Business

Ministry of Commerce inspects 55 million grams of precious metals in six months

The Ministry of Commerce and Industry announced that its Precious Metals Department stamped and inspected approximately 55 million grams of…

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Kuwait’s gold market sees soaring demand despite record prices

Gold trading prices in Kuwait rose by 1.39% yesterday, with 24-karat gold reaching 41.593 dinars per gram, up 571 fils…

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Indian firm MEIL wins $225.5 Million Kuwait Oil Company contract

Mega Engineering and Infrastructure Limited (MEIL) has won a $225.5 million (69 million dinars) strategic contract from Kuwait Oil Company…

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Mutlaa City sees 149 real estate deals in 2025, highlighting growing market activity

From January to October 15, Mutlaa City recorded 149 real estate transactions, with the highest deal reaching 600,000 dinars for…

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Fitch predicts fiscal surpluses for Kuwait in 2025 amid strong MENA economic growth

Fitch Ratings highlighted in a recent report that ongoing economic reforms and solid financial conditions across the Middle East and…

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Kuwaiti banks showcase economic strength at IMF and World Bank meetings in Washington

The Kuwait Banking Association hosted a reception in Washington, D.C., recently, on the sidelines of the annual meetings of the…

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Central Bank of Kuwait strengthens consumer protection with new banking guidelines

In a major step to enhance financial transparency and protect customer rights, the Central Bank of Kuwait (CBK) has issued…

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