Kuwait records notable improvement in Ease of Doing Business Index 2020 – KDIPA

Kuwait Direct Investment Promotion Authority (KDIPA) announced Thursday that Kuwait witnessed improvement by +4.80 points in its score in the Ease of Doing Business...

OAPEC’s 2018 annual report focuses on oil, gas and energy developments

The Organization of Arab Petroleum Exporting Countries (OAPEC) has issued its 45th annual report for 2018, focusing on overall Arab and global oil, gas...

KCB allows KFH’s acquisition of Bahrain’s Ahli United, on certain conditions

Kuwait Central Bank (KCB) has agreed with strings attached to Kuwait Finance House's acquisition of Bahrain's Al-Ahli United Bank, the country's top banker said...

CBK Governor: GCC central banks seek to enhance liquidity predictability

Central Bank of Kuwait (CBK) Governor Mohammad Al-Hashel says GCC central banks are seeking to create tools for boosting their predictability of banking liquidity....

Improving FDI promotes New Kuwait 2035 vision

Foreign Direct Investments (FDI) are key to attracting resources, including capital, skills and technology to a country. Foreign investments help Kuwait enhance productivity and...

Kuwaiti economists hail dual IPOs as historic milestone

Kuwaiti economists have agreed that the local stock exchange and Az-Zour North One Power Plant's initial public offerings (IPO), in which the companies' shares...

Privatization of power projects on the anvil

Kuwait has reportedly drawn up plans to sell up to 44 percent stake in Al Zour and Al Khiran power projects to investors by...

Fintech helps financial sector improve performance

Improved quality of assets held by banks that contributed to a doubling of net bank income from 9 percent in 2017 to 18 percent...

Minister: Kuwait’s improved WB business ranking due to relentless reforms

The State of Kuwait's inclusion in the top 20 Ease of Doing Business Index 2020 by the World Bank Group (WBG) is due to...

Competition law set to pass through Kuwait’s parliament – Minister

A new competition law pending approval by lawmakers will be referred to parliament for its upcoming session, said Kuwait's Minister of Commerce and Industry...

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