The Deputy Director General for the Kuwait Fund for Arab Economic Development, has said that the Kuwait fund contributed and co-financed 35% of the project implementation for the construction of the …
Kuwait Finance House Caught in High Court’s Fabricated Arbitration Web
In a ruling at the High Court, Justice Butcher shed light on a shocking instance of attempted deception involving a fabricated arbitration award. The case, Contax Partners inc BVI v Kuwait Finance …
Waterside property developments drive interest in Kuwait leisure boat market
The emergence and rapid growth of marina-style real estate in Kuwait is having a significant impact on the country’s continued leading position in the Gulf leisure boat market, say industry leaders.
Oil Tanker Caught Up In Iran-U.S. Dispute Over Sanctions
Iran will confiscate the cargo of the Advantage Sweet, which was transporting oil from Kuwait to the U.S. state of Texas, in retaliation against Washington’s crippling economic sanctions against the …
Turning Point For Kuwait?
For at least a decade, one of the Gulf’s most democratic monarchy has been paralyzed by a political tug-of-war between leaders pressing to open the economy and those who would prefer to preserve a …
Kuwait government spent KD 1.5bn on economic projects in 9 months
This news has been read 155 times! KUWAIT CITY, March 4: Ministry of Finance data revealed that the government spent about 1.5 billion dinars on projects and economic affairs during the first 9 months …
Kuwait Finance House – Bahrain announces 10 winners of the Ma’ashi Monthly Prize Draw for January 2024
Manama, Bahrain: Kuwait Finance House-Bahrain (KFH-Bahrain) has revealed the 10 winners of the January $25,000 Ma’ashi Salary Account monthly prizes. The draw was held at the KFH-Bahrain headquarters, …
Markaz: Kuwait market sustains positive momentum driven by robust corporate earnings
Kuwait City, Mar 03: Kuwait Financial Centre “Markaz” released … Emaar Development reported a 74% y/y increase in net profit to AED 6.6 billion in 2023 amid strong property sales in Dubai. Emaar …
Markaz: Kuwait market sustain positive momentum driven by robust corporate earnings
Kuwait: Kuwait Financial Centre “Markaz” released its Monthly Market Review report for the month of February 2024. Kuwait market ended positive during the month as the pickup in the pace of …
KIB earns “Best Customer-Focused Islamic Banking Products and Services in Kuwait” award from World Finance
Kuwait: World Finance has recognized Kuwait International Bank (KIB) with the “Best Customer-Focused Islamic Banking Products and Services in Kuwait” award for 2023. The award is in acknowledgment of …