National Bank of Kuwait-Bahrain (NBK-Bahrain) reported net profits of BHD 139.81 million (USD 370.85 million) in 2024, compared to BHD 132.79 million (USD 352.23 million) in 2023.
Gulf petrostate Kuwait tries to kick-start diversification from oil
Wealthy Gulf nation Kuwait is set to borrow for the first time in almost a decade, raising hopes that the petrostate will pursue an economic transformation to reduce its reliance on oil after lagging …
Kuwait issues new law for return to int’l debt market
DUBAI/CAIRO: Kuwait issued a long-awaited law on Wednesday to regulate public borrowing as the country prepares for …
Boursa Kuwait ends with positive results on Thursday’s session
Arab Finance: Boursa Kuwait’s indices ended Thursday’s session with positive results. The Premier Market Index added 9.21 points, or 0.11%, to close at 8,674.72 points. The Main Market Index ended the …
Boursa Kuwait ends with positive results on Thursday’s session
Arab Finance: Boursa Kuwait’s indices ended Thursday’s session with positive results. The Premier Market Index added 9.21 points, or 0.11%, to close at 8,674.72 points. The Main Market Index ended the …
Kuwait’s Taima and Sulaibiya areas targeted in new encroachment removal campaign
The Kuwait Municipality has confirmed that its teams, responsible for monitoring encroachments on state property, have developed a …
Kuwait bans private institutes in residential areas, nurseries exempt under new regulations
No private institutes in residential areas in Kuwait, nurseries must follow strict guidelines. KUWAIT CITY, March 23: Acting Director General of the Municipality, Eng. Manal Al-Asfour, confirmed that …
High hopes for Kuwait reforms lift its stock market
Kuwait’s stock market is the Gulf’s top performer this year as local and foreign investors bet that economic reforms and increased infrastructure spending will bolster corporate profits. Investors …
Uzbekistan, Kuwait investment talks break new ground for economic growth
TASHKENT, Uzbekistan, March 20. Deputy Minister of Economy and Finance of Uzbekistan, Ilkhomjon Umrzakov, held a meeting with representatives of the Kuwaiti Action Group Holdings to discuss expanding …
Contractor Ordered to Compensate Kuwaiti for Faulty Construction Work
The First Instance Court has ruled that a contracting company must pay Kuwaiti citizen 35,000 dinars, along with 7% interest from the …