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Posted on March 5, 2021

AM Best Affirms Credit Ratings of Kuwait Insurance Company S.A.K.P.

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Kuwait Insurance Company S.A.K.P. (KIC) (Kuwait). The outlook of these Credit …

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Posted on March 4, 2021

Microsoft Compliance Manager Now Available In Kuwait To Empower Organizations Reduce Risks And Drive Agility

Microsoft today announced that cloud customers in Kuwait will gain access to Microsoft Compliance Manager, empowering organisations to adhere to legal o …

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Posted on March 3, 2021

Iraq says paid $50 bln in war reparations to Kuwait

Iraq has so far paid $49.5 billion in war reparations to Kuwait, an Iraqi official said on Tuesday. The Middle East Mazhar Salih “Iraq’s dues now amount to only $2.5 billion,” Mazhar Salih, an adviser …

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Posted on March 2, 2021

Kuwait wealth fund in talks with KPC on $20 bln-plus dividends – sources

Kuwait’s sovereign wealth fund is negotiating with state-owned Kuwait Petroleum Corporation (KPC) a new payment schedule for more than $20 billion in accrued dividends, two sources said, as the Gulf …

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Posted on February 28, 2021

Dubai’s trade with Kuwait touches $2.32bln in first half of 2020

According to figures released by Dubai Customs on the occasion of Kuwait’s 60th National Day that falls on 25 February: Trade between Dubai and Kuwait reached AED8.52 billion in the first half of 2020 …

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Posted on February 27, 2021

Al Ahli Bank of Kuwait names new CEO

Al Ahli Bank of Kuwait (ABK) recently announced the appointment of Omar Wahby as CEO for the UAE. Wahby has over 25 years experience across …

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Posted on February 26, 2021

Margaret Thatcher warned about smearing Saddam Hussein after UK’s arms deals with Iraq

William Waldegrave urged her not to launch a smear campaign after the Kuwait invasion, as people would ask why we had sold Saddam munitions …

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Posted on February 26, 2021

Margaret Thatcher warned about smearing Saddam Hussein after UK’s arms deals with Iraq

William Waldegrave urged her not to launch a smear campaign after the Kuwait invasion, as people would ask why we had sold Saddam munitions …

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Posted on February 25, 2021

Dubai’s trade with Kuwait reached Dhs8.52bn in H1 2020

Read: Kuwait projects $183bn cumulative deficit … everything possible to support our trade partners in growing their business,” he added. In the same H1 2020 period, Dubai reported Dhs551bn …

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Posted on February 25, 2021

Don’t Expect an Easy Franchise Entry in Kuwait

Location: In the Middle East, Kuwait borders the Persian Gulf and is between Iraq and Saudi Arabia. It’s slightly smaller than New Jersey.

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