Business
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‘Al-Shall’ reports Kuwait’s real estate market soars with 13.8% liquidity boost
The weekly Al-Shall report reviewed developments in the local real estate market during November. According to data from the Ministry…
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OAPEC to hold ‘113th Council Meeting’ in Kuwait tomorrow
The Organization of Arab Petroleum Exporting Countries (OAPEC) will hold its 113th meeting of the Organization’s Council of Ministers tomorrow,…
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Revolutionizing cross-border payments: LuLu Financial Holdings partners with Circle
LuLu Financial Holdings, a global financial services conglomerate, has announced a strategic partnership with digital financial technology firm Circle Internet…
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Limited increases in stock market indices as liquidity reach 71.8 million dinars
The positive trend in Kuwait’s stock market persisted, albeit modestly, during the final trading session of the week. The general…
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AI to revolutionize construction industry from design to implementation
The Middle East Economic Digest (MEED) Magazine reviewed the importance of Artificial Intelligence (AI) and its significant impact on the…
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Kuwait to sustain large current account surpluses through 2025
According to a recent report by the Institute of International Finance, the Gulf Cooperation Council countries have managed to navigate…
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‘Fitch’ reports oil prices to balance most Gulf budgets in 2025
A recent report by Fitch Ratings expects oil prices to exceed the level needed to balance the budgets of most…
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Oil prices expected to exceed ‘break-even’ levels in Gulf budgets in 2025
Fitch Ratings has set a “neutral” economic outlook for the Middle East and North Africa (MENA) region in 2025. This…
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Kuwait’s foreign exchange reserves increases to 127 million dinars in November
The latest monthly bulletin issued by the Central Bank of Kuwait revealed that the country’s foreign exchange reserves increased at…
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Kuwaiti banks achieve unprecedented financial safety indicators by Q3 2024
Kuwaiti banks are considered as one of key pillars of the national economy, supported by strong financial indicators that strengthen…
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