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Shortages hit Kuwaiti economy as dysfunctional politics system take its toll

With Kuwait's emir regularly out of the country to receive medical treatment, Crown Prince Mishaal Al-Ahmed is overseeing a fragile political system in which ministerial resignations are almost as frequent as clashes between parliament and the executive, and deteriorating public services are undermining public confidence. Inertia and dysfunction have led Kuwait to fall behind its wealthy neighbours to the south, with medicine shortages just the latest indication of an unhappy direction of travel which adds to pressures for an eventual revised social compact to avoid even greater troubles. 

Issue 1176 - 15 September 2023

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UAE gambling body sets a benchmark for the GCC region’s globalised economic diversification

The UAE's early September announcement that it had set up a federal gambling regulator is a further sign of how the competition between regional economies is pushing them to diversify into areas that would previously have been regarded as too sensitive or even taboo.

Issue 1176 - 15 September 2023

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