Economic Review

Corporate bonds boom in Kuwait
Corporate bond issuance boomed in Kuwait during 2001 on the back of interest rate cuts and regulatory changes. How will the capital markets develop next?
Monday, March 11 - 2002 at 14:29

Kuwait's real GDP in trouble
In its latest economic brief on real domestic output, National Bank of Kuwait reports that the Kuwaiti economy has been experiencing relatively low real growth since 1998.
Wednesday, February 20 - 2002 at 15:27

2002 a difficult year for Saudi Arabia
The Saudi population profile, and private sector growth are the two rays of light in an otherwise downbeat assessment of the economic outlook in the Kingdom published by Samba this month.
Monday, February 11 - 2002 at 10:20

Kuwait's money supply surges
In its latest economic brief on monetary developments, National Bank of Kuwait (NBK) reports that a solid recovery in credit growth appears to have taken hold in the last quarter of 2001, helping push year-on-year growth in the money supply close to its highest levels since 1982. Interest rates on customer deposits continued to fall, reflecting the most recent cut in the discount rate by the Central Bank of Kuwait (CBK) on October 30th.
Saturday, January 26 - 2002 at 15:26

UAE high spending keeps economy on course
Despite the oil price downturn, the UAE has kept its spending levels up and the economy is still growing at a time when the rest of the world is in recession.
Monday, January 21 - 2002 at 14:46

NBK forecasts solid 2002
The National Bank of Kuwait's latest report highlights the impact of falling oil revenues, but does not expect any big reductions in public spending this year.
Wednesday, January 02 - 2002 at 14:48

EIU highlights robust 2002 for Kuwait
The Economist Intelligence Unit sees a modest downturn in Kuwait's GDP next year, but has the EIU underestimated the impact of low interest rates on a booming economy?
Wednesday, December 19 - 2001 at 14:15

Saudi heads for record budget deficit
The projected $12 billion budget deficit announced by Saudi Arabia for 2002 may not be such bad news for the private sector as it first appears.
Tuesday, December 11 - 2001 at 11:34