Contenders in Kuwait’s line of succession

Contenders in Kuwait’s line of succession

**Written and disseminated to select contacts on March 27, 2020**

Uncertainty over the line of succession is becoming an increasingly important topic for Kuwait, where political deadlock has largely prevented the ultra-wealthy and low-populated country from enacting reforms to diversify its economy and run its public finances in a more sustainable and transparent way. In the event of the passing of its ruler, Emir Sheikh Sabah (91 this year), Crown Prince (CP) Sheikh Nawaf will take power. However, at 82 years old, his reign may be short-lived. This makes the choice for CP and next-in-line for the throne highly significant.

Courtney Freer | CA Consultant | contact@castlereagh.net

Contenders in Kuwait’s line of succession

Government push essential to Oman’s diversification plan, but oil market rout will weigh

**Written and disseminated to select contacts on March 12, 2020**

The accession of Sultan Haitham bin Tariq al-Said in Jan injected new vigour into a much needed but potentially unpopular reform process. A top-down political and economic reform agenda will be implemented, with a view to spurring foreign investment in multiple sectors.

Rachna Uppal |Senior Analyst Business & Finance Gulf | r.uppal@castlereagh.net

Grand designs: are Saudi Arabia’s infrastructure plans too ambitious?

Grand designs: are Saudi Arabia’s infrastructure plans too ambitious?

Saudi Arabia has announced a trillion-dollar pipeline of infrastructure projects aimed at diversifying the economy beyond oil and positioning the kingdom as a global hub for investment and logistics. The development agenda has created opportunities in a range of new areas such as smart cities, tourism and clean energy. But while the country is telling the world that it’s open for business, the plans are beset by challenges: low levels of foreign direct investment and shaky investor confidence coupled with corporate financing constraints will require new approaches in politics and governance.