Encouraging Kuwait’s entrepreneurial ecosystem

Weaning the economy away from its addiction to oil revenue, and citizens away from their sense of entitlement to perpetual handouts from a welfare...

Oil analysts: price might reach US$100 in regional war scenario

As geopolitical tension grips the region, the price of oil, especially the Brent crude, is expected to hover around US$70 per barrel with the...

Mergers to meet changing economic environment

The recent spate of mergers and news of intended mergers among financial institutions in the six-nation Gulf Cooperation Council (GCC) bloc is being welcomed...

Bourse Chairman pleased with MSCI promotion

Chairman of Boursa Kuwait Company Hamad Al-Homaidhi has described Boursa Kuwait's promotion to an emerging market by Morgan Stanley Capital International (MSCI) as an...

Banks to offer higher interest on KD deposits

Following reports that some banks were paying higher interest on dollar deposits than on deposits in local currency, the Central Bank of Kuwait (CBK)...

Uzbekistan customs chief hails Kuwaiti support for bilateral trade

Uzbekistan's visiting State Customs Committee chief Murotjon Azimov on Sunday praised commercial and customs facilitations Kuwait provides to his country expressing keenness for further...

Locally grown COFE app partners with American Express

Kuwait based COFE app, the country’s favorite online coffee marketplace app, recently announced their partnership with American Express Middle East (AEME), the world class...

Alsayer wins prestigious KNPC Award

Al Sayer Group, the leading Conglomerate in Kuwait, was awarded with the twelfth Health, Safety and Environment Performance Award. This annually held event, organized...

Developing Asian economies to expand by 5.7 percent: ADB

Developing Asian economies will grow 5.7 percent in 2019, the Asian Development Bank (ADB) said in a report Wednesday, down from 5.9 percent in...

Standard and Poors forecasts stability for Kuwait’s economy

The government of Kuwait will remain in a substantial net asset position over the medium term, which should provide a safety buffer against external...

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