Amman, June 9 (IANS) Jordan secured a $38.3 million loan from the Kuwait Fund for Arab Economic Development to finance Jordan’s public education infrastructure. The loan given on Wednesday is part …
Corona crisis reverses rents trend in Kuwait
With this large increase in the number of vacant units in Kuwait, many real estate owners were forced to reduce rents to maintain their tenants in light of the rapid changes that occurred in the …
Kuwait oil minister says OPEC+ strategy ensures market stability, balance
The Kuwaiti oil minister said on Thursday that the OPEC+ strategy of monthly crude production increases ensures market stability and balance, the state news agency KUNA reported.
Global oil price shock buys time for Kuwait
Resurgent oil production and expanding household and corporate credit were the drivers, NBK said. At its main rival, Kuwait Finance House (KFH), there was a similar story. KFH reported net profit of …
Our nation’s banks and financial entities must step up to the challenge of financial literacy
Gulf countries such as the United Arab Emirates, Bahrain, and Kuwait feature financial inclusion rates close to 80 percent, while they do not exceed 25 percent in Yemen, Djibouti, Sudan, Mauritania, …
Ziglerconstruct wins $30,000,000 contract to drill for Kuwait petroleum service in Iraq
Iraq is one of the largest producers of oil & gas for OPEC. Ziglerconstruct being a sophisticated company based in Kuwait and is operated by Kuwait petroleum service, have been awarded a whopping $30, …
Everything you need to know before planning your trip to Kuwait
Following the lifting of Covid-19 restrictions in the Gulf state, the Ministry of Kuwait has now announced the resumption of the validity system of visit visas for three months for foreigners and …
Bahrain Specialist Hospital Provides Special Offers to Kuwait Finance House – Bahrain Card Holders
Kuwait Finance House–Bahrain announced the signing of a Memorandum of Understanding with the Bahrain Specialist Hospital Kuwait Finance House–Bahrain announced the signing of a Memorandum of …
Saudi Arabia’s contactless payments reach 95 percent of total POS transactions, $126bn for 2021
Kingdom ranked number one in MENA for NFC payments adoption, followed by the UAE and Kuwait, in 2020 Visa study Saudi Arabia’s contactless payments reach 95 percent of total POS transactions, $126bn …
Oman Coop aims to expand to 25 branches across the Sultanate
Oman Coop has signed a partnership and management contract with City Centre Kuwait, with the aim of benefiting from its expertise in the retail sector …