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Posted on September 23, 2020

Moody’s downgrades Kuwait for first time over liquidity risks, weak governance

Lacking a new public debt law, the govt has been unable to borrow since a debut Eurobond in 2017.Liquid assets there are close to being depleted, forcing the Finance Ministry to push through other mea …

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Posted on September 23, 2020

Ten Kuwaiti MPs sign non-cooperation motion against the Prime Minister

Ten Kuwaiti Members of Parliament submitted a “non-cooperation” motion against Kuwait’s Prime Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah, the speaker of the Kuwaiti National Assembly, Marzouq …

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Posted on September 23, 2020

Renault Al Babtain Launches an Exceptional Campaign in Collaboration With Kuwait Finance House on the New Renault Koleos 2021

Abdulmohsen Abdulaziz Al Babtain Co., the authorized agent of Renault in the State of Kuwait recently launched a campaign in partnership with Kuwait Fin …

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Posted on September 23, 2020

FinCEN Files: Kuwait’s NBK clarifies US authorities have not approached since 2014

Bank says it was cited in $1.3mln of suspicious activity reports, but has not been approached by US authorities since 2014 …

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Posted on September 23, 2020

Moody’s downgrades Kuwait’s credit rating to A1; changes outlook to stable

The decision to downgrade the ratings reflects both the increase in government liquidity risks and a weaker assessment of Kuwait’s institutions and governance strength,” Moody’s said in a statement.

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Posted on September 23, 2020

US Ambassador visits Kuwait Society for the Handicapped

Jasser, Vice Chair of the Kuwait Society for the Handicapped stated that Alina Romanowski, the United States Ambassador to the State of Kuwait, visited the society and participated in various …

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Posted on September 23, 2020

Kuwait, Government of — Moody’s downgrades Kuwait’s issuer rating to A1; changes outlook to stable

© 2020 Insider Inc. and finanzen.net GmbH (Imprint). All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer …

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Posted on September 23, 2020

Kuwait, Government of — Moody’s downgrades Kuwait’s issuer rating to A1; changes outlook to stable

© 2020 Insider Inc. and finanzen.net GmbH (Imprint). All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. Disclaimer …

( read original story …)



Posted on September 22, 2020

Qatar to climb further in Turkey’s export ranking, says furniture group exec

citing Qatar, Kuwait, and Oman as “important markets” for Turkey’s exports industry. “In this process, bilateral business meetings, which contributed greatly to our exports, are …

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Posted on September 22, 2020

Kuwait reports 719 new COVID-19 infections; three deaths

Kuwait, Sept. 22 (BNA):The novel coronavirus (COVID-19) has infected 719 people in Kuwait during the past 24 hours, official spokesman of the Ministry of Health Dr. Abdullah Al-Sanad has announced. In …

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