Business
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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…
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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…
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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…
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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…
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Kuwait’s economic reforms signal strong progress, sustainable growth
An economic report highlighted that Kuwait’s recent reforms, including taxing multinational companies, allowing foreign real estate ownership, and fast-tracking development…
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Iran’s non-oil exports to Kuwait, surge 34% in 10 months
The spokesman for the Trade Development Committee of Iran’s Council of Industries, Mines, and Trade announced a 34% increase in…
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Advocating for interests, issues, concerns of banks in Kuwait
PUBLISHED IN COOPERATION WITH “KBA prioritizes ongoing transparent dialogue to address topics and issues related to the banking industry.” –…
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Real estate developers, vital in solving Kuwait’s housing crisis
Kuwait’s housing crisis remains a significant challenge, driven by a combination of rising prices, real estate speculation, and limited local…
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Kuwait’s exhibition licenses soar to 7-year high, 42.4% in 2024
The Ministry of Commerce and Industry’ data revealed a significant 42.4% growth in the number of licensed showrooms in 2024,…
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Kuwait’s digital transformation, card transactions surge KWD 47.8 billion in 2024
In 2024, bank card transactions in Kuwait saw a 4.4% rise, reaching approximately 47.8 billion dinars compared to 45.8 billion…
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