The central bank of Kuwait raised its discount rate to 4% from 3.50% effective Jan. 26, it said in a statement on Wednesday. The decision is in line with “recent developments in the local and …
NBK becomes the first financial institution in Kuwait to align with the State’s pledge to become carbon neutral by 2060
NBK has developed interim targets to reduce gross operational emissions by 25% by 2025 and aims to achieve net zero operational greenhouse gas emissions by 2035 …
Ratings consequences for interest, loan moves in Kuwait: CBK
The CBK stated, as part of its vision that it submitted to the Minister of Finance, Abdel Wahhab Al-Rasheed, regarding the proposed law, which aims to form a committee to research and investigate the …
Ratings consequences for interest, loan moves in Kuwait: CBK
The CBK stated, as part of its vision that it submitted to the Minister of Finance, Abdel Wahhab Al-Rasheed, regarding the proposed law, which aims to form a committee to research and investigate the …
Domestic worker’s rape and murder could see Philippines review Kuwait labour agreement
The rape and murder of a domestic worker could force the Philippines to review its labour agreement with Kuwait. The incident has raised questions of a possible return of a temporary ban on worker …
Kuwait’s government resigns in latest parliament standoff
This is the fifth Kuwaiti government that has resigned in the past two years, highlighting growing tension between the country’s authorities.
Kuwait’s government resigns in latest parliament standoff
This is the fifth Kuwaiti government that has resigned in the past two years, highlighting growing tension between the country’s authorities.
Kuwait government resigns for fifth time in 2 years
The Kuwaiti government submitted its resignation on Monday due to disagreements with the National Assembly, local media reported on Monday.
Philippines working with Kuwaiti authorities on case of slain OFW
A 35-year-old overseas Filipino worker based in Kuwait was found murdered in the said country and the Philippines is working with Kuwaiti authorities on getting justice for the victim. The burnt body …
Where Kuwait Airways Is Flying Its Airbus A330-800s
Kuwait Airways is the largest operator of the rare Airbus A330-800 with a total of just four airframes. For those unaware, the shorter A330neo variant, has been an extremely poor seller for Airbus so …