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Tag: Kuwait

Posted on May 5, 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 …
Posted on May 5, 2024

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 …

( read original story …)



Posted on May 5, 2024

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 …
Posted on May 3, 2024

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 …
Posted on May 2, 2024

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 …
Posted on April 30, 2024

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.

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Posted on April 29, 2024

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 …

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Posted on April 29, 2024

Kuwait Keen On Supporting Inventers, Intellectuals, Innovators

Undersecretary of the Ministry of Commerce and Industry, Ziyad Al-Najim affirmed on Monday Kuwait’s keenness to support K …

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Posted on April 29, 2024

UAE and Kuwait further advance trade and investment relations

His Highness the Prime Minister Sheikh Dr Mohammad Sabah Al-Salem Al-Sabah of Kuwait received at Bayan Palace, on Sunday, …
Posted on April 29, 2024

Bank of Sharjah leads $300m sukuk issuance for Kuwait International Bank

The transaction for what is dubbed a tier 1 sukuk marks the first US dollar AT1 issuance from Kuwait since 2021 …

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