Business
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Dollar plummets to 0.306 dinar, euro surges to 0.335
The exchange rate of the US dollar against the Kuwaiti dinar decreased by 0.11 percent on Sunday, reaching the level…
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KIA slips to sixth as world’s largest sovereign fund
The International Institute of Global Sovereign Funds has revised its ranking of the Saudi Public Investment Fund following the transfer…
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Local banks provide on average 555.6 million dinars to finance imports in Jan
According to data released by the Central Bank of Kuwait, Kuwaiti banks provided an average of 555.6 million dinars in…
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LuLu Hypermarket clinches third consecutive ‘Service Hero’ award
LuLu Hypermarket, the leading retailer, has once again earned the prestigious ‘Service Hero 2023 Customer Service Assessment’ award. This achievement…
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Investors shift focus to cash distributions as general assemblies commence
With the onset of general assemblies, investors are recalibrating their strategies, placing greater emphasis on rapid cash distributions from top-tier…
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KIB unveils innovative multi-currency Visa prepaid card
Kuwait International Bank (KIB) recently held a press conference to introduce its latest digital product, the multi-currency Visa prepaid card,…
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Year of milestones and record highs, a look at Sensex journey
Year 2024 has already started becoming the year of milestones and record highs with the Indian market having hit yet…
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CMA engages with foreign investors at HSBC forum
The Capital Markets Authority, in collaboration with the Kuwait Clearing Company, recently participated in the HSBC Middle East, North Africa,…
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‘Key Land’ project’s success sparks regional expansion plans
The remarkable success of the “Key Land” project, covering an 8,000-square-meter area along the Arabian Gulf shoreline, has paved the…
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Investment Dar company presents preventive settlement plan to creditors
During a meeting, the Investment Dar Company unveiled its preventive settlement plan, dubbed the “Falcon” project, to all its creditors…
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