Business
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Government agencies secure 799.4 million dinars through listed company distributions
Data prepared by Al-Anbaa revealed that the share of government agencies and institutions in cash dividend distributions for companies listed…
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Kuwait’s oil sector awards and extends contracts worth 100 million dinars
The sources sharing further details said that the decisions came to award a tender to the Kuwait Integrated Petroleum Industries…
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U.S. doubles oil imports from Kuwait, surging 1.65 times, amounting to $104.2 million
The data indicated that the United States, increased its oil imports from Angola 2.4 times, and Kuwait 1.65 times until…
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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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