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FINANCIAL NEWS
Kuwait plans to attract more foreign investments
30 May 2013
(MENAFN) Kuwait is planning to expand its economy by boosting foreign investments in the country through the establishment of a new government authority, reported Arabian Business citing Kuwait Times.
The Ministry of Commerce and Industry will manage the authority, which will replace the Foreign Investment Office.
The aim of the body is to enhance legal and economic conditions to draw foreign investors to Kuwait.
According to the International Monetary Fund (IMF), the total foreign investment in the country is less than USD2 trillion.
It’s worth noting that the emirate has the lowest foreign direct investment among all GCC countries.
More News
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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