Business Sector

Kuwait Retail Sector Positioned for Significant Growth

Aug 13, 2019

Kuwait’s retail sector is small in absolute terms when compared to regional peers like the UAE or Saudi Arabia. However, Kuwait has one of the highest concentrations of international retailers in the GCC, with luxury segment proving to be a major draw.

Combining technology with Brick and Mortar stores in the GCC: 6 ideas

May 20, 2019

Euromonitor International projects that the retail sales across Kuwait, Oman, Saudi Arabia and UAE will increase by more than USD 24 billion over the next five years. The UAE retail industry currently (worth USD 55 billion) will lead the trend reaching to USD 63.8 billion by 2023, at an estimated growth rate of 16%.

Novel liquidity instruments need of the hour for Islamic financial institutions

Feb 11, 2019

Islamic finance is still a relatively small part of the broader financial services industry. Compared to the conventional industry, Islamic finance lacks adequate liquidity instruments as Shariah restrictions limit the number of instruments that could be used for liquidity management. Islamic interbank and money markets also lack the volume and diversification of conventional markets leading to a sectoral disadvantage from the outset.

Abraaj Episode & Implications for GCC Private Equity Industry

Sep 09, 2018

Abraaj Episode & Implications for GCC Private Equity Industry. Globally, private-equity (PE) firms manage about USD 3 trillion of capital for various investors such as pension funds, sovereign wealth funds, endowments and High Net worth Individuals (HNWI). However, less than USD 18bn of that (approximately, 0.6%) is managed by PE firms based in the Middle East region. The minuscule proportion of the Assets under Management (AuM) of the regional PE industry sets clear perspective on the size of PE industry in the region compared with the global level. Recently, the success stories of Souq (acquired by Amazon), Careem and Talabat hogged the limelight and reinvigorated the fortunes of the i..

Natural Gas over Oil: The Changing Narrative

May 13, 2018

Natural Gas over Oil: The Changing Narrative. For several decades, gas sector has been on the backseat largely overshadowed by oil, which commanded a larger market compared to the aggregate of all the other commodity markets. Natural gas, the least polluting fossil fuel compared to its peers such as coal and oil is set for a major transformation. The commodity's long-term demand is expected to soar in the coming years due to transition towards a low carbon future and growing usage of natural gas specifically in the Asia-Pacific region.

GCC SWFs Asset Allocation Strategies

Mar 25, 2018

GCC SWFs Asset Allocation Strategies. The GCC SWFs are bestowed with the responsibility to preserve and grow the national wealth for the future generations and simultaneously, facilitate social development, economic diversification and enhancement of the domestic infrastructure. Based on these objectives the SWFs have been successful in devising and executing their investment strategy in the past. However, over the last few years, the regional SWFs have been operating under several challenges such as low interest rates, new normal oil prices, geopolitical shocks and beginning of quantitative tightening. These significant macroeconomic challenges translate into an extremely difficult investme..