Kuwait has some way to go to meet international standards of investor best-practice, with much of the financial infrastructure of the country characterised as a "work in progress" over years of policy inertia and inconsistency, say professionals working there.
Even one of the key architects of the country's financial ambitions believes changes to "business culture, vision and management style are required before Kuwait can hope to challenge as a regional financial centre".
In two examples of the problems facing Kuwait, the privatisation of its national stock market has been postponed until next year and the country's market regulator only started to operate this year amid an internal upheaval of its staff.
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