait to Continue
14 March 2017 |
Scherzando Blaise Karasu
The Kuwaiti government’s education budget had grown relentlessly in recent years, allocating almost 10% of its annual budget to Kuwait’s education sector in 2016, as the leadership has continued Continue
08 March 2017 |
Scherzando Blaise Karasu
So whilst the effects of declining oil revenues have been considerable, Kuwait, which boasts large fiscal reserves accumulated over the past few decades, has been able to stave off the precipitous Continue
11 February 2015 |
Super User
Qurain Petrochemical Industries announces 67% net profit increase for first three quarters of FY2014/2015 Consolidated operational income up 491% in Q3 Continue
17 July 2013 |
Ben Novak
  Moody's Investors Service issued a report on Kuwait's banking system in which it indicated that the outlook on the sector remains "stable", unchanged since 2011. Continue
14 August 2012 |
Ben Novak
The story of Gulf Bank can be classified as the "rags-to-riches-to-rags-and-back-to-riches-again" story. Why? Read about the inspiring success story of Gulf Bank. Continue
04 July 2012 |
Ben Novak
Since the fall of the old regime in Iraq in 2003, Kuwait's foreign policy has shifted from a look-south attitude to a helicopter view of the Gulf region. Continue
29 June 2012 |
Ben Novak
It's all in the family: Businessmen, bankers and diplomats who want to play the big card in Kuwait have no choice but to deal with the influential families who run the country's economic, social and Continue
29 June 2012 |
Ben Novak
Why not combine leisure time with the pleasure of learning in an exciting environment? The Scientific Center of Kuwait (TSCK) makes it possible. Continue
29 June 2012 |
Ben Novak
The Kuwaiti economy is over-dependent on oil and gas sector and lacks diversification in the non-oil sectors. Continue
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14 March 2017 |
Jacques Yétérian
Al Kazemi Travel Agencies Co. W.L.L. (part of Al Kazemi Group) proudly becomes the exclusive agent of Azerbaijan Airlines in the State of Kuwait, establishing the first direct flight from Kuwait to Continue
29 June 2012 |
Ben Novak
Why not combine leisure time with the pleasure of learning in an exciting environment? The Scientific Center of Kuwait (TSCK) makes it possible. Continue
21 June 2012 |
Ben Novak
As a holiday destination, the norther Gulf state does not make it into dinner conversation about hot-spots like Egypt and Jordan, or "Fly-Buy-Dubai." Only at a second glance, does Kuwait offer a Continue
08 April 2010 |
Ben Novak
The government, however, does not follow a wait-and-see attitude. In 2004 Kuwait embarked on a twenty year master tourism plan with the number one priority being to develop and improve domestic Continue
08 April 2010 |
Ben Novak
The name Kuwait derives from Akwat, which means fortress near water. For the gulf countries it has never been easy to lure tourists away from the aforementioned pearls of the orient. Egypt has the Continue
14 March 2017 |
Scherzando Blaise Karasu
The Kuwaiti government’s education budget had grown relentlessly in recent years, allocating almost 10% of its annual budget to Kuwait’s education sector in 2016, as the leadership has continued Continue
08 March 2017 |
Scherzando Blaise Karasu
So whilst the effects of declining oil revenues have been considerable, Kuwait, which boasts large fiscal reserves accumulated over the past few decades, has been able to stave off the precipitous Continue
29 June 2012 |
Ben Novak
The Kuwaiti economy is over-dependent on oil and gas sector and lacks diversification in the non-oil sectors. Continue
22 April 2012 |
Jacques Yétérian
Kuwait’s national budget relies 95 percent on oil revenues, but the public and the private sector join forces to push for more diversification. Continue
08 April 2010 |
Ben Novak
“There hasn’t been much Kuwait oil development here in the past 20-30 years compared to the rest of the region.  However, with the new four year economic development plan we are going to be able Continue
07 April 2010 |
Ben Novak
Kuwait plans to spend about 16 billion dinars (US$56bn) in the fiscal year starting April 1, 2010 one-third more than the current year as oil prices rise. The emirate, which expects to spend 12.1 Continue
07 April 2010 |
Ben Novak
Kuwait strategic economic plan is worth 30 billion dinars (US$104 billion). On the agenda is a detailed roadmap to implement Kuwait economic plan a long-term strategy after years of short-term Continue
17 July 2013 |
Ben Novak
  Moody's Investors Service issued a report on Kuwait's banking system in which it indicated that the outlook on the sector remains "stable", unchanged since 2011. Continue
14 August 2012 |
Ben Novak
The story of Gulf Bank can be classified as the "rags-to-riches-to-rags-and-back-to-riches-again" story. Why? Read about the inspiring success story of Gulf Bank. Continue
22 June 2012 |
Ben Novak
In 2012, the Kuwait banks are cleaning up their balance sheets as a response to the consequences of the financial crisis of 2008/09 that is most likely going to continue throughout 2012. Continue
22 June 2012 |
Ben Novak
Although the well-capitalized Kuwaiti banking sector has digested the financial crisis by bringing down the share of non-performing loans (NPLs) and getting back to profits, the political ups and Continue
09 April 2010 |
Ben Novak
While in the United Arab Emirates almost every local commercial bank is involved in real estate financing, Kuwaiti banks watched Kuwait real estate and construction sector more critically. Continue
08 April 2010 |
Ben Novak
“Islamic banking and finance started inferior thirty years ago but started to position itself very well within the Kuwait banking and Kuwait investment industry.  It dominates the GCC and MENA Continue
08 April 2010 |
Ben Novak
“I think that Kuwait banking system has gone through some very difficult times, and that 2010 will still be difficult and I think the banks have to prepare for the inevitable full turn around. How Continue
08 March 2017 |
Scherzando Blaise Karasu
So whilst the effects of declining oil revenues have been considerable, Kuwait, which boasts large fiscal reserves accumulated over the past few decades, has been able to stave off the precipitous Continue
21 June 2012 |
Ben Novak
According to the independent rating agency, Capital Standards, "There are a total of 100 investment companies operating in Kuwait, with 54 operating within the confines of the Islamic Sharia Continue
08 April 2010 |
Ben Novak
“In Kuwait , we feel that we are part of the world. When there was a high demand for energy , and oil in particular, Kuwait and Kuwait Oil Company responded positively by producing the maximum in Continue
08 April 2010 |
Ben Novak
On December 27th 2008, after years of hearings and negotiations, the Kuwaiti parliament passed a law to slash taxes imposed on foreign corporations operating in Kuwait to 15 per cent, down from 55 per Continue
08 April 2010 |
Ben Novak
“If you look at the World Bank’s Protecting Investors Index, you will see that Kuwait has ranked 27th globally, which is better than most OECD countries. Therefore, the government is undertaking Continue