Business
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Tebyan, Saudi MEPC forge strategic partnership at World Defense Show
Tebyan Systems Company announced the signing of a memorandum of understanding (MoU) with Middle East Aircraft Engines Co. Ltd. (MEPC)…
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Kuwait approves 2026/2027 budget; deficit set to surge to 9.8 billion dinars
The Ministry of Finance has released the full details of the 2026/2027 fiscal year budget, highlighting a focus on salaries,…
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Credit card spending in Kuwait climbs to 5.3 billion dinars in 2025
Total credit card spending denominated in Kuwaiti dinars reached approximately 5.3 billion dinars in 2025, compared with around 4.6 billion…
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WTO Chief urges reform of global trading system ahead of key meeting
Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, called on Friday for comprehensive reforms to the global trading framework, acknowledging…
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Kuwait’s Tebyan expands aviation ambitions with strategic MoU at World Defense Show
Tebyan Systems Company has signed a memorandum of understanding with Middle East Propulsion Company (MEPC) during their participation in the…
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GFH reports 18.2 percent rise in annual net profit attributable to shareholders
GFH Financial Group announced its financial results for the fourth quarter and full year ended 31 December 2025, reporting higher…
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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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