Business
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Kuwait awarded with $640 million contracts last September
MEED magazine said that Kuwait awarded contracts worth $640 million last September, noting that the Middle East and North Africa…
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S&P anticipates $9 trillion global debt issuance in 2024
Standard & Poor’s Global Ratings has raised its forecast for global debt issuance growth in 2024, supported by the possibility…
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Kuwait Stock Exchange liquidity climbs 10.9 billion dinars since start of 2024
The most traded shares this year were, “KFH” with 2.2 billion shares; “Gulf” with 1.8 billion shares; “GFH” with 1.7…
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Central Bank mandates payment and electronic money companies to “Kuwaitize”
The Central Bank of Kuwait stressed upon the providers of payment services, cash, and electronic payment system operations; to take…
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KFH sells 18.18 pct stake in Sharjah Islamic Bank
Kuwait Finance House (KFH), better known as Baitak, announced Thursday that the KFH Group’s entire stake in the UAE’s Sharjah…
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Central Bank mandates prior approval for electronic payment companies, when change in ownership or entry of new partners
The Central Bank of Kuwait called on providers of payment and cash services and operators of electronic payment systems, when…
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Gulf region becomes key player in growth of consulting industry
• Globally, the consulting industry is experiencing a prolonged slowdown, growing by just 3% to $250 billion in 2023. •…
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Stock market indices indicated mixed performance as liquidity hits 61.7 million dinars
The Kuwait Stock Exchange’s main indices varied during the third session of this week, after four sessions of decline since…
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Kuwait’s annual inflation climbed to 2.75% this September
According to the data from the Central Administration of Statistics, it showed that the consumer price index “Inflation” rose locally…
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Alshaya Group listed in Forbes ‘World’s Best Employers 2024’
Forbes, the international well-renowned business magazine and media company, published its eighth annual ranking of the World’s Best Employers 2024.…
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