A global deal to cut oil production and rebalance the market is good news for Kuwait – but it expires after six months. Can the country’s oil business expand its way to stability? Kit Gillet reports.
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Kuwait enjoys a stable economy and respectable GDP, but as government attempts to transform the country into a regional hub for commerce and finance begin to affect its citizens, will opposition parties derail planned reforms? James King reports.
Mohammad Al-Hashel, the governor of the Central Bank of Kuwait, talks to James King about his efforts to strengthen the bank's supervisory capacity, meet the challenges of adopting IFRS9 and ensure the continued stability of the banking system.
Dr Hamad Al-Hasawi, secretary general of the Kuwait Banking Association, talks to James King about the country’s drive to become an Islamic finance hub, and how PPP project financing will bring further opportunities.
Saudi Arabia's blueprint for the future, Vision 2030, aims to diversify the economy and cement the country's status as a Middle Eastern powerhouse. But the reforms necessary to modernise the country and attract investment will bring challenges as well as opportunities, as James King reports.
In line with Saudi Arabia’s Vision 2030 blueprint to diversify the country’s economy away from oil, its capital markets are being liberalised and broadened to include regional and foreign investors. James King reports.