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Tag: Kuwait

Posted on January 15, 2024

Kuwait’s rising rents and expat policies: a ticking time bomb?

Speaking to the Arab Times, respondents said that in the last five years there has been close to a hundred percent increase in housing rents in most parts of Kuwait. “A two-bedroom flat in the …

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Posted on January 15, 2024

IHG Hotels & Resorts welcomes Rabih Al Atrash as General Manager at Arabella Beach Hotel, Kuwait, Vignette Collection

IHG Hotels & Resorts is pleased to introduce Rabih Al Atrash as General Manager of Arabella Beach Hotel, Kuwait, Vignette Collection. In his current role, Rabih is spearheading the pre-opening …

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Posted on January 14, 2024

GM named for Arabella Beach Hotel, Kuwait, Vignette Collection

In this role, Al Atrash is spearheading the pre-opening preparations and leading the hotel’s dedicated team, ensuring the successful launch of the first Vignette Collection property in Kuwait in the …

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Posted on January 13, 2024

Bahrain’s Al Salam Bank terminates discussions on acquiring KFH Bahrain

Bahrain’s Al Salam Bank has terminated discussions on the acquisition of Kuwait Finance House’s (KFH) Bahrain arm in collaboration with an investor. The bank said in a bourse filing that the parties …
Posted on January 13, 2024

Bahrain’s Al Salam Bank terminates discussions on acquiring KFH Bahrain

Bahrain’s Al Salam Bank has terminated discussions on the acquisition of Kuwait Finance House’s (KFH) Bahrain arm in collaboration with an investor. The bank said in a bourse filing that the parties …
Posted on January 12, 2024

Kuwait’s KFH launches $1bln in 5-year senior sukuk -IFR

Kuwait’s largest lender Kuwait Finance House has launched $1 billion in dollar-denominated 5-year debut senior Islamic bonds, or sukuk, fixed income news service IFR reported on Wednesday. KFH set the …
Posted on January 10, 2024

Expedite diversification, scale up non-oil growth, IMF urges Kuwait

KUWAIT: Kuwait needs to expedite the diversification of its economy further to scale up the non-oil sector in tune with the economic transformation taking place across the world. Government-led …
Posted on January 10, 2024

Expedite diversification, scale up non-oil growth, IMF urges Kuwait

KUWAIT: Kuwait needs to expedite the diversification of its economy further to scale up the non-oil sector in tune with the economic transformation taking place across the world. Government-led …
Posted on January 10, 2024

Kuwait Banking Association Initiates New Committee to Drive ESG Practices in the Finance Sector

Recognizing the significance of sustainable finance, the Kuwait Banking Association (KBA) has taken a proactive step by establishing a new committee dedicated to promoting ESG practices in the country …
Posted on January 9, 2024

Bahrain Steel to receive $450m sustainability-linked loan from bank consortium

“This approach ensures that Bahrain Steel meets the expectation of its key stakeholders … Arab Bank, Ahli United Bank, Gulf Bank, Kuwait Finance House, and Khaleeji Bank joined as joint lead …

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