Can Kuwait move away from oil dependence?

      Published on Saturday, 22 December , 2018      466 Views      | Comments
Can Kuwait move away from oil dependence?

  • Gulf TV, Kuwait

Kuwait’s diversification agenda might be less well developed than the UAE or Saudi Arabia, but its efforts to boost its non-oil economy are key to future prosperity.

As the Gulf country that relies the most on oil – it still accounts for 60 percent of its GDP – Kuwait had to confront the same economic realities as many of its neighbours when the price per barrel slipped below $30 in 2016, perhaps even more so. The country, however, has been able to face them head on with a combination of strong financial buffers, a growing service economy and an increasing appetite for foreign investment.

Category: #Gulf TV, Kuwait | 2018/12/22 latest update at 8:19 PM
Source : You Tube | Photocredit : Google
Comments Add comment
April 1, 2020
66 Total Published News under Coronavirus Category

Coronavirus disease (COVID-19) Latest News

COVID-19 Live Updates
  • Total Cases - 629,355
  • Total Deaths - 28,963
  • Total Recovered - 138,085
  • New Cases - 33,043
  • Active Cases - 462,307
  • New Deaths - 1,622

Latest Comments

Gulf Media

Sponsored Publications

Related Articles

The editorial staff of Kuwait Media would like to give all of its readers from Gulf and Kuwait and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Kuwait Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Kuwait, the Gulf and the world.