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Tag: Kuwait

Posted on March 9, 2024

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 …
Posted on March 8, 2024

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.

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Posted on March 7, 2024

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 …
Posted on March 5, 2024

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 …

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Posted on March 5, 2024

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 …
Posted on March 3, 2024

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, …
Posted on March 3, 2024

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 …

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Posted on March 3, 2024

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 …

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Posted on March 3, 2024

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 …
Posted on March 2, 2024

KFH Completes First Merger In Kuwait’s Banking Sector History

Chairman of Kuwait Finance House (KFH) Hamad Al-Marzouq announced the successful completion of its merger with Ahli United Bank of Kuwait (AUB), marking the first-ever project in Kuwait’s banking …

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