Narrow Results

This chapter describes the historical background of Kuwait as one of the wealthiest countries in the world (by GDP per capita). Entrepreneurial activities and actual policies for the development of entrepreneurship in the country are analysed and described. It also includes essential facts regarding promoting activities of entrepreneurship and the role of the government in creating a favourable environment for domestic and foreign entrepreneurs. The chapter ends with providing useful recommendations on what should be done in the future for the development of entrepreneurship in Kuwait. Besides tables and figures, the chapter includes original pictures of relevant entrepreneurial examples in Kuwait.

This last chapter overviews each country in the GCC. It provides general information about the socioeconomic development of each GCC country, emphasising the economic performance of each State. It also gives readers the opportunity to get to know future perspectives of each GCC nation. Final words of the chapter describe the GCC members as the fertile soil for FDI activities, stressing the fact that the region has a favourable cross-cultural environment.

This chapter focuses on several important aspects of the business context of Kuwait. First is giving an overview of Kuwait’s historical, political and economic development since its inception. Second, the chapter addresses the characteristics of Kuwait’s business framework conditions and continues with Kuwait’s ranking in terms of ease of doing business, wherein details of the ecosystem dimensions are described. The chapter concludes with providing a brief outlook for the future and provides a few insights and recommendations.