close
NEW PORT: USS Gerald R Ford is stationed at Newport News Shipbuilding in Newport News, Va. The $12.9 billion warship, the first of the Navy’s next generation of aircraft carriers, is in the final stages of construction after cost overruns and a delay of more than one year. — AP
NEW PORT: USS Gerald R Ford is stationed at Newport News Shipbuilding in Newport News, Va. The $12.9 billion warship, the first of the Navy’s next generation of aircraft carriers, is in the final stages of construction after cost overruns and a delay of more than one year. — AP

$12.9 billion, 4.5 acres: Navy's next-generation aircraft carrier

KUWAIT:  The Arab Investment and Export Credit Guarantee Corporation (Dhaman) said on Monday that Kuwait was ranked fifth in Dhaman’s largest exports in the Arab region 2023 list in the 39th report of Investment Climate in Arab Countries for 2024.

In a press release, Dhaman stated that according to the report, Kuwait was ranked with 13 projects worth USD 2.5 billion (KD 918 million), that provided 2,000 job opportunities, and received eight new foreign direct investment projects during 2023 valued USD 83 million (KD 27.7 million) providing 329 job opportunities.

Dhaman added that Kuwait was ranked fourth on Arabs and 41st globally in the Composite Index for Investment Components for 2023, which rose two ranks compared to 2022, noting that Dhaman monitors the performance of 158 countries, including 21 Arab countries, in 190 main and sub-indicators in related fields.

Kuwait was also ranked sixth on Arabs with direct foreign investments worth USD 2.1 billion (KD 688 million) with 3.1 percent shares from total imports to Arab countries amounting USD 67.7 billion (KD 22.2 billion).

Dhaman also added that Kuwait ranked 14th on Arabs with USD 16.6 billion (KD 5.5 billion) with 1.5 percent shares of the total stocks of foreign direct investments of the total stocks of cumulative foreign direct investments imports to Arab countries which exceeded USD one trillion.

The Arab Investment and Export Credit Guarantee Corporation (Dhaman) is a pioneer multinational organization that provides guarantee services against commercial and noncommercial risks. Established in 1974 in Kuwait as the first multilateral investment guarantee provider in the world, Dhaman is owned by the governments of Arab states and four Arab financial institutions. — KUNA

By nature, human beings are considered social creatures. Yet, in reality, we tend to be more “team-oriented” than truly social. From the moment we enter the world, society begins to shape us—not to engage openly with diverse ideas, but to pick...
Cancer remains one of the most pressing health and social challenges confronting modern societies, with colorectal cancer emerging as a significant concern in Kuwait. According to recent health statistics, colon cancer ranks as the most common type ...
MORE STORIES