Business
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Switzerland’s timeless luxury, exquisite elegance awaits Gulf tourists this summer
Swiss luxury embodies a seamless fusion of timeless hospitality, rich traditions, and cutting-edge infrastructure, exuding elegance at every turn. Its…
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Local inflation rises 2.49% year-on-year in February
According to data released by the Central Administration of Statistics yesterday, the consumer price index (CPI) increased by 2.49% in…
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Kuwaiti projects market hits $215 billion amid marginal decline
According to MEED, the Gulf Projects Index also saw a minor decline of 0.04% ($1.5 billion) during the same period,…
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Majority of ‘Money Exchange Shops’ face imminent closure
Informed sources told Al-Qabas that not a single company or exchange institution has applied to the Ministry of Commerce and…
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Mortgage law a game changer for Kuwaiti lenders, reveals “The Banker”
Kuwaiti banks, thriving in a stable market are poised for growth with the upcoming mortgage law reforms. Kuwaiti government’s focus…
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Kuwait’s Central Bank orders immediate suspension of upcoming withdrawals
The Central Bank of Kuwait has issued a directive to local banks, to immediately suspend all upcoming withdrawals until the…
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Foreign investors still underweight on Gulf stocks
International investors have pumped more than $60 billion into Gulf stocks over the past five years but their share of…
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Emerging market local currency bonds rebound amid global uncertainty
A report published by Bloomberg, highlights the increasingly unusual recovery in emerging market local currency bonds. Investors are increasingly turning…
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Bader Nasser Al-Kharafi appointed Chairman of Kuwait Stock Exchange Board
Bader Nasser Al-Kharafi, the new Chairman of Kuwait Stock Exchange, brings 20+ years of expertise in finance, banking, industry, and…
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Kuwait projects 631 million dinars in taxes and fees for 2025-2026
The new fiscal year 2025/2026 budget law confirms that no fees or taxes will be imposed on total salaries, wages,…
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