Our Insights

The Kuwait government emphasizes digital transformation for public and private sector services by committing to spending up to USD 10.1 Billion by 2024, mainly for adopting advanced technologies such as artificial intelligence (AI), big data, cloud computing, and the Internet of Things (IoT).

The package is launched as macroprudential policy tools to encourage banks, provide financing to help productive sectors, and offer liquidity for businesses to continue operations.

The Kuwaiti government through the Public Authority for Housing Welfare (PAHW) is planning to secure housing care for Kuwaiti citizens while also reducing the period of providing them with adequate housing.

Kuwait is sustaining a stable growth in foreign direct investment (FDI) inflows into the country over the past years.

Kuwait has authorized a plan to nationalize 100% of all technical, supervisory and executive jobs in the country’s oil sector by January 2021.