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Sheikh Ahmad will name a new cabinet ahead of parliamentary elections, a date for which has yet to be announced. Government and parliament have been at loggerheads for a number of…
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DOI: 10.1108/OXAN-DB271752
ISSN: 2633-304X
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Geographic
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Kuwait’s sixth government in two years took office in October pledging to accelerate the slow reform of an economy that is overwhelmingly dominated by the state’s spending of…
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DOI: 10.1108/OXAN-DB274363
ISSN: 2633-304X
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Geographic
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This echoed the strategy of the sovereign wealth funds of Gulf Cooperation Council (GCC) states after the 2008 global financial crisis, but there are several key differences: GCC…
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DOI: 10.1108/OXAN-DB253419
ISSN: 2633-304X
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Topical
Taxation in the Gulf.
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DOI: 10.1108/OXAN-DB212063
ISSN: 2633-304X
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With huge financial reserves, low public debt and a small population, Kuwait is one of the Gulf Cooperation Council (GCC) states best equipped to ride out an extended period of…
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DOI: 10.1108/OXAN-DB212955
ISSN: 2633-304X
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Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…
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DOI: 10.1108/OXAN-DB251403
ISSN: 2633-304X
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The IMF has revised downwards its forecast for Saudi GDP growth in 2024 to 2.7% but raised its 2025 forecast to 5.5%. This reflects a positive medium-term outlook for the Gulf…