Kuwait Launching FEZ
World Economy

Kuwait Launching FEZ

Kuwait has said it will establish a free economic zone on five islands with large investments open to the private sector. The decision was taken by the Persian Gulf Arab state’s supreme planning council which met late Wednesday, the KUNA news agency reported.  Planning Minister Hind Al-Sabeeh said the project is based on inviting local, regional and international private sectors to finance, execute and operate the zone. She said the zone will be the economic gateway for the northern Persian Gulf Arab country once completed.

Short URL : http://goo.gl/hfdvAm
  1. http://goo.gl/r8slG0
  • http://goo.gl/3beHwV
  • http://goo.gl/vZ6vp1
  • http://goo.gl/8uF0mD
  • http://goo.gl/RrdThS

You can also read ...

Both, Russia and China, have intensified efforts in recent years to settle bilateral trade not in US dollars, but in rubles and yuan. Gold is considered important by both countries.
The issue of when a global reserve currency begins or ends is...
Norway’s Sovereign Wealth Fund  Hits $1 Trillion
The Norwegian sovereign wealth fund, the largest in the world...
Janet Yellen
As the Fed starts unwinding the stimulus it provided to snap...
Multinational digital firms, mostly based in the US, have pushed for globally harmonized rules that would provide predictability and limit the space for national governments to intervene in digital flows.
The increasing digitization of the global economy is changing...
Kazakh Economy Grows by 4.3%
The economic growth in Kazakhstan was at 4.3% since the...
Ukraine Raises $3b in First Bond issue
Ukraine has raised $3 billion in its first sovereign bond...
Hungary CB Rate on Hold
The Monetary Council of the National Bank of Hungary, or MNB,...
The IMF could write off its debt and lighten Greece’s burden.
“Beware of Greeks bearing gifts,” wrote the ancient Roman poet...