ARCHIVE

One measure the govern-ment took in 2004 to fight illegal diamond trafficking was to set up the Diamond Security Corps, or CSD.

2011 marks an emblematic year for this democratic state, which has set in motion essential plans for growth and development.

Kuwait’s government makes smart investments to ensure a comfortable future for its citizens

As far back as the 19th century when the country was known as a thriving commercial hub, Kuwaitis have been an outward looking people, learning languages for trade and collaborating with other countries for security and commerce.

In 2010, Kuwait unanimously  approved a $104 billion Development Plan through 2014

The country’s financial institutions will play a greater role in financing new projects and move the sector significantly closer to achieving the Emir’s goals

The Government of Kuwait is expected to carry out 50% of the KDP funding, with the remainder looking to be contributed by the private sector. In turn, banks will play a leading role in the KDP, as private sector participation is spurred. To encourage banks’ participation, the government has pledged $36.3 billion as a sign of good faith and to encourage bank lending.

Who can offer new, exciting and innovative services in this competitive market?

In Kuwaiti telecoms, big dinars are spent on numbers—phone numbers, that is.