New era, new challenges

摘要

Despite the enormous riches stemming from $70-a-barrel oil, strong growth and good prospects across all sectors, the jury's out on whether Kuwait's leadership has the political will to achieve its potential. Stephen Timewell explains. Following the smooth political transition to new leadership under the new Amir, Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, after the death in January of the ailing Amir, Sheikh Jaber, the stage has been set for some major structural changes in Kuwait, which range from getting huge, long-awaited ventures, such as Project Kuwait, off the ground, to putting the new ruler's vision of Kuwait as a regional financial centre (see page 120) into practice.