The Kuwaiti Foreign Ministry on Wednesday strongly denounced a recent attack on the Saudi Cultural Attaché
Office in …
Office in …
National Bank of Kuwait forecloses on embattled Houston office building
Distress continues to percolate in Houston, this time hitting the office market. The National Bank of Kuwait foreclosed on a $52 million loan for the Galleria-area building on March 28. The …
Kuwait banking sector records highest growth in total assets
In terms of average capital adequacy ratio, the banks in Kuwait had a healthy percentage of 17.3 percent, compared to the 18.3 percent in 2021 …
KPMG publishes eighth edition of the GCC listed banks’ results; Kuwait’s banking sector records highest growth in total assets
With banks looking to navigate through pandemic-driven difficulties toward economic recovery and stability, KPMG published the eighth edition of its GCC …
Top Indian business delegation to visit Kuwait to bolster ties
A high-level business delegation from India is scheduled to visit Kuwait on May 8, 2023 with a view to fostering growing trade and business relations between Kuwait and India. The delegation’s visit, …
Kuwait to open bids for new airport cargo village in global auction
The new cargo village is part of a three-stage long-term master plan stretching to 2050 to expand air traffic and shipping operations in Kuwait. . Kuwait to open bids for new airport cargo village in …
Kuwait announces Eid Al Fitr 2023 to start on Friday
Kuwait moon-sighting committee announces the end of Ramadan and the start of Eid Al Fitr holiday Kuwait’s moon-sighting committees announced that Friday, April 21 is Eid Al Fitr 2023. Kuwait News …
Senate panel advances US ambassador nominees to UAE, Kuwait
The Foreign Relations Committee cleared the nominations for Karen Sasahara and Martina Anna Tkadlec Strong as US ambassadors to Kuwait and the United Arab Emirates, respectively.
$330mln total loans disbursed in Q1 of 2023: Kuwait
Kuwait Credit Bank said that the total loans disbursed by the bank amounted to 100 million Kuwaiti dinars (about 330 million US dollars) during the first quarter of this year. The official …
KPMG in kuwait publishes infrastructure report; illustrates current state and challenges in the sector
With infrastructure development continuing to be one of Kuwait’s primary focus areas, KPMG in Kuwait published its latest infrastructure report. Titled …