Business
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Mortgage law a game changer for Kuwaiti lenders, reveals “The Banker”
Kuwaiti banks, thriving in a stable market are poised for growth with the upcoming mortgage law reforms. Kuwaiti government’s focus…
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Kuwait’s Central Bank orders immediate suspension of upcoming withdrawals
The Central Bank of Kuwait has issued a directive to local banks, to immediately suspend all upcoming withdrawals until the…
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Foreign investors still underweight on Gulf stocks
International investors have pumped more than $60 billion into Gulf stocks over the past five years but their share of…
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Emerging market local currency bonds rebound amid global uncertainty
A report published by Bloomberg, highlights the increasingly unusual recovery in emerging market local currency bonds. Investors are increasingly turning…
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Bader Nasser Al-Kharafi appointed Chairman of Kuwait Stock Exchange Board
Bader Nasser Al-Kharafi, the new Chairman of Kuwait Stock Exchange, brings 20+ years of expertise in finance, banking, industry, and…
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Kuwait projects 631 million dinars in taxes and fees for 2025-2026
The new fiscal year 2025/2026 budget law confirms that no fees or taxes will be imposed on total salaries, wages,…
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Oil companies overlook possibility of $50 per barrel oil prices
The International Energy Agency (IEA) has dampened optimism about oil prices, revealing that crude oil supply currently exceeds demand by…
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Kuwait’s economic outlook shows reforms, challenges and signs of optimism
The Kuwaiti government is actively implementing a series of urgent structural reforms to tackle long-standing economic challenges, particularly its recurring…
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Fitch highlights Kuwait’s liquidity law, a key step toward financial flexibility
Fitch Ratings stated that, Kuwait’s approval of the long-anticipated financing and liquidity law will enhance the country’s financial flexibility and…
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44% of Kuwaiti consumers fall victim to digital fraud, study finds
A recent study highlighted a growing awareness among consumers in Kuwait regarding digital payment security, with 94% of customers adopting…
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