logo
Oxford Business Group partners with KDIPA for The Report: Kuwait 2025

Oxford Business Group partners with KDIPA for The Report: Kuwait 2025

Zawya19-02-2025

Kuwait City: Kuwait's efforts to enhance the investment climate and drive economic diversification will take centre stage in The Report: Kuwait 2025, by the global research and advisory company Oxford Business Group (OBG).
The report will offer detailed analysis of the strategies underpinning these initiatives and the opportunities the country creates for investors and other stakeholders.
A memorandum of understanding (MoU) signed between Oxford Business Group (OBG) and the Kuwait Direct Investment Promotion Authority (KDIPA) to support the economic research on Kuwait's long-term development goals that looks to highlight key achievements and opportunities shaping the nation's economic landscape.
Cristina Mirica, OBG's Country Director for Kuwait, underscored the importance of KDIPA's contribution to the report. Through this collaboration, we aim to provide detailed intelligence and data-driven insights that will enable businesses and investors to capitalise on Kuwait's evolving economic opportunities effectively.' she said.
The Report: Kuwait 2025 represents the culmination of over six months of extensive research conducted by OBG's team and will also include exclusive interviews with high-ranking officials and leading figures from the public and private sectors. In addition to FDI and digitalisation, it will explore the latest trends in infrastructure, innovation, and sustainable development, providing readers with a comprehensive overview of Kuwait's economic progress.
About Oxford Business Group
Oxford Business Group (OBG) is a global research and advisory company with a presence in over 30 countries, spanning Africa, the Middle East, Asia, and the Americas. It is recognised internationally as a distinctive and respected provider of on-the-ground intelligence on world's fastest-growing markets, termed The Yellow Slice, in reference to OBG's corporate colour.
Through its range of products - Economic News and Views; OBG CEO Surveys; OBG Events and Conferences; Global Platform, which hosts exclusive video interviews; and The Report publications – as well as its Advisory division, OBG offers comprehensive and accurate analysis of macroeconomic and sector-level developments for sound investment opportunities and business decisions.
OBG provides business intelligence to its subscribers through multiple platforms, including its direct subscribers, Dow Jones Factiva subscribers, the Bloomberg Professional Services subscribers, Refinitiv's (previously Thomson Reuters) Eikon subscribers, and more.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Economic transformation gains momentum as Oman accelerates diversification goals
Economic transformation gains momentum as Oman accelerates diversification goals

Zawya

time4 days ago

  • Zawya

Economic transformation gains momentum as Oman accelerates diversification goals

Muscat: Oman's strides in economic diversification, sustainability and private sector expansion under Vision 2040 form the core of The Report: Oman 2025, the latest research publication by global advisory and research firm Oxford Business Group (OBG). The report charts the country's progress in reducing its reliance on hydrocarbons, with non-oil sectors now contributing over two-thirds of GDP. Key areas of growth include manufacturing, logistics, tourism and green energy. The launch of the $5.2bn Future Fund Oman is positioned as a major development aimed at attracting targeted foreign direct investment, particularly in high-growth industries. A dedicated chapter on Trade and Investment a first for the publication underscores Oman's efforts to expand its global trade footprint and enhance its appeal to international investors. The report examines new initiatives designed to streamline business procedures, including the establishment of the Invest in Oman lounge, which serves as a one-stop facility to support incoming investment. It also presents data on rising FDI inflows, robust export performance and sector-specific momentum in areas such as green energy, manufacturing and logistics. Oman's expanding network of trade agreements and its increasing engagement in multilateral trade forums are assessed, with particular focus on strategic partnerships, including deepening commercial ties with the US, Saudi Arabia, the UAE and other key regional players. Strategic infrastructure developments, such as the expansion of broadband access and transport networks, are also covered in detail, alongside the role of multiple free trade economic zones such as Sohar, Salalah and Al Mazunah and SEZAD, the special economic zone to Duqm, in strengthening Oman's regional trade position. The report explores fiscal and regulatory reforms introduced to improve the business environment, from the implementation of VAT to labour law amendments. Digital transformation efforts are given significant attention, with insights into the country's strategy to bridge the digital divide and leverage technology to drive competitiveness. The publication also includes an overview of ongoing banking sector consolidation, the growth of Islamic finance and the measures being taken to ensure monetary stability. The Report: Oman 2025 contains contributions and perspectives from high-level public and private sector figures. Notable interviewees featured in the report include HE Qais Al Yousef, Minister Of Commerce, Industry and Investment Promotion; HE Abdulsalam Al Murshidi, President Oman Investment Authority; HE Dr Khamis Al Jabri, Chairman, Oman Vision 2040 Implementation Follow-up Unit; HE Eng. Said Al Maawali, Minister of Transport and ITC, HE Salim M. Almahruqi, Minister of Heritage and Tourism , HE Dr Saud Hamoud Al Habsi, Minister of Agriculture, Fisheries and Water Resources, HE Shaikh Abdullah Al Salmi, Executive President, Financial Services Authority; and Dr Aflah Al Hadhrami, Managing Director, Petroleum Development Oman. Commenting as part of his interview with OBG, Qais Al Yousef, Minister of Commerce, Industry & Investment Promotion said that the sultanate's sustained push to deliver on climate goals was contributing to greater macroeconomic stability and investor interest. 'It is crucial Oman's trade system can tackle the issues of climate change and sustainability, to avert fragmentation, safeguard trade routes and maintain a steady and predictable business landscape.' Dana Carmen Agarbicean, OBG's Country Director for Oman, said the findings reinforce the importance of collaboration across public and private sectors in delivering economic transformation. 'Our coverage reflects a deepening confidence in Oman's development trajectory. Interviews and analysis in this edition illustrate how policy implementation, fiscal discipline and new investment frameworks are supporting long-term, broad-based growth,' she said. The Report: Oman 2025 has been produced in partnership with the Ministry of Commerce, Industry and Investment Promotion, InvestOman, and Ominvest. The publication is the result of a year of field research conducted by a team of analysts from Oxford Business Group. It provides a comprehensive analysis of the sultanate's economic performance and outlook, and is available in print and online: About Oxford Business Group Oxford Business Group (OBG) is a global research and advisory company with a presence in over 30 countries, spanning Africa, the Middle East, Asia, and the Americas. It is recognised internationally as a distinctive and respected provider of on-the-ground intelligence on world's fastest-growing markets, termed The Yellow Slice, in reference to OBG's corporate colour. Through its range of products – Economic News and Views; OBG CEO Surveys; OBG Events and Conferences; Global Platform, which hosts exclusive video interviews; and The Report publications – as well as its Advisory division, OBG offers comprehensive and accurate analysis of macroeconomic and sector-level developments for sound investment opportunities and business decisions. OBG provides business intelligence to its subscribers through multiple platforms, including its direct subscribers, Dow Jones Factiva subscribers, the Bloomberg Professional Services subscribers, Refinitiv's (previously Thomson Reuters) Eikon subscribers, and more.

Kuwait pushes diversification, private sector growth
Kuwait pushes diversification, private sector growth

Zawya

time22-05-2025

  • Zawya

Kuwait pushes diversification, private sector growth

KUWAIT CITY - Minister of Commerce and Industry Khalifa Al-Ajeel said the government is working hard to implement ambitious economic policies aimed at restructuring the national economy, achieving diversification, facilitating the business environment, expanding participation, and raising the efficiency of the State's financial management. Al-Ajeel made the statement at the opening of the New Kuwait Economic Strategy 2025 Conference the Kuwait Direct Investment Promotion Authority (KDIPA) organized Wednesday in cooperation with The Business Year Group. KDIPA Director General Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah attended the event, with the participation of a group of economic leaders in and outside Kuwait. According to Al-Ajeel, the government recently implemented a set of laws in light of these economic policies, such as the Public Debt Law, which aims to rationalize financing tools and support the financial sustainability of the State; as well as the Real Estate Developer Law, which will propel the real estate, banking and investment sectors to new stages of growth and development. He cited the initiatives and projects that were launched recently, like the Smart License Project, Office Licenses Merger System, and amendment of the Companies Law, which reflect policies to develop and improve the business environment in the country. He emphasized that 'these government reforms are manifested in the economic indicators of the country.' He explained that before the adoption of these reforms, the gross domestic product (GDP) witnessed a remarkable four percent growth in non-oil sectors, indicating a real beginning in terms of diversifying sources of income and reducing dependence on traditional resources. He stated that 'the government is looking forward to improving these rates in 2025 and the coming years. We have a historic opportunity to move Kuwait to a new phase of growth, productivity and partnership.' Regarding foreign investment, he revealed that Kuwait has adopted measures to improve the investment environment, raise the level of transparency and strengthen legal frameworks, which contributed to a 20 percent increase in foreign direct investment inflows last year. He pointed out that the country has witnessed many international investments in different sectors such as technology, renewable energy, and infrastructure, reflecting the extent of foreign investor confidence in Kuwait as a stable and ambitious investment hub. He added that mega strategic projects like Zour Refinery, Mubarak Al-Kabeer Port and Kuwait National Railway, along with the development of smart cities and infrastructure, not only strengthen the economic structure of the country, but also establish a sustainable economy based on innovation, diversity and partnerships between the private sector and the government. He said 'The noble directives of His Highness the Amir Sheikh Meshal Al- Ahmad Al-Jaber Al-Sabah are considered the compass that guides all of us in formulating the economic policies of the State. His Highness has repeatedly emphasized that Kuwait is now facing a historic responsibility that requires serious action to build a resilient and globally open economy based on knowledge and innovation, led by the private sector, supported by the State, and confidently keeping pace with rapid regional and global developments.' He believes that the challenge today does not lie in formulating visions; but in transforming them into reality through cooperation between the public and private sectors, developing national competencies, and strengthening Kuwait's position as an influential economic and investment hub in the region. 'The government looks forward to the future with confidence and treats challenges as opportunities to move assertively toward building a new Kuwaiti economic model -- one that believes in partnership, embraces modernity, and invests in people above all else,' he concluded.

Ajman emerges as key UAE investment hub with free zones and SME growth, says report
Ajman emerges as key UAE investment hub with free zones and SME growth, says report

Arabian Business

time06-05-2025

  • Arabian Business

Ajman emerges as key UAE investment hub with free zones and SME growth, says report

The emirate of Ajman continues to establish itself as a competitive investment destination within the UAE's broader economy, an industry report said. Its strategic proximity to Dubai enables seamless connectivity to global markets while maintaining lower operational costs, making it an attractive base for small and medium-sized enterprises (SMEs) and high-growth industries, said the report, titled 'Ajman 2025', by Oxford Business Group (OBG). 'The emirate has demonstrated resilience and growth across key sectors, particularly in manufacturing, real estate, and logistics, supported by initiatives such as the Ajman Free Zone and 100 per cent foreign ownership laws,' OBG said. It said infrastructure developments in transport and logistics, alongside the construction of mixed-use real estate projects, underline the Ajman government's commitment to diversification and economic expansion. The streamlining of trade practices through digital solutions and regulatory enhancements is further strengthening the emirate's business environment, while increased integration of the industrial sector into global supply chains is positioning it as a competitive player in international trade, the report said. Additionally, the emirate is leveraging its strategic location to expand its cultural and tourism offerings, reinforcing its appeal as a business and lifestyle destination. Jana Treeck, OBG's Managing Director for the Middle East, said Ajman's strategic approach to economic diversification is reinforcing its status as a key investment destination. 'Ajman's proactive economic policies, combined with regulatory reforms and infrastructure development, are enhancing the emirate's attractiveness to investors. 'Its efforts to modernise industries and integrate digital solutions reflect a broader commitment to fostering sustainable and inclusive economic growth,' he said. The report, developed in collaboration with the Ajman Executive Council and featuring exclusive insights from key policymakers and business leaders, covers a wide range of sectors, including macroeconomics, infrastructure, finance, manufacturing, and ICT.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store