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Kuwait attracts leading US financial firms, boosting its role as a regional hub - Times Kuwait
Summary by timeskuwait.com
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Kuwait attracts leading US financial firms, boosting its role as a regional hub - Times Kuwait
Analysts note that this influx of international players could enhance Kuwait’s competitiveness, attract more foreign capital, and raise confidence among global credit rating agencies, which currently assign Kuwait strong ratings of AA- (Fitch), A+ (S&P), and A1 (Moody’s). Despite the positive outlook, challenges remain, including oil price volatility and geopolitical risks. The 2025–2026 budget assumes an average oil price of around $68 per barr…
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