Kuwait’s metrics soar amid higher oil prices

05 September 2022
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

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.