Kuwait

Khaled Al Mudhaf, head of Kuwait's Public Authority for Compensation said in April that Iraq owes US$25.5bn as damages for the 1990 invasion and occupation. As per the UN agreement,... 2009-04-29

BMI View: As GCC debt issuance increases, demand for private sector instruments will be even further depressed. This will have a negative effect on the financial sector, and quashes... 2009-04-16

We see some risk of early elections: new polls are not due until 2012, but Kuwait has a history of dissolving governments. It has had four parliamentary elections since 1999, and... 2009-02-26

BMI View: Worsening economic conditions, combined with a fresh approach from the new US administration, could make Middle Eastern governments more amenable to reform over the coming... 2009-02-25

BMI View: Cutting spending will be hard, and we think the Kuwaiti government will opt to go into deficit rather than risk stability. We see a 6.6% of GDP shortfall in 2009/10, returning... 2009-02-19

Economic risks are the main threat to stability in Kuwait as we move into 2009, with a rise in unemployment and a decline in living standards having the potential to destabilise the... 2009-02-19

BMI View: Political turmoil will continue, policy progress (of any hue) will be slow, and early elections are highly possible. There is also a risk of a rise in public unrest. Our... 2009-02-17

BMI View: Lower oil prices, OPEC cuts and crashing confidence in the interbank markets will send growth into negative territory in 2009, while a negative business environment will... 2009-02-16

Recently released figures from the Islamic Finance Information Service (IFIS) concerning global sukuk issuance clearly illustrate our long-held view that the market is not favourable... 2009-01-09

Kuwaiti markets continue to look dire, with even the basket-pegged currency looking decidedly shaky. With another bank having declared itself to be in default this week, and the government... 2009-01-09