Business
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Kuwait’s significant jump in US Treasury Bonds: $7.5 billion increase in 1 year
According to the data from the US Treasury Department, Kuwait has significantly increased its holdings of US Treasury bonds. Between…
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License renewal halted of 147,300 institutions and companies in Kuwait
Trade officials pay special attention to processing FATF comments in compliance with international standards 748 Joint-stock companies have not registered…
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‘Al-Mubarakiya Market’ recovers 6 million dinars allocated for reconstruction
The Al-Mubarakiya Market has successfully recovered from the devastating fire that tore through parts of the market two and a…
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Bank import financing over 9 months reaches 5.84 billion dinars
The Central Bank of Kuwait issued data, which revealed that the volume of import financing from local banks during the…
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KEMS-Zajil Telecom and MBCOM Technologies partner to strengthen digital infrastructure and cybersecurity
KEMS Zajil Telecom, a subsidiary of Kalaam Group and a leader in digital solutions, signed a Memorandum of Understanding (MoU)…
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Cruise Center awarded 2nd place for outstanding MSC Cruise sales in GCC region
Cruise Center, a unique division under Caesars Travel Group, has been awarded the prestigious second-place accolade for promoting MSC Cruises…
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UAE President’s visit to Kuwait opens doors for strategic business opportunities
• Kuwaiti economic leaders highlighted the growing potential for expanding business opportunities between the two countries, paving the way for…
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Central Bank holds interest rate at 4%, affirming Kuwait’s financial stability
The Central Bank of Kuwait (CBK) has maintained the discount rate at 4%, citing the continued stability and strength of…
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Digital innovations, sustainability, drive growth at Warba Bank
PUBLISHED IN COOPERATION WITH The Business Year (TBY), recently talked to CEO of Warba Bank, Shaheen Al Ghanem, to learn…
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Central Bank affirms Kuwait’s strong financial stability
The Central Bank of Kuwait announced that its current assessment of local economic and financial data indicates the continued soundness…
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