Business

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…

Read More »

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,…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

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…

Read More »

Kuwait’s banknotes, coins in circulation exceed two billion dinars

According to figures released by the Central Bank of Kuwait (CBK), the total value of banknotes and coins in circulation…

Read More »

Banks demand facilities be used for business activities, not profit distribution

Banks have refused to provide financing to a listed company that sought liquidity to distribute dividends to shareholders for the…

Read More »

Kuwait, Saudi advance Dorra gas field development with Khafji Joint Operations

According to a recent report by MEED magazine, contractors are preparing to submit bids for a major $10 billion gas…

Read More »

Kuwait’s real estate transactions hit KWD 615.4 million in two months

Kuwait’s real estate market saw a remarkable surge in the first two months of this year, January and February, with…

Read More »