The investment climate in Kuwait is set to evolve significantly following the recent signing of a Memorandum of Understanding (MoU) between the Oxford Business Group (OBG) and the American Business Council – American Chamber of Commerce in Kuwait (ABCK-AmCham Kuwait). This partnership is aimed at producing The Report: Kuwait 2025, which highlights the country’s economic transformation and investment opportunities across various sectors.
The MoU, signed on March 12, 2025, marks OBG’s 20th year of conducting on-the-ground research within Kuwait, reinforcing its commitment to delivering comprehensive economic analysis. This publication also coincides with OBG’s 30th anniversary, signifying its extensive experience and expertise in providing business intelligence across developing markets.
Under this agreement, AmCham Kuwait will provide valuable insights and expertise to The Report: Kuwait 2025, ensuring the analysis covers significant trends around trade, investment, energy, technology, and financial services, which are pivotal for the long-term growth of the country.
Pete Swift, Chairman of AmCham Kuwait, expressed the importance of this collaboration, stating, “Our continued partnership with Oxford Business Group showcases the importance of strategic collaboration in strengthening Kuwait’s business environment. The Report: Kuwait 2025 will deliver insightful intelligence about rising opportunities and developments within the regulatory framework, providing businesses with the tools to navigate the changing market.”
With Kuwait's economy undergoing substantial shifts aimed at reducing dependency on hydrocarbons, The Report: Kuwait 2025 will focus on the regulatory environment and business reforms affecting investment climate and growth potential. The publication is expected to offer stakeholders a data-driven assessment of the opportunities available across various sectors.
According to Cristina Mirica, OBG’s Country Director for Kuwait, AmCham Kuwait plays a pivotal role. “Their input will enrich The Report: Kuwait 2025 by ensuring it contains detailed examinations of the economic environment. We will shed light on regulatory reforms and digital transformation, which are aspects necessary for inviting more trade,” Mirica noted.
The report is also set to showcase AmCham Kuwait’s initiatives like policy dialogues and industry events, aiding the cultivation of partnerships and fostering collaboration within the business community. This forward-looking publication will feature exclusive interviews with prominent business leaders such as Mai Alowaish, CEO of Kuwait Credit Bureau (CINET); Khaled AlShamlan, Group CEO of KFH; Abdulaziz Ghazi Alnafisi, CEO of Salhia Real Estate Company; Sheikh Nawaf S. Al-Sabah, CEO of Kuwait Petroleum Company; and Isam Al Sager, CEO of NBK.
This partnership between OBG and AmCham Kuwait serves to reinforce OBG's commitment to offering precise economic analysis across various developing markets, whilst also augmenting AmCham Kuwait’s role as a driver of private sector engagement and investment growth.
OBG is known internationally for its distinctive approach to providing on-the-ground intelligence across rapid-growth markets, offering insights through extensive reports and advisory services. With operations extending to over 30 countries—including regions across Africa, the Middle East, Asia, and the Americas—OBG continues to define its expertise as the go-to source for businesses seeking opportunities within these markets.
Through products including the widely recognized The Report series, client-focused surveys, and exclusive interviews, OBG delivers thorough insights and analysis of the macroeconomic and sector-level developments necessary for sound investment decisions.
For those interested in staying updated, OBG provides regular economic news and analysis through various subscription platforms, ensuring access to the latest developments affecting the global investment climate.
The Report: Kuwait 2025 will not only spotlight the current state of Kuwait’s economy but will also serve as a strategic tool for businesses planning their next move within this dynamic market. The collaboration is set to yield invaluable insights, propelling Kuwait’s diversification agenda and enhancing its investment framework.
With the collective efforts of OBG and AmCham Kuwait, stakeholders stand to gain from enhanced knowledge of the investment scene as Kuwait positions itself for future growth beyond oil dependency. The combined focus on technology, financial services, and regulatory advancements opens new avenues, promising enhanced economic engagement and prosperity for years to come.