KUWAIT SPENT $249 MILLION ON CONSULTING IN '21, WHILE GULF COMPANIES SPENT $3.334 BILLION

  • 01/11/2022

Kuwait City: According to a report published by "Source Global Research," the consulting market in Kuwait grew by 16% to reach around a quarter of a billion dollars in 2021, or USD 249 million. According to the report, Gulf companies spent $3.334 billion on the consulting market in the previous year, which is a significant amount of money, while the Saudi market is the fastest growing and largest in terms of consulting, growing at a rate of 19 percent to reach $1.791 billion.


 After a difficult year in 2020, the report noted that the consulting market had its best performance in 2021. It also noted that government organisations are working to advance investment and economic transformation programmes throughout the region, particularly in connection with the 2022 FIFA World Cup in Qatar and Vision 2030 in Saudi Arabia, which has increased demand for the consulting market in all respects. With revenues rising by 17.7% in 2021, the Gulf states' consulting market experienced a swift resurgence of growth.

Related News

Kuwait population increases every 5 minutes
  • 03/02/2025
Kuwait Stabilizes Market Ahead of Ramadan
  • 29/01/2025
Kuwait Arrests Egyptian Expat for Forging Medical Documents
  • 29/01/2025
Kuwait Ministry of Education Cuts School Bag Weight by 50%
  • 27/01/2025
Security campaigns in Jleeb and Ahmadi
  • 27/01/2025
Kuwait introduces new housing standards for workers
  • 26/01/2025
2 Young Men Killed in Saad Al-Abdullah Car Crash
  • 26/01/2025
Women’s Health Index: Kuwait ranks 1st in Middle East, 2nd ...
  • 26/01/2025
Kuwait Announces 3-Day Holiday for Isra Wal Miraj
  • 25/01/2025
Kuwait Grapples with Diabetes
  • 25/01/2025
Kuwait's Revised Traffic Law to Take Effect on April 22, 202 ...
  • 24/01/2025
Kuwait Taps Turkish Company Proyapi for Railway Project Desi ...
  • 24/01/2025