Business
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KOTC issues tender to renovate crisis room, upgrade smart command center
The project will cover the renovation of the crisis room and upgrading of the company’s smart command centre. The Kuwait…
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Central Bank tightens accounting rules for electronic payment sector
New rules set how partner funds, equity and liabilities must be presented, while strengthening procedures for freezing customer funds in…
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Kuwait sees exhibition boom as licenses jump 52.3 percent during first half of 2026
Exhibition licenses in Kuwait rose significantly during the first half of 2026, reaching 355, up by 122 licenses or 52.3…
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Central Bank of Kuwait steps up fight against financial fraud
The Central Bank of Kuwait has ordered all exchange companies to join the Central Chamber and report cases of electronic…
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Kuwait collective investment assets rise to 3.45b dinars in first half of 2026
Assets held by collective investment schemes in Kuwait rose 7.1 percent to 3.45 billion dinars by the end of June…
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Kuwait steps up global investment drive as $16b Shaheen project signals major FDI push
Kuwait is stepping up efforts to expand investment and economic opportunities, with the government’s open approach attracting global companies and…
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Commercial concealment law applies not only to foreigners but also citizens
Kuwaiti government employee may own 100 per cent of a partnership or a one-person company, provided that the employee does…
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Kuwait banks seek ‘friendly’ understanding as competition intensifies on retail loan, deposit rates
Some Kuwaiti banks are pursuing a “friendly” understanding among retail banking policymakers to contain increasingly aggressive competition over individual loans…
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Kuwaiti oil falls $1.22 to $82.84 a barrel
The price of Kuwaiti crude oil fell by US $1.22 to US $82.84 per barrel in trading on Wednesday, compared…
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Commerce Ministry reviews shipping costs, supply risks amid regional tensions
Ministry of Commerce and Industry has met with representatives of shipping companies to assess the latest developments affecting maritime transport…
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