Economic Review
HSBC argues for greater economic diversification
- Economic diversification is a popular notion in the Middle East. Yet the idea that all oil producers should try to become like Dubai is ridiculous. Dubai is so different from the rest of the region that it will always be the exception and never the rule.
- Monday, July 21 - 2003 at 14:37
Oil prices stronger than expected
- With Iraqi production still facing problems, oil prices have regained strength. The National Bank of Kuwait explains the implications for the national budget.
- Kuwait: Sunday, July 13 - 2003 at 10:03
Kuwait: 2002 economic data
- Kuwait's GDP recovered in 2002. Apart from increased spending on public services and defense, refining, trade and real estate services were key drivers of growth.
- Kuwait: Sunday, July 06 - 2003 at 10:51
Kuwait's oil boom continues
- Kuwait is booming with a strong increase in oil income more than offsetting the decline in the non-oil sector due to the impact of the war in Iraq. Capital expenditure was markedly higher and wage rise lower than in recent years.
- Kuwait: Monday, June 30 - 2003 at 15:32
Iraq's economic outlook, a new report
- Reports on Iraq will become a small industry in their own right in the next few months. But Global Investment House has already published a good basic guide to the economic state of the nation.
- Iraq: Saturday, June 21 - 2003 at 12:21
IMF predicts 4.5% regional GDP growth
- If the regional economy is booming, how come business life feels so tough in many sectors of the economy?
- Saturday, June 07 - 2003 at 12:35
Oil price outlook improves
- The National Bank of Kuwait's latest bulletin expresses optimism about the strength of the oil market for 2003, something which can only benefit the Government finances of the emirate.
- Tuesday, June 03 - 2003 at 14:15
NBK views on the US dollar
- The weakness of the US dollar presents a near perfect scenario for US economic recovery, argues the National Bank of Kuwait's currency strategists. But the cost is clearly being paid in the euro zone.
- Sunday, May 25 - 2003 at 13:56
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