Kuwait

Eid al-Fitr 2025 holiday in Kuwait announced

With this confirmation, work at all ministries, governmental bodies, and public institutions will be suspended for three days

Kuwait, China establish framework agreement for renewable energy technology

The agreement was the result of six months of negotiations and aims to enhance cooperation at all levels

Kuwait central bank issues bonds valued at $792 million

The issuance is valid for three months, at an income rate of 4.125 percent

Electricity investment needs to keep up with rising demand

IEA says the world needs to invest $700 billion per year by 2040

Kuwait achieves 100 percent completion in key sustainable development goals: Report

These indicators reflect Kuwait's commitment to Vision 2035 as a global financial and investment hub

UAE joins Kuwait in celebrating 64th National Day as bilateral trade reaches $13.6 billion

The UAE imports 22 percent of Kuwait's non-oil exports, ranking third after China and U.S.

Leaders of GCC states, Egypt, and Jordan convene in Riyadh to strengthen coordination and consultation

The UAE President thanked King Salman and Crown Prince for organizing the dialogue

Bahrain, Kuwait forge MoU to support youth empowerment, educational development

This agreement aims to boost collaboration in promoting the Shaikha Hessa bint Salem Award

Kuwait, Uzbekistan strengthen ties with 4 new agreements as bilateral trade grows 23-fold since 2017

The first agreement between the two countries aimed at enhancing collaboration in the private sector labor force

WGS 2025: Dubai Ruler discusses growing bilateral ties with Poland’s President, Kuwait’s PM

President of Poland committed to enhance connectivity, economic cooperation with UAE

UAE-Kuwait Week kicks off to strengthen longstanding economic, cultural ties

Non-oil trade between the UAE and Kuwait grew 9 percent last year to $13.6 billion

Kuwait projects $58.9 billion revenue in draft budget for 2025-26

Non-oil revenues are expected to increase by 9 percent to $9.4 billion, says finance minister

UAE-Kuwait week to boost bilateral relations amid $86.3 billion trade growth

The event will be hosted at Jumeirah Emirates Towers in Dubai on February 3 to 4

Kuwait discovers 800 million barrels of oil, 600 billion cubic feet of gas

This follows the July 2024 Al-Nokhatha field discovery, with reserves of 3.2 billion barrels

Central Bank of Kuwait issues $660 million bond and tawarruq with 4.125 percent yield rate

Bonds fund governments by repaying principal and interest; tawarruq converts debts into tradable securities

Kuwait launches new international telecom portal with 100 gigabit capacity

The cable will be a trusted option for big companies and international service providers 

6 key trends shaping Kuwait’s real estate market amid investment boom

Investment property sales grew by 49.5 percent annually in Q3 2024

Efforts underway to restore internet connectivity in Kuwait following cable damage

CITRA is closely monitoring the situation with the affected company to expedite repairs and restore normal service quickly

Kuwait Central Bank issues $792 million bond, tawarruq

CBK said that the issuance period is three months with a return rate of 4.125 percent

Kuwait signs $772.55 million power maintenance contracts

These contracts are integral to the ongoing initiatives to boost the country's electrical infrastructure and ensure its long-term viability

Central Bank of Kuwait allocates $792 million bonds, securitization

The bank specified that this issuance has a maturity period of three months and an interest rate of 4.125 percent

New Year 2025: Four-day holiday announced in Kuwait

Work at government institutions will resume on Sunday

World Bank: GCC growth projected at 1.6 percent in 2024, 4.2 percent in 2025-2026

UAE's economic growth is projected at 3.3 percent in 2024, driven by 4.1 percent non-oil sector growth