In efforts to strengthen the bilateral relations between Qatar and the sisterly State of Kuwait in the tax field, Ahmed bin Issa Al Mohannadi, …
NBK named Best Trade Finance Bank in Kuwait for 2022
National Bank of Kuwait (NBK) was named “Best Trade Finance Bank in Kuwait for 2022” in the annual survey of Global Trade Review (GTR), a magazine specializing in global emerging markets and trade, …
Apple Pay to launch in Kuwait soon
KUWAIT: The Ministry of Finance and Kuwait Direct Investment Promotion Authority reached an agreement to launch Apple Pay in Kuwait soon. The two sides are currently working on removing obstacles that …
Jordan To Receive Kuwait’s $38Mn Financial Support In Education
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 …