- published: 10 Jul 2015
- views: 224
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Bader Al Humaidhi, Former Minister of Finance of Kuwait talks about the price of oil and Kuwait's economy.
Actually it’s a very crucial time for all the oil exporting countries, but mainly for my country Kuwait. As you quite rightly said, I was talking about the subject even when I was the Minister of Finance in 2006/2007. I was worrying about the point at which the oil prices would drop. A drop which is out of our hands and that’s what is happening now. What does that mean for our budget?
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about Kuwait's economy and GDP. He believes that the major challenge for the economy is implementation of mega projects, diversification of the economy and job creation.
He says, "I think the biggest challenge is diversifying the economy and job creation. It will be a challenge to execute the many projects that have been announced to diversify the economy. We have seen some delays in execution in the past 15 years or so. There hasn’t been a very fast paced execution of plans. There have been delays, some projects were scrapped, some were re-tendered. But this time we are seeing some positive signs that things will go ahead smoothly. There are signs that PPP, Public-Private partnership model is now being used. Also there are infrastructure projects. We will see much faster execution this time around. If this doesn’t happen, then it is a major challenge for the economy because these are the projects that will diversify the economy and create long term jobs. It is required. If it gets delayed for any reason, it will be a big challenge for the economy."
Interview: http://www.marcopolis.net/kuwait-economy-to-grow-3-5-in-2015-says-kamco.htm
- published: 28 Jul 2015
- views: 288
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks the impact of the low oil prices on Kuwait's economy.
He says, "Maybe. Yes you are right. Let me tell you something. It’s never too late. There’s always a chance. You are right also saying about the Iraq invasion. It might have had an effect but it’s not the main reason. It might have had an effect. You know Germany came out of the Second World War, and now it has the largest economy in Europe. So it’s never too late."
- published: 10 Jul 2015
- views: 124
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about the oil and gas, banking, real estate, telecom and industry sector.
Oil and Gas Sector in Kuwait
About oil and gas, which is the predominant sector of the economy, I think the sector will diversify more into downstream projects. We are seeing refinery projects. These are good in terms of profit margins. Refined products give good margins. The sector will obviously depend on the price of oil. But we do expect an upturn sometime in the second half of 2015. We will see increased demand from emerging markets. The oil market looks neutral for now.
Banking Sector in Kuwait
Another big sector of the Kuwait economy is the banking sector. The banking sector is growing. The credit market is growing at a lower single digit pace. But the profitability in the banking sector is high. In the past 9 month period, the banking sector was up about 18 to 20%. Overall, on the Kuwait Stock market, corporate earnings were up only 2%.
That shows the banking sector is doing well. There is also a huge scope in the near future for the banking sector in project financing. As i mentioned earlier there are a large number of projects that are coming up. The Kuwait banking sector will probably have to align with international banks to provide that scale of financing. Kuwaiti banks are also now looking outwards. They have acquired banks in the GCC and MENA regions. They are looking for an entry into bigger economies. Their revenue stream will be more diversified and they will be looking at inorganic growth.
I am positive about the banking sector. There is increased competition even in Islamic banking. They have new products and they are competing on level ground with the conventional banking sector. That is another area of growth as many people look more towards the Islamic banking sector. There are more products available from this sector now, for example, the sukuk. A lot of sukuks are emerging in the region. Markets have a tremendously increased ability to absorb sukuks.
Real Estate Sector in Kuwait
As for the real estate sector, it is a very important sector. It is intimately correlated with economic growth and macroeconomic fundamentals. However, the yields in this sector are still good in Kuwait. There is a lot of construction activity, particularly on the high end, which is the malls and retails. The yields in this segment are very good. I am not so positive on residential real estate, not so much because of oversupply but because there is a demand-supply mismatch that can potentially happen in the future. I am sure there will be a positive outlook for the commercial and logistics segments of the real estate sector.
Telecom Sector in Kuwait
In Telecommunications, the penetration rate in Kuwait is above 100%. There is not much scope for further growth for telecom companies within Kuwait itself. The companies are looking outwards, into other markets. For example, Zain formed Zain Saudi Arabia. All the telecom companies are looking at other telecom markets to increase their revenues and subscriber bases. There will be churn in the telecom sector in Kuwait. We have new players like Viva entering the market. They are making inroads into the market share of the other 2 major players. There is churn between the prepaid and postpaid segments. But major growth will come from the outside markets or inorganic growth, because penetration level in Kuwait is already very high.
Investment Sector in Kuwait
The investment sector is very dependent on the stock markets and their related products. The investment sector, investment banking sector, financial services sector and the insurance sector, will all benefit from the planned mega projects, where their expertise will be required. However, stock market volatility will affect them strongly. Investment companies will have to develop a more stable cash flow, investment banking activities, and brokerage services. Any movement in the stock market will directly affect them.
Industrial Sector in Kuwait
The growth of the industrial sector is related to the petrochemical sector. The construction sector dictates the growth of the construction materials industry, like cement. Real growth will depend on how they can expand into the GCC, MENA or international regions. That growth will be in line with the GDP growth we will see for the region per se.
Interview: http://www.marcopolis.net/kuwait-economy-to-grow-3-5-in-2015-says-kamco.htm
- published: 28 Jul 2015
- views: 316
Kuwait Airways Economy Class gives you the value for your economical expectations! Fly in our Brand New A330 & experience the latest development
- published: 18 May 2016
- views: 3
The economy and the country of Kuwait is analysed and discussed as required by LB5236 Assignment 1.
- published: 21 Jun 2016
- views: 13
This video was shot on flight EK858 and EK500, live on the Emirates A380 from Kuwait International Airport to Dubai International Airport and Dubai International Airport to Chhatrapati Shivaji International Airport!
This is my first flight review video, so hope you like it!
Enjoy!
Specials thanks to my dad and brother for helping me film this!
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- published: 19 Aug 2015
- views: 8142
First we begin with President Park′s trip to the Middle East.
Before leaving for Saudi Arabia, she met with Korean and local business communities in Kuwait... and emphasized the importance of bolstering ties on the economic front.
Arirang′s presidential office correspondent Choi You-sun reports.
President Park Geun-hye continued to pitch Korean businesses in Kuwait, this time to the country′s business community.
At Monday′s bilateral business forum, she highlighted a synergy effect that can be achieved from Korea and Kuwait joining their innovation and industrial diversification growth initiatives.
"In line with the two sides′ economic innovation plans, we need to take a step forward in our economic cooperation."
Referring to Kuwait′s distribution infrastructure project, President Park said Korean companies are more than ready to participate, citing their 40-year experience in Kuwaiti infrastructure building.
She also talked about visiting a site earlier, where Korean companies are currently building a 48-kilometer-long bridge across the Bay of Kuwait.
The Korean president then emphasized a need for Korea and Kuwait to upgrade their cooperation in energy, from the current oil trade to joint ventures in oil exploration, development and production, as well as non-traditional energy sources like shale gas.
More than 1-hundred Korean and Kuwaiti SMEs held one-on-one business sessions, where a dozen deals worth 135 million dollars are near to being signed.
"It′s a shopping mall that has a two-kilometer roof and Korea′s D′strict Holdings has concluded a deal to build a children′s cafe there, worth some 100-thousand dollars."
"President Park now travels to Saudi Arabia, the second leg of her Middle East tour. Meeting with the leaders of Korea′s top oil-supplying nation, she plans to use diplomacy to expand cooperation into the fields of nuclear energy, health care and ICT.
Choi You-sun, Arirang News, Kuwait City."
- published: 03 Mar 2015
- views: 265
Kuwait is a small, relatively open economy with proven crude oil reserves of about 96 billion barrels (15.3 km3), i.e., about 9% of world reserves. Petroleum accounts for nearly half of GDP, 90% of export revenues, and 95% of government income. Kuwait lacks water and has practically no arable land, thus preventing development of agriculture. About 75% of potable water must be distilled or imported. Higher oil prices reduced the budget deficit from $5.5 billion to $3 billion in 1999, and prices are expected to remain relatively strong throughout 2000. The government is proceeding slowly with reforms. It inaugurated Kuwait's first free-trade zone in 1999 and will continue discussions with foreign oil companies to develop fields in the northern part of the country.
Kuwait is one of the richest countries in the Muslim world. Current GDP per capita reached astonishing peak growth of 439% in the 1970s. But this proved unsustainable and contracted by 58% in the 1980s. However rising global oil demand helped register growth of 91% in the 1990s. Diversification is a long-term issue for this over-exposed economy.
This page contains text from Wikipedia, the Free Encyclopedia -
http://en.wikipedia.org/wiki/Economy_of_Kuwait
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
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Kuwait, officially the State of Kuwait 
i/kuːˈweɪt/ (Arabic: دولة الكويت, Dawlat al-Kuwayt) is a sovereign Arab state situated in the north-east of the Arabian Peninsula in Western Asia. It is bordered by Saudi Arabia to the south at Khafji, and Iraq to the north at Basra. It lies on the north-western shore of the Persian Gulf. The name Kuwait is derived from the Arabic أكوات ākwāt, the plural of كوت kūt, meaning a fortress built near water. The country covers an area of 17,820 square kilometers (6,880 sq mi) and has a population of about 3.5 million.
Historically, the region was the site of Characene, a major Parthian port for trade between Mesopotamia and India. The Bani Utbah tribe were the first permanent Arab settlers in the region, and laid the foundation of the modern emirate. By the 19th century, Kuwait came under the influence of the Ottoman Empire, and after World War I, it emerged as an independent sheikhdom under the protection of the British Empire. Kuwait's large oil fields were discovered in the late 1930s.
This page contains text from Wikipedia, the Free Encyclopedia -
http://en.wikipedia.org/wiki/Kuwait
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
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14:52Economy: Kuwait heading for disaster
Economy: Kuwait heading for disasterEconomy: Kuwait heading for disaster
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks about the price of oil and Kuwait's economy. Actually it’s a very crucial time for all the oil exporting countries, but mainly for my country Kuwait. As you quite rightly said, I was talking about the subject even when I was the Minister of Finance in 2006/2007. I was worrying about the point at which the oil prices would drop. A drop which is out of our hands and that’s what is happening now. What does that mean for our budget? -
3:48Kuwait: economy and GDP outlook
Kuwait: economy and GDP outlookKuwait: economy and GDP outlook
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about Kuwait's economy and GDP. He believes that the major challenge for the economy is implementation of mega projects, diversification of the economy and job creation. He says, "I think the biggest challenge is diversifying the economy and job creation. It will be a challenge to execute the many projects that have been announced to diversify the economy. We have seen some delays in execution in the past 15 years or so. There hasn’t been a very fast paced execution of plans. There have been delays, some projects were scrapped, some were re-tendered. But this time we are seeing some positive signs that things will go ahead smoothly. There are signs that PPP, Public-Private partnership model is now being used. Also there are infrastructure projects. We will see much faster execution this time around. If this doesn’t happen, then it is a major challenge for the economy because these are the projects that will diversify the economy and create long term jobs. It is required. If it gets delayed for any reason, it will be a big challenge for the economy." Interview: http://www.marcopolis.net/kuwait-economy-to-grow-3-5-in-2015-says-kamco.htm -
3:24Economy: low oil prices "good for Kuwait"
Economy: low oil prices "good for Kuwait"Economy: low oil prices "good for Kuwait"
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks the impact of the low oil prices on Kuwait's economy. He says, "Maybe. Yes you are right. Let me tell you something. It’s never too late. There’s always a chance. You are right also saying about the Iraq invasion. It might have had an effect but it’s not the main reason. It might have had an effect. You know Germany came out of the Second World War, and now it has the largest economy in Europe. So it’s never too late." -
1:13Kuwait Airways A300-600 economy class
Kuwait Airways A300-600 economy class -
7:00Kuwait's oil, banking, telecom, real estate, investment and industry sector overview
Kuwait's oil, banking, telecom, real estate, investment and industry sector overviewKuwait's oil, banking, telecom, real estate, investment and industry sector overview
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about the oil and gas, banking, real estate, telecom and industry sector. Oil and Gas Sector in Kuwait About oil and gas, which is the predominant sector of the economy, I think the sector will diversify more into downstream projects. We are seeing refinery projects. These are good in terms of profit margins. Refined products give good margins. The sector will obviously depend on the price of oil. But we do expect an upturn sometime in the second half of 2015. We will see increased demand from emerging markets. The oil market looks neutral for now. Banking Sector in Kuwait Another big sector of the Kuwait economy is the banking sector. The banking sector is growing. The credit market is growing at a lower single digit pace. But the profitability in the banking sector is high. In the past 9 month period, the banking sector was up about 18 to 20%. Overall, on the Kuwait Stock market, corporate earnings were up only 2%. That shows the banking sector is doing well. There is also a huge scope in the near future for the banking sector in project financing. As i mentioned earlier there are a large number of projects that are coming up. The Kuwait banking sector will probably have to align with international banks to provide that scale of financing. Kuwaiti banks are also now looking outwards. They have acquired banks in the GCC and MENA regions. They are looking for an entry into bigger economies. Their revenue stream will be more diversified and they will be looking at inorganic growth. I am positive about the banking sector. There is increased competition even in Islamic banking. They have new products and they are competing on level ground with the conventional banking sector. That is another area of growth as many people look more towards the Islamic banking sector. There are more products available from this sector now, for example, the sukuk. A lot of sukuks are emerging in the region. Markets have a tremendously increased ability to absorb sukuks. Real Estate Sector in Kuwait As for the real estate sector, it is a very important sector. It is intimately correlated with economic growth and macroeconomic fundamentals. However, the yields in this sector are still good in Kuwait. There is a lot of construction activity, particularly on the high end, which is the malls and retails. The yields in this segment are very good. I am not so positive on residential real estate, not so much because of oversupply but because there is a demand-supply mismatch that can potentially happen in the future. I am sure there will be a positive outlook for the commercial and logistics segments of the real estate sector. Telecom Sector in Kuwait In Telecommunications, the penetration rate in Kuwait is above 100%. There is not much scope for further growth for telecom companies within Kuwait itself. The companies are looking outwards, into other markets. For example, Zain formed Zain Saudi Arabia. All the telecom companies are looking at other telecom markets to increase their revenues and subscriber bases. There will be churn in the telecom sector in Kuwait. We have new players like Viva entering the market. They are making inroads into the market share of the other 2 major players. There is churn between the prepaid and postpaid segments. But major growth will come from the outside markets or inorganic growth, because penetration level in Kuwait is already very high. Investment Sector in Kuwait The investment sector is very dependent on the stock markets and their related products. The investment sector, investment banking sector, financial services sector and the insurance sector, will all benefit from the planned mega projects, where their expertise will be required. However, stock market volatility will affect them strongly. Investment companies will have to develop a more stable cash flow, investment banking activities, and brokerage services. Any movement in the stock market will directly affect them. Industrial Sector in Kuwait The growth of the industrial sector is related to the petrochemical sector. The construction sector dictates the growth of the construction materials industry, like cement. Real growth will depend on how they can expand into the GCC, MENA or international regions. That growth will be in line with the GDP growth we will see for the region per se. Interview: http://www.marcopolis.net/kuwait-economy-to-grow-3-5-in-2015-says-kamco.htm -
0:32Kuwait Airways A320 Economy Class
Kuwait Airways A320 Economy Class -
0:29Kuwait Airways Economy Class
Kuwait Airways Economy ClassKuwait Airways Economy Class
Kuwait Airways Economy Class gives you the value for your economical expectations! Fly in our Brand New A330 & experience the latest development -
16:28Kuwait Economy
Kuwait EconomyKuwait Economy
The economy and the country of Kuwait is analysed and discussed as required by LB5236 Assignment 1. -
16:11✈ (Flight Report) Emirates A380 - Kuwait to Mumbai (HD)
✈ (Flight Report) Emirates A380 - Kuwait to Mumbai (HD)✈ (Flight Report) Emirates A380 - Kuwait to Mumbai (HD)
This video was shot on flight EK858 and EK500, live on the Emirates A380 from Kuwait International Airport to Dubai International Airport and Dubai International Airport to Chhatrapati Shivaji International Airport! This is my first flight review video, so hope you like it! Enjoy! Specials thanks to my dad and brother for helping me film this! Social Sites: Facebook: http://www.facebook.com/craigseq Twitter: http://www.twitter.com/craigsequeira Instagram: http://www.instagram.com/craaig22 -
2:12President Park highlights diversifying Korea-Kuwait economic cooperation 박 대통령
President Park highlights diversifying Korea-Kuwait economic cooperation 박 대통령President Park highlights diversifying Korea-Kuwait economic cooperation 박 대통령
First we begin with President Park′s trip to the Middle East. Before leaving for Saudi Arabia, she met with Korean and local business communities in Kuwait... and emphasized the importance of bolstering ties on the economic front. Arirang′s presidential office correspondent Choi You-sun reports. President Park Geun-hye continued to pitch Korean businesses in Kuwait, this time to the country′s business community. At Monday′s bilateral business forum, she highlighted a synergy effect that can be achieved from Korea and Kuwait joining their innovation and industrial diversification growth initiatives. "In line with the two sides′ economic innovation plans, we need to take a step forward in our economic cooperation." Referring to Kuwait′s distribution infrastructure project, President Park said Korean companies are more than ready to participate, citing their 40-year experience in Kuwaiti infrastructure building. She also talked about visiting a site earlier, where Korean companies are currently building a 48-kilometer-long bridge across the Bay of Kuwait. The Korean president then emphasized a need for Korea and Kuwait to upgrade their cooperation in energy, from the current oil trade to joint ventures in oil exploration, development and production, as well as non-traditional energy sources like shale gas. More than 1-hundred Korean and Kuwaiti SMEs held one-on-one business sessions, where a dozen deals worth 135 million dollars are near to being signed. "It′s a shopping mall that has a two-kilometer roof and Korea′s D′strict Holdings has concluded a deal to build a children′s cafe there, worth some 100-thousand dollars." "President Park now travels to Saudi Arabia, the second leg of her Middle East tour. Meeting with the leaders of Korea′s top oil-supplying nation, she plans to use diplomacy to expand cooperation into the fields of nuclear energy, health care and ICT. Choi You-sun, Arirang News, Kuwait City."
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Economy: Kuwait heading for disaster
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks about the price of oil and Kuwait's economy. Actually it’s a very crucial time for all the oil exporting countries, but mainly for my country Kuwait. As you quite rightly said, I was talking about the subject even when I was the Minister of Finance in 2006/2007. I was worrying about the point at which the oil prices would drop. A drop which is out of our hands and that’s what is happening now. What does that mean for our budget? -
Kuwait: economy and GDP outlook
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about Kuwait's economy and GDP. He believes that the major challenge for the economy is implementation of mega projects, diversification of the economy and job creation. He says, "I think the biggest challenge is diversifying the economy and job creation. It will be a challenge to execute the many projects that have been announced to diversify the economy. We have seen some delays in execution in the past 15 years or so. There hasn’t been a very fast paced execution of plans. There have been delays, some projects were scrapped, some were re-tendered. But this time we are seeing some positive signs that things will go ahead smoothly. There are signs that PPP, Public-Private partnership model is now being used. Also th... -
Economy: low oil prices "good for Kuwait"
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks the impact of the low oil prices on Kuwait's economy. He says, "Maybe. Yes you are right. Let me tell you something. It’s never too late. There’s always a chance. You are right also saying about the Iraq invasion. It might have had an effect but it’s not the main reason. It might have had an effect. You know Germany came out of the Second World War, and now it has the largest economy in Europe. So it’s never too late." -
-
Kuwait's oil, banking, telecom, real estate, investment and industry sector overview
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about the oil and gas, banking, real estate, telecom and industry sector. Oil and Gas Sector in Kuwait About oil and gas, which is the predominant sector of the economy, I think the sector will diversify more into downstream projects. We are seeing refinery projects. These are good in terms of profit margins. Refined products give good margins. The sector will obviously depend on the price of oil. But we do expect an upturn sometime in the second half of 2015. We will see increased demand from emerging markets. The oil market looks neutral for now. Banking Sector in Kuwait Another big sector of the Kuwait economy is the banking sector. The banking sector is growing. The credit market is growing at a lower single d... -
-
Kuwait Airways Economy Class
Kuwait Airways Economy Class gives you the value for your economical expectations! Fly in our Brand New A330 & experience the latest development -
Kuwait Economy
The economy and the country of Kuwait is analysed and discussed as required by LB5236 Assignment 1. -
✈ (Flight Report) Emirates A380 - Kuwait to Mumbai (HD)
This video was shot on flight EK858 and EK500, live on the Emirates A380 from Kuwait International Airport to Dubai International Airport and Dubai International Airport to Chhatrapati Shivaji International Airport! This is my first flight review video, so hope you like it! Enjoy! Specials thanks to my dad and brother for helping me film this! Social Sites: Facebook: http://www.facebook.com/craigseq Twitter: http://www.twitter.com/craigsequeira Instagram: http://www.instagram.com/craaig22 -
President Park highlights diversifying Korea-Kuwait economic cooperation 박 대통령
First we begin with President Park′s trip to the Middle East. Before leaving for Saudi Arabia, she met with Korean and local business communities in Kuwait... and emphasized the importance of bolstering ties on the economic front. Arirang′s presidential office correspondent Choi You-sun reports. President Park Geun-hye continued to pitch Korean businesses in Kuwait, this time to the country′s business community. At Monday′s bilateral business forum, she highlighted a synergy effect that can be achieved from Korea and Kuwait joining their innovation and industrial diversification growth initiatives. "In line with the two sides′ economic innovation plans, we need to take a step forward in our economic cooperation." Referring to Kuwait′s distribution infrastructure project, President Park ...
Economy: Kuwait heading for disaster
- Order: Reorder
- Duration: 14:52
- Updated: 10 Jul 2015
- views: 224
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks about the price of oil and Kuwait's economy.
Actually it’s a very crucial time for all the oil e...
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks about the price of oil and Kuwait's economy.
Actually it’s a very crucial time for all the oil exporting countries, but mainly for my country Kuwait. As you quite rightly said, I was talking about the subject even when I was the Minister of Finance in 2006/2007. I was worrying about the point at which the oil prices would drop. A drop which is out of our hands and that’s what is happening now. What does that mean for our budget?
wn.com/Economy Kuwait Heading For Disaster
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks about the price of oil and Kuwait's economy.
Actually it’s a very crucial time for all the oil exporting countries, but mainly for my country Kuwait. As you quite rightly said, I was talking about the subject even when I was the Minister of Finance in 2006/2007. I was worrying about the point at which the oil prices would drop. A drop which is out of our hands and that’s what is happening now. What does that mean for our budget?
- published: 10 Jul 2015
- views: 224
Kuwait: economy and GDP outlook
- Order: Reorder
- Duration: 3:48
- Updated: 28 Jul 2015
- views: 288
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about Kuwait's economy and GDP. He believes that the major challenge for the economy is...
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about Kuwait's economy and GDP. He believes that the major challenge for the economy is implementation of mega projects, diversification of the economy and job creation.
He says, "I think the biggest challenge is diversifying the economy and job creation. It will be a challenge to execute the many projects that have been announced to diversify the economy. We have seen some delays in execution in the past 15 years or so. There hasn’t been a very fast paced execution of plans. There have been delays, some projects were scrapped, some were re-tendered. But this time we are seeing some positive signs that things will go ahead smoothly. There are signs that PPP, Public-Private partnership model is now being used. Also there are infrastructure projects. We will see much faster execution this time around. If this doesn’t happen, then it is a major challenge for the economy because these are the projects that will diversify the economy and create long term jobs. It is required. If it gets delayed for any reason, it will be a big challenge for the economy."
Interview: http://www.marcopolis.net/kuwait-economy-to-grow-3-5-in-2015-says-kamco.htm
wn.com/Kuwait Economy And Gdp Outlook
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about Kuwait's economy and GDP. He believes that the major challenge for the economy is implementation of mega projects, diversification of the economy and job creation.
He says, "I think the biggest challenge is diversifying the economy and job creation. It will be a challenge to execute the many projects that have been announced to diversify the economy. We have seen some delays in execution in the past 15 years or so. There hasn’t been a very fast paced execution of plans. There have been delays, some projects were scrapped, some were re-tendered. But this time we are seeing some positive signs that things will go ahead smoothly. There are signs that PPP, Public-Private partnership model is now being used. Also there are infrastructure projects. We will see much faster execution this time around. If this doesn’t happen, then it is a major challenge for the economy because these are the projects that will diversify the economy and create long term jobs. It is required. If it gets delayed for any reason, it will be a big challenge for the economy."
Interview: http://www.marcopolis.net/kuwait-economy-to-grow-3-5-in-2015-says-kamco.htm
- published: 28 Jul 2015
- views: 288
Economy: low oil prices "good for Kuwait"
- Order: Reorder
- Duration: 3:24
- Updated: 10 Jul 2015
- views: 124
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks the impact of the low oil prices on Kuwait's economy.
He says, "Maybe. Yes you are right. Let me...
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks the impact of the low oil prices on Kuwait's economy.
He says, "Maybe. Yes you are right. Let me tell you something. It’s never too late. There’s always a chance. You are right also saying about the Iraq invasion. It might have had an effect but it’s not the main reason. It might have had an effect. You know Germany came out of the Second World War, and now it has the largest economy in Europe. So it’s never too late."
wn.com/Economy Low Oil Prices Good For Kuwait
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks the impact of the low oil prices on Kuwait's economy.
He says, "Maybe. Yes you are right. Let me tell you something. It’s never too late. There’s always a chance. You are right also saying about the Iraq invasion. It might have had an effect but it’s not the main reason. It might have had an effect. You know Germany came out of the Second World War, and now it has the largest economy in Europe. So it’s never too late."
- published: 10 Jul 2015
- views: 124
Kuwait Airways A300-600 economy class
- Order: Reorder
- Duration: 1:13
- Updated: 16 May 2009
- views: 33269
Kuwait's oil, banking, telecom, real estate, investment and industry sector overview
- Order: Reorder
- Duration: 7:00
- Updated: 28 Jul 2015
- views: 316
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about the oil and gas, banking, real estate, telecom and industry sector.
Oil and Gas ...
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about the oil and gas, banking, real estate, telecom and industry sector.
Oil and Gas Sector in Kuwait
About oil and gas, which is the predominant sector of the economy, I think the sector will diversify more into downstream projects. We are seeing refinery projects. These are good in terms of profit margins. Refined products give good margins. The sector will obviously depend on the price of oil. But we do expect an upturn sometime in the second half of 2015. We will see increased demand from emerging markets. The oil market looks neutral for now.
Banking Sector in Kuwait
Another big sector of the Kuwait economy is the banking sector. The banking sector is growing. The credit market is growing at a lower single digit pace. But the profitability in the banking sector is high. In the past 9 month period, the banking sector was up about 18 to 20%. Overall, on the Kuwait Stock market, corporate earnings were up only 2%.
That shows the banking sector is doing well. There is also a huge scope in the near future for the banking sector in project financing. As i mentioned earlier there are a large number of projects that are coming up. The Kuwait banking sector will probably have to align with international banks to provide that scale of financing. Kuwaiti banks are also now looking outwards. They have acquired banks in the GCC and MENA regions. They are looking for an entry into bigger economies. Their revenue stream will be more diversified and they will be looking at inorganic growth.
I am positive about the banking sector. There is increased competition even in Islamic banking. They have new products and they are competing on level ground with the conventional banking sector. That is another area of growth as many people look more towards the Islamic banking sector. There are more products available from this sector now, for example, the sukuk. A lot of sukuks are emerging in the region. Markets have a tremendously increased ability to absorb sukuks.
Real Estate Sector in Kuwait
As for the real estate sector, it is a very important sector. It is intimately correlated with economic growth and macroeconomic fundamentals. However, the yields in this sector are still good in Kuwait. There is a lot of construction activity, particularly on the high end, which is the malls and retails. The yields in this segment are very good. I am not so positive on residential real estate, not so much because of oversupply but because there is a demand-supply mismatch that can potentially happen in the future. I am sure there will be a positive outlook for the commercial and logistics segments of the real estate sector.
Telecom Sector in Kuwait
In Telecommunications, the penetration rate in Kuwait is above 100%. There is not much scope for further growth for telecom companies within Kuwait itself. The companies are looking outwards, into other markets. For example, Zain formed Zain Saudi Arabia. All the telecom companies are looking at other telecom markets to increase their revenues and subscriber bases. There will be churn in the telecom sector in Kuwait. We have new players like Viva entering the market. They are making inroads into the market share of the other 2 major players. There is churn between the prepaid and postpaid segments. But major growth will come from the outside markets or inorganic growth, because penetration level in Kuwait is already very high.
Investment Sector in Kuwait
The investment sector is very dependent on the stock markets and their related products. The investment sector, investment banking sector, financial services sector and the insurance sector, will all benefit from the planned mega projects, where their expertise will be required. However, stock market volatility will affect them strongly. Investment companies will have to develop a more stable cash flow, investment banking activities, and brokerage services. Any movement in the stock market will directly affect them.
Industrial Sector in Kuwait
The growth of the industrial sector is related to the petrochemical sector. The construction sector dictates the growth of the construction materials industry, like cement. Real growth will depend on how they can expand into the GCC, MENA or international regions. That growth will be in line with the GDP growth we will see for the region per se.
Interview: http://www.marcopolis.net/kuwait-economy-to-grow-3-5-in-2015-says-kamco.htm
wn.com/Kuwait's Oil, Banking, Telecom, Real Estate, Investment And Industry Sector Overview
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about the oil and gas, banking, real estate, telecom and industry sector.
Oil and Gas Sector in Kuwait
About oil and gas, which is the predominant sector of the economy, I think the sector will diversify more into downstream projects. We are seeing refinery projects. These are good in terms of profit margins. Refined products give good margins. The sector will obviously depend on the price of oil. But we do expect an upturn sometime in the second half of 2015. We will see increased demand from emerging markets. The oil market looks neutral for now.
Banking Sector in Kuwait
Another big sector of the Kuwait economy is the banking sector. The banking sector is growing. The credit market is growing at a lower single digit pace. But the profitability in the banking sector is high. In the past 9 month period, the banking sector was up about 18 to 20%. Overall, on the Kuwait Stock market, corporate earnings were up only 2%.
That shows the banking sector is doing well. There is also a huge scope in the near future for the banking sector in project financing. As i mentioned earlier there are a large number of projects that are coming up. The Kuwait banking sector will probably have to align with international banks to provide that scale of financing. Kuwaiti banks are also now looking outwards. They have acquired banks in the GCC and MENA regions. They are looking for an entry into bigger economies. Their revenue stream will be more diversified and they will be looking at inorganic growth.
I am positive about the banking sector. There is increased competition even in Islamic banking. They have new products and they are competing on level ground with the conventional banking sector. That is another area of growth as many people look more towards the Islamic banking sector. There are more products available from this sector now, for example, the sukuk. A lot of sukuks are emerging in the region. Markets have a tremendously increased ability to absorb sukuks.
Real Estate Sector in Kuwait
As for the real estate sector, it is a very important sector. It is intimately correlated with economic growth and macroeconomic fundamentals. However, the yields in this sector are still good in Kuwait. There is a lot of construction activity, particularly on the high end, which is the malls and retails. The yields in this segment are very good. I am not so positive on residential real estate, not so much because of oversupply but because there is a demand-supply mismatch that can potentially happen in the future. I am sure there will be a positive outlook for the commercial and logistics segments of the real estate sector.
Telecom Sector in Kuwait
In Telecommunications, the penetration rate in Kuwait is above 100%. There is not much scope for further growth for telecom companies within Kuwait itself. The companies are looking outwards, into other markets. For example, Zain formed Zain Saudi Arabia. All the telecom companies are looking at other telecom markets to increase their revenues and subscriber bases. There will be churn in the telecom sector in Kuwait. We have new players like Viva entering the market. They are making inroads into the market share of the other 2 major players. There is churn between the prepaid and postpaid segments. But major growth will come from the outside markets or inorganic growth, because penetration level in Kuwait is already very high.
Investment Sector in Kuwait
The investment sector is very dependent on the stock markets and their related products. The investment sector, investment banking sector, financial services sector and the insurance sector, will all benefit from the planned mega projects, where their expertise will be required. However, stock market volatility will affect them strongly. Investment companies will have to develop a more stable cash flow, investment banking activities, and brokerage services. Any movement in the stock market will directly affect them.
Industrial Sector in Kuwait
The growth of the industrial sector is related to the petrochemical sector. The construction sector dictates the growth of the construction materials industry, like cement. Real growth will depend on how they can expand into the GCC, MENA or international regions. That growth will be in line with the GDP growth we will see for the region per se.
Interview: http://www.marcopolis.net/kuwait-economy-to-grow-3-5-in-2015-says-kamco.htm
- published: 28 Jul 2015
- views: 316
Kuwait Airways A320 Economy Class
- Order: Reorder
- Duration: 0:32
- Updated: 14 Apr 2009
- views: 8476
Kuwait Airways Economy Class
- Order: Reorder
- Duration: 0:29
- Updated: 18 May 2016
- views: 3
Kuwait Airways Economy Class gives you the value for your economical expectations! Fly in our Brand New A330 & experience the latest development
Kuwait Airways Economy Class gives you the value for your economical expectations! Fly in our Brand New A330 & experience the latest development
wn.com/Kuwait Airways Economy Class
Kuwait Airways Economy Class gives you the value for your economical expectations! Fly in our Brand New A330 & experience the latest development
- published: 18 May 2016
- views: 3
Kuwait Economy
- Order: Reorder
- Duration: 16:28
- Updated: 21 Jun 2016
- views: 13
The economy and the country of Kuwait is analysed and discussed as required by LB5236 Assignment 1.
The economy and the country of Kuwait is analysed and discussed as required by LB5236 Assignment 1.
wn.com/Kuwait Economy
The economy and the country of Kuwait is analysed and discussed as required by LB5236 Assignment 1.
- published: 21 Jun 2016
- views: 13
✈ (Flight Report) Emirates A380 - Kuwait to Mumbai (HD)
- Order: Reorder
- Duration: 16:11
- Updated: 19 Aug 2015
- views: 8142
This video was shot on flight EK858 and EK500, live on the Emirates A380 from Kuwait International Airport to Dubai International Airport and Dubai Internationa...
This video was shot on flight EK858 and EK500, live on the Emirates A380 from Kuwait International Airport to Dubai International Airport and Dubai International Airport to Chhatrapati Shivaji International Airport!
This is my first flight review video, so hope you like it!
Enjoy!
Specials thanks to my dad and brother for helping me film this!
Social Sites:
Facebook: http://www.facebook.com/craigseq
Twitter: http://www.twitter.com/craigsequeira
Instagram: http://www.instagram.com/craaig22
wn.com/✈ (Flight Report) Emirates A380 Kuwait To Mumbai (Hd)
This video was shot on flight EK858 and EK500, live on the Emirates A380 from Kuwait International Airport to Dubai International Airport and Dubai International Airport to Chhatrapati Shivaji International Airport!
This is my first flight review video, so hope you like it!
Enjoy!
Specials thanks to my dad and brother for helping me film this!
Social Sites:
Facebook: http://www.facebook.com/craigseq
Twitter: http://www.twitter.com/craigsequeira
Instagram: http://www.instagram.com/craaig22
- published: 19 Aug 2015
- views: 8142
President Park highlights diversifying Korea-Kuwait economic cooperation 박 대통령
- Order: Reorder
- Duration: 2:12
- Updated: 03 Mar 2015
- views: 265
First we begin with President Park′s trip to the Middle East.
Before leaving for Saudi Arabia, she met with Korean and local business communities in Kuwait... a...
First we begin with President Park′s trip to the Middle East.
Before leaving for Saudi Arabia, she met with Korean and local business communities in Kuwait... and emphasized the importance of bolstering ties on the economic front.
Arirang′s presidential office correspondent Choi You-sun reports.
President Park Geun-hye continued to pitch Korean businesses in Kuwait, this time to the country′s business community.
At Monday′s bilateral business forum, she highlighted a synergy effect that can be achieved from Korea and Kuwait joining their innovation and industrial diversification growth initiatives.
"In line with the two sides′ economic innovation plans, we need to take a step forward in our economic cooperation."
Referring to Kuwait′s distribution infrastructure project, President Park said Korean companies are more than ready to participate, citing their 40-year experience in Kuwaiti infrastructure building.
She also talked about visiting a site earlier, where Korean companies are currently building a 48-kilometer-long bridge across the Bay of Kuwait.
The Korean president then emphasized a need for Korea and Kuwait to upgrade their cooperation in energy, from the current oil trade to joint ventures in oil exploration, development and production, as well as non-traditional energy sources like shale gas.
More than 1-hundred Korean and Kuwaiti SMEs held one-on-one business sessions, where a dozen deals worth 135 million dollars are near to being signed.
"It′s a shopping mall that has a two-kilometer roof and Korea′s D′strict Holdings has concluded a deal to build a children′s cafe there, worth some 100-thousand dollars."
"President Park now travels to Saudi Arabia, the second leg of her Middle East tour. Meeting with the leaders of Korea′s top oil-supplying nation, she plans to use diplomacy to expand cooperation into the fields of nuclear energy, health care and ICT.
Choi You-sun, Arirang News, Kuwait City."
wn.com/President Park Highlights Diversifying Korea Kuwait Economic Cooperation 박 대통령
First we begin with President Park′s trip to the Middle East.
Before leaving for Saudi Arabia, she met with Korean and local business communities in Kuwait... and emphasized the importance of bolstering ties on the economic front.
Arirang′s presidential office correspondent Choi You-sun reports.
President Park Geun-hye continued to pitch Korean businesses in Kuwait, this time to the country′s business community.
At Monday′s bilateral business forum, she highlighted a synergy effect that can be achieved from Korea and Kuwait joining their innovation and industrial diversification growth initiatives.
"In line with the two sides′ economic innovation plans, we need to take a step forward in our economic cooperation."
Referring to Kuwait′s distribution infrastructure project, President Park said Korean companies are more than ready to participate, citing their 40-year experience in Kuwaiti infrastructure building.
She also talked about visiting a site earlier, where Korean companies are currently building a 48-kilometer-long bridge across the Bay of Kuwait.
The Korean president then emphasized a need for Korea and Kuwait to upgrade their cooperation in energy, from the current oil trade to joint ventures in oil exploration, development and production, as well as non-traditional energy sources like shale gas.
More than 1-hundred Korean and Kuwaiti SMEs held one-on-one business sessions, where a dozen deals worth 135 million dollars are near to being signed.
"It′s a shopping mall that has a two-kilometer roof and Korea′s D′strict Holdings has concluded a deal to build a children′s cafe there, worth some 100-thousand dollars."
"President Park now travels to Saudi Arabia, the second leg of her Middle East tour. Meeting with the leaders of Korea′s top oil-supplying nation, she plans to use diplomacy to expand cooperation into the fields of nuclear energy, health care and ICT.
Choi You-sun, Arirang News, Kuwait City."
- published: 03 Mar 2015
- views: 265
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14:52
Economy: Kuwait heading for disaster
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks about the price of oil and K...
published: 10 Jul 2015
Economy: Kuwait heading for disaster
Economy: Kuwait heading for disaster
- Report rights infringement
- published: 10 Jul 2015
- views: 224
3:48
Kuwait: economy and GDP outlook
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about Kuwait's ec...
published: 28 Jul 2015
Kuwait: economy and GDP outlook
Kuwait: economy and GDP outlook
- Report rights infringement
- published: 28 Jul 2015
- views: 288
3:24
Economy: low oil prices "good for Kuwait"
Bader Al Humaidhi, Former Minister of Finance of Kuwait talks the impact of the low oil pr...
published: 10 Jul 2015
Economy: low oil prices "good for Kuwait"
Economy: low oil prices "good for Kuwait"
- Report rights infringement
- published: 10 Jul 2015
- views: 124
1:13
Kuwait Airways A300-600 economy class
From Jeddah to kuwait. On kuwait Airways A300-600.
published: 16 May 2009
Kuwait Airways A300-600 economy class
Kuwait Airways A300-600 economy class
- Report rights infringement
- published: 16 May 2009
- views: 33269
7:00
Kuwait's oil, banking, telecom, real estate, investment and industry sector overview
Faisal Hasan, Senior VP of Investment Research Department at KAMCO talks about the oil and...
published: 28 Jul 2015
Kuwait's oil, banking, telecom, real estate, investment and industry sector overview
Kuwait's oil, banking, telecom, real estate, investment and industry sector overview
- Report rights infringement
- published: 28 Jul 2015
- views: 316
0:32
Kuwait Airways A320 Economy Class
This is the Economy Class Cabin of Kuwait Airways A320
published: 14 Apr 2009
Kuwait Airways A320 Economy Class
Kuwait Airways A320 Economy Class
- Report rights infringement
- published: 14 Apr 2009
- views: 8476
0:29
Kuwait Airways Economy Class
Kuwait Airways Economy Class gives you the value for your economical expectations! Fly in ...
published: 18 May 2016
Kuwait Airways Economy Class
Kuwait Airways Economy Class
- Report rights infringement
- published: 18 May 2016
- views: 3
16:28
Kuwait Economy
The economy and the country of Kuwait is analysed and discussed as required by LB5236 Assi...
published: 21 Jun 2016
Kuwait Economy
Kuwait Economy
- Report rights infringement
- published: 21 Jun 2016
- views: 13
16:11
✈ (Flight Report) Emirates A380 - Kuwait to Mumbai (HD)
This video was shot on flight EK858 and EK500, live on the Emirates A380 from Kuwait Inter...
published: 19 Aug 2015
✈ (Flight Report) Emirates A380 - Kuwait to Mumbai (HD)
✈ (Flight Report) Emirates A380 - Kuwait to Mumbai (HD)
- Report rights infringement
- published: 19 Aug 2015
- views: 8142
2:12
President Park highlights diversifying Korea-Kuwait economic cooperation
박 대통령
First we begin with President Park′s trip to the Middle East.
Before leaving for Saudi Ara...
published: 03 Mar 2015
President Park highlights diversifying Korea-Kuwait economic cooperation
박 대통령
President Park highlights diversifying Korea-Kuwait economic cooperation 박 대통령
- Report rights infringement
- published: 03 Mar 2015
- views: 265
Economy: Kuwait heading for disaster...
Kuwait: economy and GDP outlook...
Economy: low oil prices "good for Kuwait"...
Kuwait Airways A300-600 economy class...
Kuwait's oil, banking, telecom, real estate, inves...
Kuwait Airways A320 Economy Class...
Kuwait Airways Economy Class...
Kuwait Economy...
✈ (Flight Report) Emirates A380 - Kuwait to Mumbai...
