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Posted on October 7, 2022

US approves sale of advanced missiles to Gulf ally Kuwait

The Biden administration has approved a $3 billion sale of advanced medium-range missiles to Kuwait to help the tiny Gulf country defend itself …
Posted on October 7, 2022

US approves sale of advanced missiles to Gulf ally Kuwait

The Biden administration has approved a $3 billion sale of advanced medium-range missiles to Kuwait to help the tiny Gulf country defend itself …
Posted on October 7, 2022

OPEC+ mainly focuses on market’s needs, Kuwait oil minister says

Kuwait’s oil minister on Tuesday said that OPEC+ mainly focuses on providing enough crude for the market’s needs rather than to control prices, state news agency KUNA reported. We apologize, but this …
Posted on October 7, 2022

Kuwait Finance House K.S.C.P. shares commence trading on Bahrain Bourse

Khalifa, CEO of Bahrain Bourse, commented, “We are pleased to onboard the cross-listing of Kuwait Finance House K.S.C.P. The listing is a significant step toward achieving our strategic goals of …
Posted on October 6, 2022

Iraq oil minister says oil production surplus is reason behind OPEC+ decision to cut production

The OPEC+ decision to cut oil production by 2 million barrels per day came as result of a production surplus, Iraq oil minister Ihsan Abdul Jabbar told Kuwait news agency (KUNA) on Thursday.
Posted on October 5, 2022

Linklaters advises Ahli United Bank on its acquisition by Kuwait Finance House

Linklaters advised Bahrain’s Ahli United Bank (AUB) on its acquisition by Kuwait Finance House (KFH) for approximately US$11.6bn. The deal is the first ever cross-border public takeover involving a …
Posted on October 5, 2022

Vietnam’s loss to Iran ends Futsal Asian Cup campaign in quarterfinals

Vietnam have been sent home after a heavy 1-8 defeat against Iran in the AFC Futsal Asian Cup 2022 quarterfinals in Kuwait on Tuesday. Vietnam adopted a defensive approach against Iran, but the …
Posted on October 4, 2022

Egypt-Kuwait trade rises 21% YoY in 2021

The trade exchange between Egypt and Kuwait grew 21% year-on-year (YoY) in 2021, Minister of Trade and Industry Ahmed Samir revealed on the sidelines of the Egyptian Kuwaiti Business Forum, according …
Posted on October 4, 2022

AmCham Kuwait hosts back to business Annual General Meeting event

The event was done in collaboration with our Platinum Sponsor, Kuwait & Gulf Link (KGL), the Waldorf Astoria – Kuwait, and Air France-KLM …
Posted on October 4, 2022

Jefferies Sells Oak Hill Capital Stake to Kuwait-Backed Wafra

Wafra Inc., the alternative-asset manager that invests on behalf of Kuwait, acquired a minority stake in private equity firm Oak Hill Capital from Jefferies Financial Group Inc.Most Read from …

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