The Balearic Government purchases four estates in Mallorca’s Llevant region from the Kuwaiti royal family for €3.4 million.
Abyat Kuwait eyes IPO in Saudi Arabia between 2027-2028
Mohammed Abul, CEO of Kuwait-based Abyat, stated that the company aims to go public in the Saudi market between 2027 and 2028 to finance its global tr …
Government buys back Mallorca estates from Kuwait
The Balearic Government has paid 3.4 million euros to buy the Son Jaumell, Cala Torta, and Es Pins Campaners estates in Mallorca’s Llevant region from a company whose sole administrator is Fawziah Al …
NBK-Bahrain reports net profits of USD 371 million for the financial year 2024
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 …