Business
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Kuwait sees cash usage drop to 30 percent as digital payments surge; leads GCC states
Kuwait is experiencing a remarkable acceleration in the adoption of digital payment solutions, with the use of cash in daily…
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Boursa ends Wednesday lower as Main Market bears the brunt
The Kuwait Stock Exchange closed trading on Wednesday in negative territory, with the general index falling by 11.73 points, or…
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Oil prices edge higher on rising US–Iran tensions
Oil prices posted modest gains in early Thursday trading as investors monitored escalating tensions between the United States and Iran,…
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Moody’s affirms stable outlook for Kuwait banking sector on non-oil growth momentum
Moody’s links the stable outlook for Kuwaiti banks directly to continued expansion in the non-oil economy, supported by heavy government…
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Global business leaders gather in Dubai for prestigious Business Tabloid Awards
On 22nd January, 2026, the 6th Annual Business Tabloid Awards concluded successfully at The Westin Mina Seyahi, Dubai, bringing together…
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Finance Ministry submits 9.8 billion dinar deficit budget as spending rises and oil revenues weaken
The Ministry of Finance has submitted the draft general budget for the 2026/2027 fiscal year to the Council of Ministers,…
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Jazeera Airways reports record profit at 21.8 million dinars for FY 2025
113.7% year on year increase in net profit Board of Directors recommends a dividend of 85 fils per share Jazeera…
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Kuwait banks backed by government, poised for Vision 2035 growth: Moody’s
A recent Moody’s Investors Service report highlights the strong financial foundations of Gulf banks, emphasizing that robust government buffers and…
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Gold fever: $19 billion flows into ETFs as prices hit $5,000 per ounce amid market volatility
Gold-backed exchange-traded funds (ETFs) saw a record inflow of $19 billion in January 2026, despite a recent dip in the…
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Kuwait sees 155 pc surge in licensed real estate appraisers amid regulatory overhaul
Monitoring violations remains a top priority. The Ministry continues to enforce transparency and compliance with anti-money laundering and counter-terrorism regulations.…
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