The Central Bank of Kuwait said on Wednesday it will increase its discount rate by 25 basis points to 3% as of Thursday, after the U.S. Federal Reserve’s three quarters of a percentage point rate hike …
302-key luxury Grand Hyatt opens in Kuwait
It is the sixth property under the Grand Hyatt brand in the Middle East and the 29th Hyatt branded hotel in the region. Infusing regionally inspired art with modern interior design, Grand Hyatt Kuwait …
Kuwait credit growth to reach 9.7% before declining to 4.7% next year
Fitch Solutions has raised its forecast for bank credit growth in Kuwait during 2022 from 7.6 percent to 9.7 percent, due to the increase in the optimistic outlook for the country’s economic growth …
Kuwait Hosts Conference on Combating Cryptocurrency Finance of Terrorism
A regional workshop on combating the use of virtual currencies to finance terrorist groups opened in Kuwait on Monday and runs through Tuesday. Participants in the two-day workshop are from the member …
Hyatt opens 302-key luxury hotel in Kuwait
It is the sixth property under the Grand Hyatt brand in the Middle East and the 29th Hyatt branded hotel in the region …
Heisco consortium wins $160mln Kuwait Port project contract
The consortium includes Heisco’s subsidiary Gulf Dredging and General Contracting as well as Hyundai Engineering and Construction …
Kuwait Oil Company aims to increase natural gas production to meet local demand – acting CEO
The state-owned Kuwait oil company aims to increase natural gas production to meet local demand, the company’s acting chief executive officer Khaled Nayef Al Otaibi said on Sunday.
Ali AlSaqoby Takes Kuwait Among the Aighest Ranks in Football Freestyle world Cup
Apparently Kuwait is doing very well in Football Freestyle! High level skills and incredible performance made Ali AlSaqoby rank high in football freestyle world cup held in Czech Republic. The …
Ali AlSaqoby Takes Kuwait Among the Aighest Ranks in Football Freestyle world Cup
Apparently Kuwait is doing very well in Football Freestyle! High level skills and incredible performance made Ali AlSaqoby rank high in football freestyle world cup held in Czech Republic. The …
Report: The future of sustainable finance in Kuwait’s banking sector
The regulatory landscape for Gulf financial service providers is changing, with growing awareness of the need for banking institutions to adopt sustainable finance frameworks and responsible lending …