Kuwait News 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: UNDP and AmCham convene private sector dialogue on innovative financing for Kuwait's economic diversification
Introductory session highlights how innovative financing can help businesses strengthen competitiveness and support long-term growth ...
News Kuwait » Economy: Indian-origin LuLu Group chairman gets Kuwait's first 15-year Golden Residency permit
Kuwait launched its new 15-year Golden Residency program for investors. Yousuf Ali Moussally became the first recipient of this new residency. This initiative aims to boost the nation's investment ...
News Kuwait » Economy: Kuwait economy
Kuwait’s GDP per capita topped $38,000 in 2022 before declining for two consecutive years. The IMF expects a partial recovery this year to about $33,000. Real GDP contracted by nearly 5 percent in ...
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’s reform agenda advances economic diversification
Oxford Business Group’s latest edition of The Report: Kuwait provides a timely assessment of the country’s economic transformation under its New Kuwait 2035 strategy, following geopolitical tension ...
News Kuwait » Economy: The Role of Natural Gas in Kuwait's Power Evolution
Kuwait is facing challenges with its power system due to heat and aging infrastructure, leading to significant investments in grid reliability and a shift towards natural gas and renewables. While ...
News Kuwait » Economy: Kuwait introduces new regulations to strengthen e-commerce sector
Kuwait's Minister of Commerce and Industry Osama Boodai said on Friday that the new regulations governing electronic platforms and intermediary applications for displaying, ordering, and delivering ...
News Kuwait » Economy: Kuwait’s Real-Time Payment Scheme WAMD Surpasses 1 Million Accounts in First Year
OMAHA, Neb. & KUWAIT CITY--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, and KNET, Kuwait’s national electronic banking company, today announced ...
News Kuwait » Economy: Boursa Kuwait empowers 931 students in financial literacy and entrepreneurship in collaboration with INJAZ
Driven by its belief that building more sustainable financial markets begins with investing in education, Boursa Kuwait concluded its strategic partnership with INJAZ Kuwait for the academic year 2025 ...