Jordan Kuwait Bank (JKB), a leading shareholding company in the Jordanian banking sector, has recently started employing iGrafx Process360 Live cloud-based business process management (BPM) platform.
Competition intensifies as Kuwait bankers eye additional ‘high-cost’ deposits
Local banks have finally started a new round to attract an additional amount of high-cost deposits, however, to upset the balance of competition for deposits, especially government deposits, which …
Competition intensifies as Kuwait bankers eye additional ‘high-cost’ deposits
Local banks have finally started a new round to attract an additional amount of high-cost deposits, however, to upset the balance of competition for deposits, especially government deposits, which …
Long-term development plan laid out: Kuwait
Secretary General of the Higher Council for Planning and Development Dr Khalid Mahdi stressed that the program is in line with the Kuwait 2035 vision …
Kuwait gears for emergency response amid heavy rains
A major emergency response effort in Kuwait is underway after several areas around Kuwait were flooded following heavy rains that hit the country on Tuesday. Meanwhile, citizens and residents are …
3 expats killed in Kuwait accidents
Cairo: Three expatriates were killed in different accidents in one day in Kuwait, a local newspaper reported on Friday. The fatalities included an Indian shepherd who was killed in an explosion of …
Kuwait’s central bank announces 0.5 percent hike in discount rates to 3.5%
The Central Bank of Kuwait said it will increase its discount rate by 50 basis points to 3.5 percent as of Wednesday. A high discount rate tends to lead to an increase in other interest rates, as it …
Kuwaiti airline to launch direct flights to Tajikistan’s capital
BAKU, Azerbaijan, December 2. Jazeera Airways, a low-cost carrier based in Kuwait, will launch direct flights to Tajikistan’s capital Dushanbe, Trend reports with reference to Zawya.com.
InterContinental Hotels Group Selects General Manager for Soon to Open Kuwait Property
InterContinental Hotels Group, the world’s most global hotel company, announced Sunday the appointment of Laurent Rigaud as General Manager of the Holiday Inn Downtown Kuwait. With the property …
Markaz: Kuwait bucks the trend by increasing 3.6% in November
Central Bank of Kuwait kept its policy rate unchanged even as the U.S Fed raised rates by 75 bps in November. Kuwait posted a fiscal deficit of KD 3 billion for FY 21/22, down 72% from the previous …