Kuwait

Kuwait seeks recognition as developed capital market

Authority implemented automated system to report electronic trading accounts

Kuwait’s Mutlaa: Mega residential project worth $103 mn

Project expected to house up to 400,000 people

Kuwait oil leak: Was production affected?

No injuries occurred as a result of the spill

Kuwait construction projects market grows in Q4 2022

Macroeconomic improvements needed to drive recovery in 2023

Kuwait on cusp of major economic upsurge

Infrastructural development, digital banking, among key drivers

Kuwait will send to Europe 5 times its usual shipments of diesel

As an anticipated ban of oil products from Russia takes effect

Kuwait picks Google Cloud

To commence nationwide digital transformation roadmap

Kuwait’s economy likely to bank USD23 bn surplus in current FY

Estimated to have grown nearly 8 percent in 2022

Cross-border payments across GCC get a major boost

AFAQ is another step closer to unifying banking across the region

Kuwait launches first satellite

Onboard the SpaceX Falcon 9

Kuwait Petroleum exports clean aviation jet fuel from mega-refinery

The first cargo is currently being shipped aboard the Pacific Sarah tanker

Kuwait attracts 106 mn dinars in direct investments

Investments are spread across several focus areas

Kuwait Finance House lists shares on Bahrain Bourse, begins trading tomorrow

Bank lately acquired 97% of Bahrain's Ahli United Bank shares

Major sustainable tourism project coming up in Kuwait

A net-zero carbon community that will accommodate up to 100,000 people

Kuwait raises oil output in line with OPEC+ to meet growing demand

Al-Faris: Since 2020, OPEC+ successfully maintained oil market stability

Expats face uncertain future following massive Kuwaitization drive

Up to 750,000 Egyptians looking at one-way trip home 

Kuwait Agility’s Q2 net profit plunges to $52 mn

Drop attributed to inclusion of results of discontinued operations

India discovers 27,000 fake Kuwait visas

Victims blackmailed in exchange for their return from Kuwait

Kuwait Central Bank raises the discount rate by 25 bps

This is the second increase in discount rates in several weeks

Kuwait: State rent allowances exceed ‘cost’ of building a city

Annual rent allowances amount to KD 169.8 million