According to the Fitch Ratings forecast for FY 2025, assuming a resumption of borrowing, 30% of Kuwait’s deficit would be financed by debt issuance. Its current outstanding debt is around $9 billion, …
JKB Group achieves outstanding financial results for 2024, with JOD 194.3 million (KD 84.4 million)
Jordan Kuwait Bank (JKB) announced its financial results for 2024, demonstrating significant growth across various financial …
Kuwait public debt stays below 60 percent of GDP
Kuwait’s Minister of Finance, Minister of State for Economic Affairs and Investment Nora Al-Fassam affirmed on Monday that Kuwait has taken …
Kuwait public debt stays below 60 percent of GDP
Kuwait’s Minister of Finance, Minister of State for Economic Affairs and Investment Nora Al-Fassam affirmed on Monday that Kuwait has taken …
Finance Min.: Kuwait’s Public Debt Experience Reflects Confidence In Economic, Credit Policy
On her participation in the forum, Al-Fassam said it includes a dialogue session on fiscal policy design options to confront increasing debt pressures with the aim to review the current economic …
KFH announces winners of Al-Rabeh draw
KUWAIT: Kuwait Finance House (KFH) announced the winners of the Al-Rabeh draw with 20 customers winning cash prizes worth KD 1,500 each for the 1st and 2nd weeks of 2025.The winners of KD 1,500 are: …
Yemen, Kuwaiti fund sign agreement to resume development financing
ADEN, Yemen, Feb. 8 (Xinhua) — Yemen and the Kuwait Fund for Arab Economic Development (KFAED) agreed on Saturday to resume the fund’s financing for development projects and restructure overdue debt …
US State Dept approves possible sale of military-related services to Kuwait
The U.S. State Department has approved the potential sale of military-related design and construction services to Kuwait for an estimated cost of $1 billion, the Pentagon said on Thursday.
Tajikistan proposes setting up joint aviation ventures with Kuwait
DUSHANBE, Tajikistan, February 4. Tajikistan has proposed to establish joint ventures in the aviation sector with Kuwait, Trend reports via the Ministry of Economic Development and Trade of Tajikistan …
BlackRock Said to Explore Office in Kuwait, Deepening Gulf Ties
BlackRock Inc. is exploring plans to open an office in Kuwait, according to people familiar with the matter, marking the asset manager’s latest effort aimed at deepening ties to the oil-rich region.Mo …