Arabian Gulf Business Insight on MSN

Kuwait to spend $10bn on projects in 2026-2027

Kuwait has approved capital spending of about KD3 billion ($10 billion) in its 2026-2027 budget, more than a third higher than the previous year. Spending in the current fiscal year, which began on ...
Kuwait is officially kicking off its long-awaited railway project today, with the Minister of Public Works, Dr. Noura Al-Mashaan, set to sign the first major contract. According to sources familiar ...
Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Kuwait’s revived plans to finish a port meant to act as a major trading hub for the northern end of the Persian ...
The Kuwait Authority for Partnership Projects (KAPP) has launched a tender to build a 1,100 MW solar project in Al-Shaqaya, Al-Jahra Governorate, near Kuwait City. The KAAP said that project ...
As with many of its Gulf peers, Kuwait is undergoing a large-scale drive of infrastructure development as part of a broader mission to diversify its economy and reduce its reliance on hydrocarbons ...
KUWAIT CITY, July 16 (Reuters) - Kuwait plans to establish a new sovereign fund to develop its local economy, spearhead mega projects, and attract funds from foreign investors and the private sector, ...
The Al Shagaya renewable facility will have a total capacity of 2GW. Image: Kuwait Institute for Scientific Reseach The government of Kuwait has launched a tender for solar projects with a total ...
While mid-December attention has focused on historic parliamentary elections in Iraq, another important vote is shaping up to the south for mid-January. Kuwait’s government has instructed the ...