Business
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Central Bank holds interest rate at 4%, affirming Kuwait’s financial stability
The Central Bank of Kuwait (CBK) has maintained the discount rate at 4%, citing the continued stability and strength of…
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Digital innovations, sustainability, drive growth at Warba Bank
PUBLISHED IN COOPERATION WITH The Business Year (TBY), recently talked to CEO of Warba Bank, Shaheen Al Ghanem, to learn…
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Central Bank affirms Kuwait’s strong financial stability
The Central Bank of Kuwait announced that its current assessment of local economic and financial data indicates the continued soundness…
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Non-oil economic growth in Bahrain, Oman, and Qatar expected to exceed 3% in 2025
A report by the National Bank of Kuwait (NBK) predicts that economic growth in Bahrain, Oman, and Qatar will recover…
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Kuwait’s foreign exchange reserves stands at 12.52 billion dinars
The Central Bank of Kuwait reported that the balance of foreign exchange reserves reached approximately 12.52 billion dinars at the…
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National Bank forecasts Kuwait’s non-oil economy acceleration in 2025
A report issued by the National Bank of Kuwait stated that preliminary estimates issued by the Central Statistical Administration indicate,…
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LuLu Kitchen: Signature dishes by Corporate Chef Deepraj Singh, now on Deliveroo
LuLu Hypermarket, the regional leader in retailing, has delved into the culinary world through their LuLu Kitchen. The concept launched…
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Jazeera Airways posts strong 3Q 2024 financial performance
• 66.1% increase in 3Q 2024 net profit at KD 11.6 million, passenger numbers grow to 1.4 million • 9M…
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National Bank: Lower interest and accelerated project initiatives propel local lending
A report issued by the National Bank of Kuwait (NBK) stated that the growth of credit granted by Kuwaiti banks…
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51 houses sold for 22.5 million dinars in a week
The residential sector accounts for 51.2% of total real estate transactions, highlighting growing demand for homes, lands, and apartments. In…
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