Declining projects market activity bodes poorly for non-oil opportunities
While 2022’s oil price rise has lifted the pressure, the underlying problems remain, and the rising proportion of the national budget assigned to operational expenditure relative to capital is one of the contributing factors to the dramatic lull in Kuwait's projects market activity. Read more here
*=Projects data as of 15 August 2022. Sources: MEED Projects, MEED
MEED's September 2022 special report on Kuwait also includes: 
> Political impasse holds Kuwait’s economy back
> Kuwait remains stuck in political stalemate
> Oil ensures Kuwaiti economy remains buoyant
> Kuwait banking enters recovery mode
> Kuwait’s oil sector activity at low ebb
> Billions in projects due for retender in Kuwait
> Kuwait makes progress on utilities projects
> Kuwait construction continues to underperform
 |
This data has been unlocked to allow non-subscribers to sample MEED’s content. MEED provides exclusive news, data and analysis on the Middle East every day. For access to MEED’s business intelligence, subscribe here
You might also like...
Private sector essential to delivering social infrastructure
06 October 2022
Saudi winter games challenges perceptions
06 October 2022
Firm to develop $1bn battery energy storage platform
06 October 2022
Indian firm wins GCC grid contract
06 October 2022
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
