Several government agency officials have voiced their frustrations over their inability to proceed with assigned projects, particularly those pertaining to development initiatives. The primary hindran …
Kuwait Ministry of Finance unveils plan for FY 2024/25
This news has been read 140 times! KUWAIT CITY, May 7: The Ministry of Finance has unveiled its comprehensive plan for tenders, practices, and contracts slated for the fiscal year 2024-2025, reports …
IHG Opens Kuwait’s First Vignette Collection Hotel
IHG Hotels & Resorts has announced the opening of Kuwait’s first Vignette Collection Hotel: Arabella Beach Hotel Kuwait, Vignette Collection on May 6, 2024.
Markaz: World Bank revises Kuwait’s 2024 economic growth upwards
Kuwait Financial Centre “Markaz” released its Monthly Market Review report for the month of April 2024. Kuwait and broader GCC markets were pressured by the escalation in geopolitical tensions while …
Alshaya Group announces the opening of the first Hampton by Hilton in Kuwait
Located in the heart of Kuwait, in the Salmiya District, Hampton by Hilton Kuwait Salmiya boasts 110 modern and stylishly designed bedrooms …
World Bank revises Kuwait’s 2024 real GDP upwards: Markaz
Kuwait’s economic growth (real GDP) projection for 2024 was revised by the World Bank to 2.8% y/y, higher than the 2.6% y/y forecasted earlier in January 2024 owing to expectations of phasing out of …
KFH releases first-of-its-kind carbon footprint report in Kuwait’s banking sector
Kuwait Finance House (KFH) released the first-of-its-kind Carbon Footprint report in Kuwait’s banking sector. This report solidifies KFH’s role in leading the way in sustainable banking practices and …
KFH Wins Kuwait`s Best Bank for Sustainable Finance Award
Kuwait Finance House (KFH), a world leading Islamic financial institution, is proud to announce its recognition as Kuwait’s Best Bank for Sustainable Finance in the third annual Sustainable Finance Aw …
Judge reluctant to toss Kuwait from US forfeiture cases over embezzled funds
Kuwait claims it owns Southern California real estate and other assets that a former Kuwaiti minister is accused of acquiring with stolen public funds.
Massive campaign is on to raze encroachments
The Kuwait Municipality launched a massive campaign on Monday to remove the illegal godowns in Salmi, as part of a comprehensive government plan to remove encroachments on state properties and serious …