The collapse of Silicon Valley Bank with its impact on other financial houses is going to have an impact on oil prices, with a drop …
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CMA to confront financial fraud at GCC nations level
KUWAIT CITY, March 18: The Capital Markets Authority succeeded in raising the file of financial fraud to the GCC countries, where the Chairman of the …
Read More »Gulf Bank approves distributing cash dividends of 10 fils per share and 5% bonus shares for 2022
KUWAIT CITY, March 18: Gulf Bank concluded its Ordinary Annual General Meeting (“AGM”) No. 64, and Extraordinary General Meeting (“EGM”) No. 41, held at the …
Read More »MPW requests gov’t to cancel 7 tenders for major road projects
Ministry working on solutions to fix internal road problems KUWAIT CITY, March 18: The Ministry of Public Works said it is in the process of …
Read More »LuLu Hypermarket launches traditional ‘Ramadan Souqs’
KUWAIT CITY, March 16: As part of its ongoing ‘Ramadan Special’ promotion that began on March 8, LuLu Hypermarket, the retail leader in the region, …
Read More »Kuwait Airways breaks record to JFK with the A330neo
KUWAIT CITY, March 16: In line with the airline’s strategy to match capacity with demand, optimize performance with the best in on board experiences for …
Read More »Building permits to be issued in April
KUWAIT CITY, March 16: The Prime Minister, His Highness Sheikh Ahmed Nawaf Al-Ahmad, called on state ministries and institutions to take executive steps at a …
Read More »World Bank underlines sustainable development to accomplish better revenues
KUWAIT CITY, March 15: The World Bank Group’s permanent representative in Kuwait, Ghasan Al-Khoujah has underlined the significance of sustainable development through the application of …
Read More »Kuwait banks eye broader deposit protection
KUWAIT CITY, March 15, (Agencies): Local banks are studying a proposal as part of broader protection efforts that call for the introduction of a new …
Read More »Zain Group 2022 revenue soars 14 pct to reach $5.6 bln, net profit grows 6% to reach $640 mn
KUWAIT CITY, March 14: Zain Group, a leading mobile telecom innovator in seven markets across the Middle East and Africa, announces its consolidated financial results …
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