Aug 11, 2015
Kuwait is the most important democracy in the Cooperation Council for the Arab States of the Gulf and attracts many of our customers. It enjoys a high standard of living and strictly checks the foreign workers: with these conditions, the risk of social unrests is very low. The oil revenue finances a big surplus in the State budget, even if the big dimension of the public sector restrains the development of the non-oil private sector. We inform our customers about the latest market news and political developments as a part of our top-down and bottom-up perspective. After a long period of stagnation, the investment previsions are improving, and the consumptions ones are very good. Nevertheless, the political situation of Kuwait is still unpredictable and could be a risk for its economy. Recently, Kuwaiti Parliament passed populist laws, among which provisions particularly destined to the expatriate workers. These measures could provoke uncertainty in the private sector, as well as give an unstable perception of the country.