Kuwait Focus

Kuwait diversifies to strengthen economy
Petroleum is the mainstay of Kuwait’s economy providing more than 90% of the emirate’s export revenues, which are running at record levels. Rising global prices pushed up earnings last year to more than $60bn and in the first ten months of its current financial year earnings topped $56bn.
Kuwait: Wednesday, April 30 - 2008 at 11:47

Kuwait seeks international avenues for oil revenues
As oil bounces around record highs of above $100 a barrel, is the industry to blame for manipulating these prices? According to Kamel Al Harami, Kuwait oil industry analyst, the prices are down to the sub-prime crisis, the weak US dollar, and speculators. AME Info talked to Al Harami about the likely effects of inflation on the Kuwaiti economy.
Kuwait: Sunday, April 06 - 2008 at 10:58

Kuwait fights energy poverty
'The world is running out of oil but the demand will continue to grow.” This statement has set the basis for Kuwait Petroleum Company’s massive growth strategy, which according to Saad Al Shuwaib, Chief Executive Officer of the company, is aiming to bridge the demand gap with the view of combating energy poverty.
Kuwait: Monday, March 17 - 2008 at 14:11 |

From Belfast to Kuwait comes the City of Silk
Dubai has become known for its mega-projects that grab media attention, and that glitz and glamour is spreading through certainly the GCC countries, if not the Middle East. Kuwait is no exception to wanting an ambitious project, and is planning City of Silk, which will include one of the tallest towers in the world as its centre-piece.
Kuwait: Tuesday, February 26 - 2008 at 14:32 |

Kuwait needs to simplify regulations and procedures
Kuwait is set to witness high economic growth driven by continuing high oil prices and the returns from the capital investments. Speakers at MEED’s Kuwait Conference 2008 discussed the business environment in Kuwait and the various potentials and challenges it faces, outlining what the government needs to do to further push the openness of its markets.
Kuwait: Thursday, February 07 - 2008 at 16:37 |

Index : Kuwait Focus

Kuwait diversifies to strengthen economy