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Technologies life cycles became shorter than before as a result of globalization and open market, which derived organizations to update their dated technologies. Without technologies updating, which based on Technological Forecasting (TF), organizations can not be dominant leaders in the open market and eventually they will lose their business. The main objective of this paper was to evaluate the air separation units by calculating the oxygen specific power, to find the most cost effective unit. The oxygen specific power used as a Key Performance Indicator (KPI) for the selected Air Separation Unit (ASU) technologies. The KPI for the updated Air Separation Unit was reviewed and the latest value selected as theoretical benchmark, which was 0.28Kw/Nm 3. At the practical part, the data collected to three air separation units ASU-31, ASU-51 and ASU-71. The results showed that the specific power gaps that used as the KPI's of ASU-31, ASU-51 and ASU-71 are 0.464Kw/Nm 3 , 0.639Kw/Nm 3 and 0.631Kw/Nm 3 respectively. The results showed that these gaps can be minimized by the recommendation suggested in this paper to reduce power consumption.

This study examines the determining factors of FDI inflows in Kuwait. Data sample covers the period from 1975 to 2013. In this study, estimates are tested using Augmented Dickey and Fuller, Johansen Co-integration tests and Error Correction Model (ECM). Results of the Johansen test show that all variables are co-integrated with the Kuwait’s FDI inflows in the long run. Interestingly, factors of market size, economic development, financial deepening, number of population, infrastructure development, openness, and oil rent have long run relationship with the FDI inflows in Kuwait. In the short run, findings also show that the short-run models are in equilibrium.

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This paper examines the impact of fluctuations in the price of oil on Kuwaiti stock market returns for the month-to-month period of 2000 to 2020. The Augmented Dickey-Fuller (ADF) test for stationarity, the error correction model (ECM), and various cointegration test techniques were used to examine the estimated model. In an oil-based economy like Kuwait, the exposure to oil prices seems to affect the performance of the country’s stock market. Our main findings related to the long run showed that the price of oil is cointegrated with stock market returns. Interestingly, our ECM examination confirmed that changes in Kuwaiti stock market returns are only affected by oil price fluctuations in the short run. Further strategies are needed to better stabilize Kuwait’s capital market. This equilibrium can be achieved by pursuing more stability in other macroeconomic factors and providing a solid legal independence for the country’s financial market.