[26] As part of Kuwait Vision 2035, Kuwait inaugurated its largest renewable energy park, Shagaya Renewable Energy Park, which includes concentrated solar power, solar photovoltaic, and wind power plants.

[44] The Emir has promoted the idea that Kuwait should focus its energies, in terms of economic development, on the financial industry.

[44] In the late 1970s and early 1980s, an alternative stock market, trading in shares of Gulf companies, emerged in Kuwait, the Souk Al-Manakh.

[44] Kuwaiti investment companies administer more assets than those of any other GCC country, save the much larger Saudi Arabia.

[44] The Kuwait Financial Centre, in a rough calculation, estimated that Kuwaiti firms accounted for over one-third of the total assets under management in the GCC.

[44] For many years, the total valuation of all companies listed on the Kuwaiti exchange far exceeded the value of those on any other GCC bourse, except Saudi Arabia.

[44] Kuwait is a major source of foreign economic assistance to other states through the Kuwait Fund for Arab Economic Development, an autonomous state institution created in 1961 on the pattern of Western and international development agencies.

Over the years aid was annually provided to Egypt, Syria, and Jordan, as well as the Palestine Liberation Organization.

The aim is to develop the local economy, attract foreign investment, and finance major projects to promote economic diversification in Kuwait.

Kuwait has a state-funded healthcare system, which provides treatment without charge to Kuwaiti nationals.

Private healthcare providers also run medical facilities in the country, available to members of their insurance schemes.

[51][52][53] In the years leading up to the COVID-19 pandemic, Kuwait invested in its health care system at a rate that was proportionally higher than most other GCC countries.

[51] In the past five years, there has been a significant rise in entrepreneurship and small business creation in Kuwait.

[60][61][62] In 2020, Kuwait ranked fourth in the MENA region in startup funding after the UAE, Egypt and Saudi Arabia.

[65] The WTTC named Kuwait as one of the world's fastest-growing countries in travel and tourism GDP in 2019, with 11.6% year-on-year growth.

[97] The code is transmitted from a satellite ground station to a cubesat (nanosatellite) orbiting Earth 500 km (310 mi) above sea level.

The code is then executed by the satellite's onboard computer and tested under real space environment conditions.

[98] QMR-KWT launched to space on 30 June 2021[99] on SpaceX Falcon 9 Block 5 rocket and was part of the payload of a satellite carrier called ION SCV Dauntless David by D-Orbit.

Astronauts Shannon Walker (member of the ISS Expedition 64) conducted the experiment on behalf of the students.

In July 2021, Kuwait University announced that it is launching a national satellite project as part of state-led efforts to pioneer the country's sustainable space sector.

It runs local bus routes across Kuwait as well as longer distance services to other Gulf states.

Another private bus company, Kuwait Gulf Link Public Transport Services, was started in 2006.

It runs local bus routes across Kuwait and longer distance services to neighbouring Arab countries.

The country's principal commercial seaports are Shuwaikh and Shuaiba which handled combined cargo of 753,334 TEU in 2006.

[117] Mina Al-Ahmadi, the largest port in the country, handles most of Kuwait's oil exports.

[119] In 2019, Kuwait's main export products were mineral fuels including oil (89.1% of total exports), aircraft and spacecraft (4.3%), organic chemicals (3.2%), plastics (1.2%), iron and steel (0.2%), gems and precious metals (0.1%), machinery including computers (0.1%), aluminum (0.1%), copper (0.1%), and salt, sulphur, stone and cement (0.1%).

[122] According to data from the Civil Service Commission (CSC), the level of joblessness amongst the Kuwaiti population continues to rise annually as of 2024.

[123] This is predominately due to a surplus of graduates in fields that lack demand within the workforce, as well as a discrepancy between labor market requirements and the skills obtained through certain specializations.

Additional issues contributing to the unemployment rate include a lack of emphasis on the private sector and insufficient coordination among related authorities.

Until substantial changes are made regarding the quality of educational outputs, the number of graduates in less required fields is likely to keep rising, further exacerbating unemployment issues.