Kuwait

Kuwait Al Zour Refinery Reaches Full Production: Gulf’s Largest Refinery Hits 615,000 Barrels Per Day Capacity

Kuwait's Al Zour Refinery has reached its full designed production capacity of 615,000 barrels per day in 2026, making it the Gulf's largest refinery and one of the world's ten most productive, with output primarily targeting export markets in Asia and Europe and reducing Kuwait's dependence on imported petroleum products.

Kuwait Investment Authority Grows Assets to USD 969 Billion, Reinforcing Gulf’s Sovereign Wealth Dominance

The Kuwait Investment Authority has grown its assets under management to an estimated USD 969 billion in 2026, maintaining its position as one of the world's five largest sovereign wealth funds and continuing its strategy of diversifying Kuwait's national wealth across global equities, private equity and infrastructure.

Kuwait’s South Saad Al-Abdullah New City: $863 Million Infrastructure Push for 400,000-Resident Development

Kuwait's South Saad Al-Abdullah New City — a 64 square kilometre development for up to 400,000 residents across 23,551 plots — has $863 million in contracts underway, with main roads at 55.6 per cent complete as Kuwait's largest housing programme accelerates under Vision 2035.

Kuwait’s KIA Crosses $1 Trillion in Assets, Joins Microsoft and BlackRock’s $30bn AI Infrastructure Partnership

Kuwait Investment Authority crossed $1.072 trillion in assets under management as of May 2026 — one of just five global sovereign funds to break the trillion-dollar barrier — and deployed its first major act of that scale into the Microsoft and BlackRock-backed $30 billion AI Infrastructure Partnership.

Kuwait and Oman Post Steady 2.6-2.9% Growth as Smaller GCC Economies Diversify Beyond Oil

Kuwait and Oman each posted GDP growth of between 2.6 and 2.9 per cent, with both countries implementing accelerated economic diversification strategies — including Kuwait's fuel reserve expansion and Oman's utility-scale solar-plus-storage projects — to reduce dependence on hydrocarbon revenues.

Kuwait 2026: Rediscovering the Gulf’s Original Trading Hub and Its Vision for the Future

Kuwait City does not often top travel wish lists. Sandwiched between Saudi Arabia and Iraq, with a coastline on the Gulf and a skyline...

GCC Aviation Update: Kuwait Airport Resumes Full Operations After Disruption, Travel Advisory

Kuwait International Airport has resumed full commercial operations following a temporary closure after its terminal was struck by drones in an incident on the...

Kuwait Launches KWD 2 Billion Smart Infrastructure Initiative Under New 5-Year Development Plan

Kuwait's Council of Ministers has approved a KWD 2 billion (approximately USD 6.5 billion) Smart Infrastructure Initiative as the cornerstone of its 2026-2030 Five-Year...

Kuwait Investment Authority: The World’s Oldest Sovereign Wealth Fund and Its Strategy

The Kuwait Investment Authority (KIA), established in 1953, holds the distinction of being the world's oldest sovereign wealth fund, predating most modern institutional investment...

Kuwait Petroleum Corporation: Steward of the Gulf State’s Oil Legacy

Kuwait Petroleum Corporation (KPC) is one of the most significant oil companies in the world, yet it operates with considerably less international profile than...

Kuwait Business Setup 2026: How to Register a Company and the Role of a Local Sponsor

Kuwait has one of the more complex business registration environments in the GCC, with requirements for local sponsorship in many business activities and historically...

Kuwait Banking and Finance 2026: NBK, Kuwait Finance House and CBK Regulatory Framework

Kuwait's banking sector is one of the most well-capitalised and financially healthy in the GCC. Home to some of the region's most respected banking...

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