Thursday , December 14 2017

Business

Kuwait’s inflation bounces up to 1.4 pct in Oct

Consumer price inflation bounced to a multi-month high of 1.4% in October, as inflation in the retail sector provided a healthy boost to the general index. Inflation excluding housing rent, food costs and energy prices, rose from 2.5% y/y in September to 3.3% y/y in October, highlighting some upward inflationary …

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Kuwait’s current account surplus improves in 2017

Kuwait’s current account surplus improved slightly in 2Q17 on lower remittances, a decline in imports, and some gain in investment income during the quarter. The surplus improved to KD 0.62 billion, up from KD 0.44 billion in 1Q17, rising to an annualized 6.9% of GDP. The balance continues to show …

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Kuwait set as investment attraction – Roadshow on

LONDON, Dec 9, (KUNA): Kuwait succeeded in providing all legislative and procedural frameworks to boost its ability in attracting foreign investments, a number of economic experts agreed here Saturday. At Kuwait Investment Outreach Roadshow, a series of three events that started in London last night, participants underlined that Kuwait, due …

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