Online Course: Doing Business in Kuwait

Syllabus of the Online Course / Subject- Foreign Trade and Doing Business in Kuwait.

1. Introduction to the State of Kuwait (the Middle East)
2. Kuwaiti Economy
3. Doing Business in Kuwait City
4. Business Opportunities in Kuwait
5. Foreign Trade of Kuwait
6. Foreign Direct Investment (FDI) in Kuwait
7. Case Study: diversification of the Kuwaiti Petroleum industry
8. Arab Fund for Economic and Social Development
9. Kuwait Fund for Arab Economic Development
10. Introduction to Arabic
11. Access to the Kuwaiti market
12. Business Plan for Kuwait

Kuwaiti Businessman.

1. Nasser Al Kharafi
2. Shaikha Al Bahar
3. Jawad Ahmed Bukhamseen
4. Maha Al-Ghunaim

The objectives of the Online Course / Subject “Foreign Trade and Doing Business in the State of Kuwait” are the following:

1. To analyse the Kuwaiti economy and foreign trade
2. To evaluate business opportunities in the State of Kuwait
3. To explore Kuwaiti trade relations with the student's country
4. To know Kuwaiti Free Trade Agreements
5. To examine the profile of the Kuwaiti Business People
6. To know the importance of the Kuwaiti funds for development
7. To develop a business plan for the Kuwaiti market

Sample of the e-learning Course / Subject - Doing Business in Kuwait:

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Description of the Course / Subject (Online Learning): International Trade and Doing Business in Kuwait

The State of Kuwait:

1. The most populated region is the capital, Kuwait City
2. Besides being the economic and commercial centre of Kuwait, Kuwait City is a major oil and petroleum products production port
3. Borders of Kuwait: Iraq and Saudi Arabia
4. Abolition of Slavery in Kuwait: 1949
5. Independence from the United Kingdom: 1961
6. Population of Kuwait: 4 million people
7. Area: 17,820 square kilometres
8. Kuwaiti official language: Arabic

Religion in Kuwait.

1. Islam Sunni is the main religion of Kuwait
2. Main school of Islamic Jurisprudence is Maliki

Kuwait belongs to the Arab Economic Area (Islamic Civilisation).

Economy of Kuwait.

1. The Kuwaiti economy is as small, wealthy, and open (GDP was 149,000 dollars)
2. The vast reserves of petroleum are the pillar of the Kuwaiti economy (petroleum and its derivatives generate 95% of exports of the State of Kuwait)
3. The State of Kuwait produces an average of 2.6 million barrels a day
4. The proven natural gas reserves of the State of Kuwait are 1% of the world reserves
5. In the non-petrol sector, the main activities are desalination, food processing, building materials, plastics, cement, and metal products
6. The Kuwaiti services sector represents about 34% of GDP.
7. The Kuwait Stock Exchange is the third largest in the Middle East (behind Egypt and Saudi Arabia)
8. The commercial distribution sector has grown significantly in recent years (malls)
9. Currency: Kuwaiti Dinar (KWD)

Foreign Trade of Kuwait

1. Main products of the Kuwaiti exports are petroleum and oil products and fertilizers
2. Main destinations of the Kuwaiti exports are Japan 19.9%, South Korea 17%, Taiwan 11.2%, Singapore 9.9%, US 8.4%, the Netherlands 4.8%, and China 4.4%
3. Main products imported from the State of Kuwait products are food, building materials, cars and parts, and clothes
4. Main origins of the Kuwaiti imports are the US (12.7%), Japan (8.5%), Germany (7.3%), China (6.8%), South Korea, Saudi Arabia, Italy, and the United Kingdom

Kuwait has Free Trade Agreements (FTA) as a member of the Gulf Cooperation Council (GCC) with China, Korea, Australia, the European Free Trade Association (EFTA), New Zealand, Thailand, and the MERCOSUR.

1. European Union-Gulf Cooperation Council (GCC)
2. India-Gulf Cooperation Council (GCC)
3. Australia-Gulf Cooperation Council FTA
4. Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)

Regional Economic Institutions (Kuwait).

1. Arab League
2. Summit of South American-Arab Countries (ASPA)
3. Asia-Middle East Dialogue (AMED)
4. Islamic Development Bank
5. Economic and Social Commission for Western Asia (ESCWA)
6. Organisation of Islamic Cooperation (OIC)
7. Arab Gulf Programme for United Nations Development Organisations (AGFUND)
8. Asia Cooperation Dialogue (ACD)
9. United Nations (UN)
10. World Trade Organisation (WTO)
11. World Bank (WB)
12. International Monetary Fund (IMF)

❮ Samples ❯

(c) EENI Business School & HA University