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Tag: Kuwait

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 …
Posted on April 26, 2024

TBY, KDIPA Gather Local Business Leaders At The Kuwait Innovation Forum

The Business Year (TBY), a leading global media group that has been providing investors, businesses, and governmen …
Posted on April 24, 2024

Safest Banks In Kuwait

Global Finance’s Safest Bank rankings, published annually in November, assess the fiscal health and stability of the largest 1,000 banks in the world. Where do Kuwait’s banks rank? Overall, sound, …

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