Business
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CBK tightens beneficial ownership rules for Kuwait banks and financial firms
Banks, exchange and finance companies face penalties for failing to identify and report changes in beneficial ownership The Central Bank…
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Kuwait floats $3.3bn tender for Al-Durra gas processing facility
Kuwait Gulf Oil Company has floated a tender for the construction of an onshore gas processing facility near the Al-Zour…
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Kuwait ranks third in Gulf with $250 million in contracts awarded in July
Kuwait ranked third among Gulf countries in the value of contracts awarded in July, with projects worth $250 million, according…
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Toyota named Most Influential Automotive Brand
Based on the results of Ipsos’ inaugural “Most Influential Brands (MIB) in Kuwait 2026” study Mohamed Naser Al-Sayer & Sons…
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Jazeera Airways welcomes new Tajikistan Ambassador to Kuwait
Meeting highlights growing Kuwait–Tajikistan ties and the role of direct air connectivity in supporting tourism, trade, investment and greater people-to-people…
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Kuwait banks seek to extend customer complaint processing deadline to 6 working days
Local banks are seeking to change how the deadline for processing official customer complaints is calculated, effectively giving them an…
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US considers new 7.5 percent China tariff to counter cheap goods, excess capacity
US President Donald Trump is considering a new 7.5% tariff on Chinese goods as his administration moves to penalize China…
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Kuwait ranks first in Arab World, 50th globally on 2026 Prosperity Index; 21st globally in economic freedom
On Prosperity Index Globally, Switzerland ranked first, followed by Norway, Ireland, Denmark, Finland, Iceland, Sweden, Germany, Australia and the Netherlands.…
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Bitcoin surpasses $80,000 as weaker dollar boosts crypto market
Bitcoin climbed above $80,000 on Tuesday to its highest level in more than three months, supported by a weaker US…
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Kuwait banks may return to pre-march liquidity rules as CBK reviews exceptions
The Central Bank of Kuwait is assessing banks’ readiness to return to pre-March regulatory liquidity requirements, nearly five months after…
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