Business
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‘Finance’ grants UREC temporary license to manage Marina World
The Ministry of Finance has granted United Real Estate Company a temporary license to manage, operate and maintain the Marina…
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Global fuel shortages could last until mid-2027, warns Morgan Stanley
Global fuel shortages could persist until mid-2027, even if disruptions linked to the Middle East conflict ease, as extensive refinery…
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H.H. the Prime Minister, HSBC CEO discuss financial and investment cooperation
His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah received HSBC Group CEO Georges Elhedery and his accompanying delegation…
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Jazeera Airways partners with BAA training to build future pilot talent
BAA Training has entered a partnership with Kuwait’s leading low-cost carrier (LCC) Jazeera Airways, to provide Airline Transport Pilot License…
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Kuwait banks slash loan rates to 3.9% in fierce battle for customers
Some Kuwaiti banks are offering personal loans at rates as low as 3.9 percent to win creditworthy customers from competitors,…
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SME fund-backed projects generate 202 million dinars in annual revenue
Projects financed by Kuwait’s National Fund for the Care and Development of Small and Medium Enterprises have recorded approximately 202…
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Kuwait raises $3.25 billion in three- and 10-year dollar bonds
Kuwait has raised $3.25 billion through a two-tranche, dollar-denominated international bond issuance, attracting subscription orders exceeding $7.8 billion and reflecting…
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Joyalukkas opens Jewel of Joy, the Middle East’s biggest jewellery showroom in Dubai
Joyalukkas, the world’s favourite jeweller, has officially opened Jewel of Joy, the Middle East’s biggest jewellery showroom, at Dubai Gold…
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Kuwaiti banks showcase financial strength at IMF-World Bank meetings
The Kuwait Banking Association hosted a reception for Kuwaiti banks in Bangkok on Friday evening, alongside the 2026 Annual Meetings…
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Kuwait revamps public tender rules, raises contract limit to 1 million dinars
CAPT has instructed government entities subject to the Public Tenders Law to obtain updated financial approval from the Ministry of…
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