SAUDI INVESTMENT BANK NAMES FEMALE CEO

NCB Capital, a major Saudi Arabian investment bank, named Sarah Al-Suhaimi, an accomplished asset manager, as its new CEO. She is the first woman to head an investment bank in the kingdom. The Saudi government owns part of National Commercial Bank, which controls NCB Capital.

 
 
Source
Central bank

Central Bank of Kuwait

International Reserves

US$ 35,242 billion (Source: World bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 185 billion (2014 estimate)

GDP (Purchasing Power Parity)

161 billion of International dollars (2014 estimate)

Real GDP growth
2005 2006 2007 2008 2009 2010 2011 2012
10.1% 7.5% 6.0% 2.5% -7.1% -2.4% 6.3% 6.2%
2013 2014*            
0.8% 2.6%            

*Estimate

GDP per capita - current prices

US$ 46,342 (2014 estimate)

GDP per capita - PPP

$40,223 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.31% 0.17% 0.17% 0.17% 0.18%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 0.3% 
  • industry: 50.6% 
  • services: 49.1% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2010 2011 2012 2013 2014*
4.5% 4.9% 3.2% 2.7% 3.4%

*Estimate

Unemployment rate
2010 2011 2012 2013 2014*
2.1% 2.1% 2.1% 2.1% 2.1%

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
10.9% 8.2% 6.4% 5.3% 5.1%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
24.5% 33.3% 34.1% 28.9% 25.2%

*Estimate  

Government bond ratings

Standard & Poor's: AA

Moody's rating: Aa2

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Sept 22 2014)

Market value of publicly traded shares
2010 2011 2012
US$NA billion US$100.9 billion US$97.09 billion

2010 Estimate    2012 Estimate

Largest companies in Kuwait

National Bank of Kuwait, Kuwait Finance House, Zain, Kuwait Projects (2014)

 
 
Source
Current account balance

US$ 69.374 billion (2014 estimate)

Current account balance by percentage of GDP

37.439% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

70.6% (2012)

(Data released on Oct 2014)

Shares in world total merchandising export

0.65% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.21% (2012)

(Data were released in 2014)

Total exports

US$112.0 billion (2013 estimate) 

Export commodities

oil and refined products, fertilizers

Total imports

US$24.42 billion (2013 estimate) 

 
 
Source
Import commodities

food, construction materials, vehicles and parts, clothing

Exports - major partners

South Korea 16.1%, India 15.7%, Japan 13.4%, US 11.7%, China 9.2%, Singapore 4.2% (2013 est.)

Imports - major partners

US 11.8%, China 9.2%, Saudi Arabia 8.6%, Japan 8.2%, South Korea 6.9%, German 5.1%, India 4.6%, UAE 4.4% (2013 est.)

FDI inflows
2011 2012 2013
US$ 3,260 million US$ 3,931 million US$ 2,329 million
FDI outflows
2011 2012 2013  
US$ 4,434 million US$ 3,231 million US$ 8,377 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$ -10,793 million US$ 2,078 million US$ 376 million US$ 258 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 104 out of 189 countries (2013)

Subcategories:

Starting a business: 152 out of 189 countries

Enforcing Contracts: 119 out of 189 countries

Registering Property: 90 out of 189 countries

Getting credit: 130 out of 189 countries

Protecting investors: 80 out of 189 countries

Trading across border: 112 out of 189 countries

Paying Taxes: 11 out of 189 countries

Dealing with Construction Permits: 133 out of 189 countries

Getting Electricity: 59 out of 189 countries

Resolving Insolvency: 94 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

40

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 76 Score: 62.3 (Moderately Free) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Total area

17,818 km2 (2006)

Capital

Kuwait (2009)

Currency

Kuwaiti dinars (KD) (2009)

Government type

constitutional emirate (2009)

Languages

Arabic (official), English widely spoken

Religions

Muslim 85% (Sunni 70%, Shia 30%), other (includes Christian, Hindu, Parsi) 15%

Total population
1980 1990 2000 2012* 2017**
1.37 million 2.13 million 2.22 million 3.79 million 4.34 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
74.9% 94.8% 98.2% 98.3%
Population median age

28 years (2010)

Population growth rate

2.9% (2011)

Life expectancy

74 years (2010)

Adult literacy

94% (2005/2010)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:4
Civil Liberties:5 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

181.47% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

74.2% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Kuwait City: 159th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

30.3085 (Data were released in 2012 and refer to 2009)

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2009

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