Special Report

Investing in Kuwait

Kuwait is trying to diversify its economy beyond oil, but the transition to a knowledge economy is being held back by a lack of skilled local workers. The government wants to scale back the number of expats but Kuwaitis are reluctant to quit the shrinking but comfortable state sector.

© AFP
Kuwait is spending its way to a new direction

Big infrastructure projects are central to diversification, but must overcome delays and red tape

Oil and money are not enough in volatile Middle East

Bringing in oil majors would be best bet for security

Foreign investment vital to diversify economy

Tax incentives and full ownership rules aimed at attracting new investors

Kuwait fund head navigates poisonous politics and trendy tech

Sovereign wealth fund plans China expansion in pivot to Asian emerging markets

‘Kuwait banks are at an inflection point’

Joining a global index is expected to boost trading for banks

Business finds foreign labour a difficult habit to kick

Locals reluctant to quit state jobs as expats blamed for national ills

Neutral Zone oilfields set to come back on stream

Price concerns spur talks to restart shared production stopped in 2015