Kuwait: Investment Climate Statement 2015 Contributor(s): Penny Hill Press (Editor), United States Department of State (Author) |
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ISBN: 1532801823 ISBN-13: 9781532801822 Publisher: Createspace Independent Publishing Platform OUR PRICE: $12.30 Product Type: Paperback - Other Formats Published: April 2016 |
Additional Information |
BISAC Categories: - Political Science | Human Rights - Business & Economics | New Business Enterprises |
Physical Information: 0.05" H x 8.5" W x 11.02" (0.18 lbs) 24 pages |
Descriptions, Reviews, Etc. |
Publisher Description: In 2013, Kuwait attracted USD2.3 billion of FDI, more than GCC peers Bahrain, Oman, and Qatar, but less than Saudi Arabia and the United Arab Emirates (UAE). Low levels of FDI limited efforts to diversify the economy away from the petroleum sector. Barriers to foreign investment exist, including long bureaucratic delays in starting new enterprises, agency and sponsorship requirements, and a local business culture heavily based on clan and family relationships that often preclude foreign participation. |