Browsing: Kuwait

Kuwait Finance House (KFH) has received an honor from the Council of Ministers of Labor and Social Affairs in GCC States

Qatar agreed on Monday to supply Kuwait with 3 million tonnes per annum of liquefied natural gas for 15 years

In its recent assessment, Fitch Ratings has highlighted the robustness of Kuwait’s banking sector, noting that banks in the country are well-capitalized

The State of Kuwait, under His Highness the Amir’s directives, is accelerating reforms to achieve economic development and financial sustainability through building strategic partnerships with major countries.

RIYADH: Nasdaq Dubai has listed $500 million in sustainable trust certificates issued by Kuwait’s Warba Bank, marking a significant advancement in the region’s financial sector. 

The proliferation of supermarkets and specialty stores has provided consumers with a broader range of options and competitive pricing

Globally, the price of Brent crude futures contracts went up 66 cents to USD 82.37 pb, as did the West Texas Intermediate crude, up 69 cents to USD 78.28 pb

Kuwait registered a deficit of 1.6 billion dinars ($5.23 billion) in fiscal year 2023/24 from a surplus of 6.4 billion dinars in the previous year

Kuwait’s budget is projected to show a deficit of 5.6 billion dinars ($18.33 billion) for the 2024-2025 fiscal year, with expenses estimated at 24.5 billion dinars

Kuwait’s oil GDP will rise by 0.9% quarter-on-quarter (QoQ) in the fourth quarter of 2024 and 4% year-on-year (YoY) in 2025 if its oil production is restored fully