Kuwait News News Kuwait » Economy: Kuwait economy set for 2.8% growth in 2027 as $118 billion project pipeline advances
Kuwait’s real GDP is projected to grow 2.8 percent in 2027, following an expected 4.6 percent contraction in 2026. $118 billion project pipeline: Kuwait has around $118 billion in projects awaiting ...
News Kuwait » Economy: Macron begins Gulf tour in Kuwait with talks on energy and investment
By bna Cairo bureau Kuwait and France discussed expanding economic, trade and investment cooperation at talks between their leaders, state news agency KUNA reported on October 19. French President ...
News Kuwait » Economy: Kuwait says Strait of Hormuz closure is beyond catastrophic, will trigger domino effect across global economy
Sheikh Nawaf al-Sabah, the CEO of the Kuwait Petroleum Corp., said Iran is imposing an economic blockade against the Persian Gulf by closing the Strait of Hormuz. Al-Sabah said the closure of the ...
News Kuwait » Economy: Kuwait's Economy Struggles as Oil Production Cuts Persist
The International Monetary Fund (IMF) has predicted that Kuwait’s economy will remain in a recession due to the ongoing OPEC+ oil production cuts. “The economy is projected to remain in recession ...
News Kuwait » Economy: Kuwait wooes wealthy foreigners with investor permit as war hits economy
Kuwait unveiled a new 15-year residency permit for foreign investors on Monday, its latest effort to catch up with Gulf neighbors that have spent years wooing global wealth and talent as part of ...
News Kuwait » Economy: Turning Point For Kuwait?
Kuwait is one of the world’s smallest yet richest countries. A proposed fiscal and financial market overhaul aims to tap its growth potential beyond oil and gas. For at least a decade, one of the Gulf ...
News Kuwait » Economy: Kuwait Eyes Return to Debt Markets to Fund Diversification From Oil
Kuwait has approved a financing and liquidity law that will allow one of OPEC’s top producers to return to the debt market after eight years, with borrowing expected to fund projects to diversify its ...
News Kuwait » Economy: Women & the Economy Conference concludes with Kuwait’s next generation in the spotlight
Our Future in the Economy” was hosted by a young presenter and featured a conversation with “Muneerah,” a humanoid robot ...
News Kuwait » Economy: Kuwait economic fund signs coordination MoU with ILO
WASHINGTON: The Kuwait Fund for Arab Economic Development has agreed a memorandum of understanding with the International Labor Organization to enhance development cooperation, Kuwait News Agency ...
News Kuwait » Economy: Kuwait banks have strong liquidity, capital buffers to sustain economic growth
Al-Marzouq says robust capital buffers, prudent risk management and strong regulatory oversight underpin banks’ resilience and lending capacity Kuwait’s banking sector maintains strong financial ...
News Kuwait » Economy: Kuwait to launch free economic zone
KUWAIT CITY: Kuwait has said it will establish a free economic zone on five islands with large investments open to the private sector. The decision was taken by the Gulf state’s supreme planning ...