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Kuwait

Kuwait Articles

Economy

We anticipate strong growth of 5% in 2005, falling back a little to 4.7% in 2006. Lower oil prices in 2006 (BMI forecasts an average OPEC basket price of US$28/b) will have a contractionary... 2005-02-11


Economy

Indications of a government clampdown on Islamists emerged in December and January. In one key incident, riot police surrounded the headquarters of the Islamist-dominated professional... 2005-02-11


Political Risk

Further evidence of a government crackdown on Islamism in the Kingdom emerged in January with clashes between the government and the Islamist-dominated professional associations union.... 2005-02-07


Economy

We anticipate the current post-Iraq war boom will be sustained over the next year and forecast that Jordan will achieve 5% growth in 2005: an improvement on the annual average of... 2005-01-24


Economy

In a surprise move at the end of November, King Abdullah stripped his half-brother Prince Hamzah of his position as heir to the throne. Although a new Crown Prince had not been named... 2005-01-10


Political Risk

King Abdullah has relieved his half brother Prince Hamzah of his duties as Crown Prince and heir to the throne.

2005-01-10

Economy

Data for fiscal performance in Q1 have been positive and suggest that the budget deficit target of 3.9% of GDP is attainable. In the first three months of this year, the budget balance... 2004-11-12


Political Risk

The prime minister has reshuffled a number of key ministerial posts, adding ten new members to the cabinet. BMI View: Given that relations with Israel have deteriorated recently,... 2004-11-01


Economy

Real GDP grew by 7.2% in H1 compared to 2.8% in 2003. Growth was driven mainly by a 14% rise in convertible industry output, while manufacturing expanded by 2.1%, transport &... 2004-10-14


Economy

The government's efforts to gradually liberalise the political environment have not always produced the desired results and it still resorts to non-democratic practices under the... 2004-10-06

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