The new Emir of Kuwait faces several near- and medium-term challenges, but the most acute short-term challenge for the Emir is to resolve the funding gap (AA-/Negative/A-1+), said S&P Global Ratings in a new report. S&P noted that it does not expect any significant immediate change in Kuwait's broad policy direction following the passing of Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah on Sept. 29, 2020, following 14 years of rule ...