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Kuwait News | Global Arab Network
Kuwait diversifying its economy to reduce hydrocarbon dependency

industries kuwait oil

Plummeting oil prices have brought renewed calls for Kuwait to deepen its focus on diversifying its economy and reducing hydrocarbon dependency.

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UK: Lord Mayor to promote economic relationship with Arab Gulf Countries

The Lord Mayor of the City of London visits to GCC Gulf countries Global Arab Network

The Lord Mayor of the City of London, Alderman Alan Yarrow, is to lead a large business delegation to the Gulf (16-28 January) as part of efforts to make sure London and the UK remain the regional partner of choice when it comes to financial and professional services, Global Arab Network reports according to press statement.

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Kuwait Transparency: Corruption, Political Instability Obstacles to Development
Kuwait Politics


Prior to Kuwait’s independence on June 19, 1961, it had experienced periods of political instability. It had been the hope that turning into a state and adopting a constitution would end the political chaos and serve as a catalyst for Kuwait’s development.

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Kuwait suspends offset programme in investment drive

Kuwait stock market

The decision to temporarily halt and revise the Kuwait Offset Programme (KOP), before reintroducing it next year, is widely seen as a sign of the government’s commitment to enhancing the business climate amidst fierce regional competition and following regulatory reforms.

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Kuwait investing in education - New schools to meet growing demand

Kuwait investing in education - New schools to meet growing demand

A growing population and crowded public school system have led Kuwait to move forward on a host of investments in education.

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Kuwait looks to enhance regional position of ports

Ports in Kuwait

Ports in Kuwait have performed well in recent years, supported by a national bid to increase both hydrocarbon exports and non-oil commercial shipping activity.

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A new national curriculum - Education reform in Kuwait

Kuwait steps up pace of education reform

A new national curriculum, possible regulations for private sector providers and plans to outsource certain functions in the school system are

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As Nuclear Talks Resume, Iran's Supreme Skeptic Dismisses Prospects for Diplomacy

Ayatollah Ali Khamenei Nuclear Iran

On the eve of the latest round of nuclear talks between Tehran and the international community, Iran's supreme leader Ayatollah Ali Khamenei delivered one of his trademark jeremiads against Washington.

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Kuwait: $6bn airport investment plan to support aviation industry growth


Air traffic is rising steadily in Kuwait as the state continues to capitalise on growing volumes of international travellers, buoyed by heightened regional activity.

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Upward trajectory for Kuwait Stock Exchange
The Kuwait Stock Exchange (KSE) had a positive start to 2013, with the index steadily moving up to reach multi-year highs in May. While local investors are driving much of the recent activity, foreign capital is increasingly flowing into the Gulf’s third-largest bourse.
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Construction boom - $16 billion projects expected in Kuwait
Real Estate
Estimates reveal that the largest sector to benefit from this investment is likely to be the construction industry, dominated by the newly-sanctioned hospital projects and infrastructure in Kuwait.
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Kuwait explores the viability of extracting shale gas
Kuwait has announced it is conducting studies into the viability of extracting shale gas from recently identified reserves, although any commercial operation will likely be many years off.
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Kuwait: Construction activity set to rise

The construction industry is looking to a series of projects, combined with increasing demand from the private sector, to generate momentum following a period of minimal growth and thin margins. 

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