August 21, Kuwait is rolling out one of its most ambitious development drives to date, with plans to attract up to KD10bn ($32.6bn) in private and foreign investment, generate annual revenues of KD1bn ($3.26bn) by 2030, and create more than 50,000 new jobs. The programme is anchored in the New Kuwait 2035 Vision and combines sweeping reforms, strategic partnerships, and mega projects in energy, transport, infrastructure, smart cities, and industrial zones.

August 14, Kuwait's Minister of Public Works chaired a meeting of the Ministerial Committee to follow up on the implementation of agreements and MOU with China. The meeting reviewed the progress of 22 development projects, focusing on strategic areas such as the Mubarak Al - Kabeer Port project, electric power and renewable energy development, low - carbon waste recycling systems, housing projects, wastewater treatment infrastructure, and the development of free and economic zones.

August 12, The Kuwaiti Government Information Center has unveiled a new, streamlined tourist visa system with four distinct categories designed to accommodate travelers of varying nationalities and purposes. Single-entry visas permit stays of 30, 60, or 90 days, while multiple-entry visas, valid for 3 months, 6 months, or 1 year, allow for 30-day stays per entry.   

August 10,  Kuwait officially starts allowing residents of Gulf Cooperation Council (GCC) countries to obtain a tourist visa on arrival, announced First Deputy Prime Minister and Interior Minister of Kuwait.

July 27, Kuwait’s population has officially crossed five million for the first time, according to mid-2025 figures released by the Public Authority for Civil Information (PACI). The country’s total population now stands at 5,098,000, with expatriates making up 70 per cent (3,547,000) and Kuwaiti citizens accounting for 30 per cent (1,550,000).

July 24, Kuwait ranked second in the Gulf region for the lowest overall cost of living in the first half of 2025, just behind Oman. It ranked 12th among Arab countries and 247th globally out of 404 countries in the Numbeo Global Cost of Living Index.

July 4, Kuwait has unveiled a new electronic visa system designed to streamline entry procedures for travellers and residents, in a major step toward modernising the country’s digital infrastructure and enhancing its appeal as a regional hub for tourism, investment, and international cooperation.

July 3, Kuwait has unveiled executive regulations regarding its tax on multinational entities, anticipating that the levy will generate KWD250 million ($819.2 million) in annual revenues. The country’s Ministry of Finance stated that the new regulations outline the introduction of a supplementary domestic minimum tax (DMTT) under the multinational entities (MNEs) group tax.    

June 29      The Communications and Information Technology Regulatory Authority has announced the launch of advanced fifth-generation technology in Kuwait, marking a significant milestone in the nation’s digital transformation journey and laying the groundwork for future sixth-generation advancements.

June 13         Kuwait has introduced a major change to its labor market regulations by imposing a flat KD150 fee on all work permit transfers, ending all previous exemptions. The new rule, effective June 2025, applies to every sector and employer.

June 10        Kuwait’s Prime Minister chaired a meeting on the Northern Economic Zone, including Silk City, focusing on boosting private sector involvement with flexible laws and incentives, while ensuring full Kuwaiti sovereignty and an investor-friendly environment.

May 28        S&P Global affirmed Kuwait's long-term credit rating at “A+” with a stable outlook, forecasting the country's economy to grow 2% in 2025-2026. In its latest report, the US-based agency said that due low oil prices and large expenditure, Kuwait is forecast to run a high fiscal deficit in the upcoming two to three years.

May 5        In 2024, Kuwait's tourism revenue reached a historic high of 692.5 million Kuwaiti Dinars (approximately 2.3 billion USD), marking a 30% year-on-year increase. This highlights the effectiveness of the government's efforts to revitalize domestic tourism, improve infrastructure, enhance entertainment experiences, and provide visa facilitation measures.

April 15, Egypt and Kuwait have agreed to advance bilateral economic, investment, and trade relations in a joint statement. The Kuwaiti side expressed its intention to invest in the Egyptian economy and benefit from numerous investment opportunities in Egypt in the fields of energy, agriculture, industry, information technology, real estate development, banking, and the pharmaceutical industry. 

April 04, The 2024 statistical report from Kuwait's Public Authority for Civil Information highlights five key regions-salmiya, Farwaniya, Jleeb Al-shuyoukh, Hawaland Mahboula-as the most densely populated in the country. Given their high population concentrations, these areas demand strategic infrastructure and public service improvements. 

March 25         Kuwait's passenger vehicle imports fell by 7.7%, or KD 110.9 million, to KD 1.333 billion in 2024, down from KD 1.44 billion in 2023. Meanwhile, Kuwait’s imports of machinery, appliances, and electrical equipment fell by KD 171.3 million, or 8%, to KD 1.955 billion in 2024, compared to KD 1.99 billion in the previous year.

March 18         Kuwait and China signed a framework agreement which included a commitment to cooperate in renewable energy and solar plants technology. The agreement outlines a plan, overseen by the Chinese side, for the third and fourth zones of the Al-Shagaya and Al-Abdiliya solar plants projects. 

March 12         Kuwait is implementing tourist "transit" visas for those entering the country for a specific number of days before continuing their travels, following the success of the "Khaleeji Zain 26" Championship and its positive impact on tourism and the national economy. 

March 9         Fitch Ratings has reaffirmed Kuwait's Long-Term Foreign-Currency Issuer Default Rating at AA-, with a stable outlook due to the country’s strong fiscal position and external financial consistency.

February 20, Director of the Renewable Energy Department confirmed that Kuwait is on track to produce 30% of renewable energy by 2030. This ambitious goal, which exceeds the targets set by some other countries, highlights Kuwait's leadership and commitment in using renewable energy.  

February 16, Kuwait's tourism project will attract 100,000 foreign visitors annually. With an estimated cost of KD 12 million, the project is set for completion by 2028, currently in its preparatory phase, and expected to generate about 1,830 job opportunities for Kuwaiti professionals upon operation.     

February 16, Kuwait has introduced sweeping reforms to its property ownership laws, granting expatriates new rights to own real estate under specific conditions. 

February 15, Kuwait is rapidly emerging as a regional powerhouse in the data center and technology sectors. The market for data centers in Kuwait is expected to grow substantially, with investment reaching an impressive $340 million by 2029.

January 30       Consumer spending in Kuwait hit record levels in 2024, underpinned by a growing preference for card payments and a thriving ecommerce industry. Figures from the Central Bank of Kuwait for 2024 showed spending reached KD47.81 billion ($155.7 billion), a rise of 4.4 % from the previous year.     

January 17        Kuwait was ranked as the second-lowest Gulf country in terms of the overall cost of living. The ranking placed Kuwait in 12th place in the Arab world and 80th globally out of 139 countries included in the survey, indicating a relatively lower cost of living in Kuwait.

January 12       The Kuwaiti Cabinet approved a draft law imposing a 15% tax on multinational enterprises operating in more than one country or jurisdiction. The law, which came into effect in January 2025, is aimed at diversifying Kuwait's income sources, reducing reliance on oi, building a resilient economy, and addressing future challenges.

December 30, Kuwait will impose a minimum top-up tax of 15% on multinational enterprises operating in the country, starting in January. The finance ministry said the implementation of the tax comes under its efforts to diversify the Gulf country's sources of income.

December 18, The number of people using Kuwait International Airport increased by a third between 2014 and 2023, new data from Kuwait's General Administration of Statistics shows. In 2023 15.5 million passengers came through the airport, up from 10.1 million nine years ago.

December 16, Companies from five countries accounted for 62.6% of foreign direct investment in Kuwait, which totaled KWD 1.74 billion by the end of 2024. The Netherlands came first, accounting for 27.95% of total investments. Chinese companies followed in second place, accounting for 12.5% of total investments with total investments amounting to about KWD 147.4 million.   

December 10, The Kuwaiti economy is expected to remain in recession through 2024, but is projected to recover over the medium term, the International Monetary Fund said. Real GDP will shrink by 2.8% in 2024, primarily due to additional Opec+ production cuts. However, economic activity will rebound in 2025, with a projected growth of 2.6 %, as production curbs begin to unwind.   

November 13         Kuwait ranks sixth in the Gulf and 100th globally among the world’s most influential financial centers for 2025. In the Arab world, Dubai ranked first and tenth globally, followed by Abu Dhabi in second place and 20th globally, then Doha in third at 68th globally, Riyadh in fourth at 77th globally. 

November 13        The country's e-commerce volume exceeded 500 million dinars, with a growth rate of 11.33% from 2018 to 2023, and is expected to rise to 12.57% annually from 2024 to 2028. 

November 9        Kuwait has announced new rules for real estate ownership. Citizens of the UAE, Saudi Arabia, Oman, Bahrain and Qatar are able to purchase property in Kuwait without any restrictions, recognizing the close bond between GCC countries. 

November 5         S&P Global revealed that the non-oil sector in Kuwait regained momentum, with the PMI rising to 52.7 in October, up from 50.3 in September to reach its highest level in seven months.