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Kuwait
Economy
Kuwait records 235 tenders worth $5.9 bn in 2021
MEW claimed lion's share with contracts valued at $353.7 mn
Kuwait
Pandemic escalates digital transformation in business
Companies to prioritize emerging technologies such as AI, IoT, and Cloud
Kuwait
The shares of “Ali Al-Ghanim” company began trading on KSE
The first Gulf family car company to be publicly traded
Economy
Kuwait to address demographic imbalance in the country
Long-term strategy to address demographic imbalances in the country
Banking & Finance
Agility’s cash offer backed by UK-based John Menzies
The deal is expected to close in Q3 2022
Kuwait
Virgin Mobile launches first virtual network operator in Kuwait
Virgin Mobile Kuwait offers users a completely digital experience
Kuwait
M&As very active in Kuwait… “KIPCO” plans a move
The company, on Thursday, is looking into merging with "Al-Qurain"
Banking & Finance
Kuwait’s Central Bank issues $1.2bn worth of bonds, tawarruq
The maturity period will be 6 months, with a rate of return standing at 2%
Economy
Kuwait seeks solution to “Bidoon” situation at the expense of expats
Replacing expat labor preserves demographic make-up
Kuwait
Supply of wheat to Kuwait is safe
Wheat imported into Kuwait is noted for low moisture content
Banking & Finance
How will the Kuwaiti banking sector perform in 2022?
“S&P”: Oil prices, interest rates, pave the way for banks’ recovery, lower NPLs
Banking & Finance
Kuwait’s Agility to buy Scottish John Menzies
Shareholders to receive 608 pence in cash per share
Economy
Economic diversity in Kuwait between “Vision 2035” and reality
Budget surplus forecast as oil global prices soar
Banking & Finance
Digital banks in Kuwait make their presence felt
Digital banks will be subject to all supervision and control requirements
Kuwait
Kuwait’s stock indices rising as oil prices jump higher
The price of a barrel of Kuwaiti oil reached about $113
Banking & Finance
Gulf funds reportedly bidding for stake in Starbucks Mideast
Two Abu Dhabi state funds and 2 private sector investors in the running
Banking & Finance
Can Kuwait achieve its first budget surplus in years?
Fitch: Even without a debt law, the government meets its financing obligations
Bahrain
Gulf banks to reap recovery benefits in 2022: S&P
Agency predicts rate hikes from central banks in union
Bahrain
OPEC+ faces global challenges as COVID-19 lingers
Western double standards risk reducing production levels
Bahrain
GFH Financial Group, Wafra to acquire US logistics assets
The acquired US logistics assets are leased by FedEx and General Mills
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