Saturday, May 25, 2019

Foreigners can own, trade local bank shares in Kuwait

The Kuwaiti Ministry of Commerce and Industry has issued a decision allowing foreign investors to own and trade in Kuwaiti banks’ shares. But the...

Kuwait Finance Minister urges retirees’ experience to be tapped

Kuwaiti Minister of Finance Nayef Al­Hajraf said on Monday it is imperative for the society to revise its negative attitude towards the retirees, and...

Vision 2035 to attract more foreign investments

The New Kuwait 2035 strategic plan, which reportedly has already spent over US$60 billion on various development projects and expects to spend...

Kuwait commerce Minister calls for updating economic laws

Kuwait's Minister of Commerce and Industry Khaled Al­Roudhan on Wednesday affirmed necessity of updating economic laws for boosting investments including small enterprise. The minister said...

FinTech initiatives to enhance efficacy of financial system

Central Bank of Kuwait (CBK) is mulling several initiatives aimed at completely revamping and upgrading the IT infrastructure, as well as policies, processes and...

Kuwait Fund participates in Global South-South Expo ’18

Kuwait Fund for Arab Economic Development (KFAED) was participating in the Global South Expo 2018, held at the UN headquarters in New York. KFAED...

Petrochemical sales up to USD 6.8 trillion by 2020 – PIC

Growth in sales operations in the petrochemical field are expected to reach about USD 6.8 trillion around the world by 2020, said Kuwait's Petrochemical...

Experts call for harmony among Gulf markets’ influential quarters

Economic experts on Wednesday affirmed necessity of integration and harmony among influential quarters at the capital markets in the Gulf region to face various...

Saudi investors in Kuwait to explore opportunities

A Saudi trade delegation is currently visiting the country to discuss prospected joint enterprises by businessmen from the two neighboring countries. The Saudi delegation visit...

Kuwait content over COMCEC’s adoption of ‘easing of trade’ – Minister

Kuwait is content over adopting "easing of trade" among OIC members by COMCEC Standing Committee, said Finance Minister Nayef Al­Hajraf Wednesday. In a speech...

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