Streamlining the public sector, enhancing the role of the private sector, and reviewing financial policies away from sovereign funds are just some of the reforms needed. Time is running out.
Economic reform is key to the future of a region which needs to diversify away from dependency on oil, or a reliance on international funding. There has been both resistance and progress so far.
Kuwait needs to shrink its public sector and use privatisation to cut its dependence on oil revenue. Reform will only become more difficult as the world moves to alternative energy.
Al Majalla takes a look at Iraqi Premier Abd al-Karim Qasim's attempt to invade Kuwait in 1961 and explains why Saddam felt that he could succeed where Qasim failed
The US knows that Gulf states have more options in a multipolar world and it accepts their building economic relations with a dynamic China. But it also has a limit. Al Majalla explains.
Pulling from its rich archives, an Al Majalla report reveals that Kuwaiti officials did not expect a full-scale invasion and, as such, did not have the necessary defensive measures in place.
Secret documents obtained by Al Majalla reveal that Saddam tried to form a four-way coalition with Jordan, Yemen and Egypt while reaching out to Iran through Arafat.
The Saudi pioneer of the prose poem reveals why her recent collections were linked by the theme of water and how the artform means she has lived many lives.
One of the biggest names in the stricken financial sector calls for 'hope' amid the crisis that has reduced millions to poverty and ruined the country's reputation. There is now a detailed plan.
Over 6,000 people have been sheltering in woodland in Olala in Amhara for two months having already fled from civil war. The international community is not doing enough to help.
No stranger to rivalries, the governor of the Central Bank of Libya is technocrat who has had to develop his political wiles, most recently clashing with the prime minister. Is this the next Gaddafi?