KUWAIT CITY, Jan 19: Al Ahli Bank of Kuwait (ABK) is proud to announce that it has been awarded the title of Best Investor Relationship Bank – Kuwait by International Finance. This recognition …
US Imposes Crushing Sanctions on Yemen Kuwait Bank Over Houthi Links
The United States has recently imposed sanctions on Yemen Kuwait Bank, a financial institution in Yemen accused of supporting the Houthi movement, which has been linked to numerous attacks on global …
US imposes sanctions on Yemen Kuwait Bank
Houthis rely on few key financial institutions to finance their ‘destabilizing attacks’ in region, says official – Anadolu Ajansı …
US imposes sanctions on Yemen Kuwait Bank
Houthis rely on few key financial institutions to finance their ‘destabilizing attacks’ in region, says official – Anadolu Ajansı …
U.S. Tightens Grip: Sanctions Hit Yemen’s Financial Ties
The U.S. imposes sanctions on Yemen Kuwait Bank, accusing it of aiding the Houthis. This move aims to pressure the Houthis before Biden’s departure. The bank’s assets are frozen, disrupting Houthi …
‘Safe’ Sharjah attracts Kuwaiti investors to $950m project
The emirate of Sharjah has been praised as “safe and business-friendly” by a Kuwaiti developer who has formed a partnership to develop a AED3.5 billion ($950 million) housing project in its burgeoning …
$660m a year ‘sin tax’ target set by Kuwait
Kuwait hopes to raise 200 million dinars ($660 million) a year through a “sin tax” on unhealthy products as part of tax reforms proposed by the International Monetary Fund, the country’s finance …
Bahrain Airport Company signs strategic partnership with BBK to develop “Express Cargo Village”
Bahrain Airport Company (BAC), the operator and managing body of Bahrain International Airport (BIA), has signed a 15-year loan agreement with Bank of Bahrain and Kuwait (BBK) for the development of …
New Kuwait tax to raise $800m a year: Minister
Kuwait has introduced a new tax for multinational enterprises and expects to raise around %800m from 300 companies …
Corporate tax to reshape Kuwait’s business climate
The Kuwaiti Finance Ministry was bent on stepping up the pace of tax management as part of Kuwait’s vision to improve the business …