Business
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IMF report confirms Kuwait’s economy remains heavily dependent on oil
Al-Shall Financial Consulting Company reviewed the press release issued by the International Monetary Fund (IMF) following a visit to Kuwait…
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AFESD strengthens ties with IMF to harness AI for regional economic growth
The Arab Fund for Economic and Social Development (AFESD) confirmed its commitment to enhancing collaboration with the International Monetary Fund…
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Boursa records 19.3 billion dinars liquidity in first nine months of 2025
A specialized economic report revealed that the liquidity of the Kuwait Stock Exchange during the first nine months of 2025,…
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Elon Musk close to becoming first ‘historic trillionaire’, Forbes reports
Elon Musk, CEO of Tesla and SpaceX, is edging closer to becoming the world’s first trillionaire, according to Forbes magazine.…
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Kuwait attracts leading US financial firms, boosting its role as a regional hub
Analysts note that this influx of international players could enhance Kuwait’s competitiveness, attract more foreign capital, and raise confidence among…
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Kuwait returns to global debt markets with historic $11.25 billion bond issuance
Kuwait has successfully returned to the international debt markets for the first time since 2017, raising $11.25 billion in one…
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Commerce Ministry ‘stamps’ over 59.3 tons of precious metals in seven months
To maintain market integrity, the Precious Metals Department enforces strict measures against unstamped or counterfeit gold. Inspection teams are dispatched…
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US federal government shuts down amid funding stalemate
The US federal government has officially shut down after lawmakers failed to reach a deal on temporary funding. The deadlock…
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US H-1B Visa hike sparks shift of high-value work to India GCCs
Donald Trump’s H-1B visa crackdown will hasten US firms’ shift of critical work to India, turbocharging the growth of global…
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Dollar slips ahead of US data releases and government shutdown risks
The US dollar weakened on Monday as investors awaited a series of key economic reports that could influence the Federal…
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