The failed Kuwait-Dow Chemical mega deal is regarded as one of the biggest examples of how the Kuwaiti parliament has hindered the country’s economic progress. CONTINUE READING
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While OPEC may not take action at its meeting on December 12, most analysts expect the group to cut production in the new year or face depressed crude prices.
Kuwaitis have seen a fair number of elections in recent years, but the one being held on December 1 may turn out to be the most significant for the country’s political and economic well-being.
Regional banks had the lowest cost-to-income ratios in the world. The Banker magazine’s data shows Middle Eastern banks average cost-to-income ratio was 39.69%, down from 41.37% last year
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Report of Kuwaiti interest in Canadian oil sands companies highlights the treasure trove of oil riches in the North American country.
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AlifArabia’s aim is to offer a brutally frank but sincere analysis on the Middle East region’s business and political issues.
It wants to see a thriving and dynamic Middle East that encourages corporate and government transparency, investments and policies that allow the economies to grow.