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Wednesday , October 23 2019


455,300 Kuwaitis borrow money from banks, investment firms

CBK considering restructuring credit concentrations in banks’ portfolios KUWAIT CITY, Oct 13: Member of the National Assembly MP Dr Adel Al-Damkhi said the total number …

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KD 27.7 billion expense estimate unacceptable

ACCURATE BASIS FOR BUDGET ESTIMATIONS VITAL Kuwait Finance Minister Dr Nayef Al-Hajraf KUWAIT CITY, Oct 13, (KUNA): Kuwaiti Finance Minister Dr Nayef Al- Hajraf stressed …

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In search of alternative for oil

Kuwait must foray into petrochemical industry Kamel Al-Harami Independent Oil Analyst We all know that Kuwait is sitting on about 90 billion barrels of oil; …

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Kuwait non-oil exports up 164 pct in Sept compared to same period in ’18

Iraq top Arab country importing Kuwaiti exports KUWAIT CITY, Oct 12, (KUNA): Kuwait’s non-oil exports went up 164 percent last September, compared to the same …

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NBK reports 10.9% rise in 9M net profit

Total assets reach KD 28.9 billion, increasing by 6.6% year-on-year Nasser Al-Sayer, NBK’s Chairman and Isam Al-Sager, NBK’s CEO KUWAIT CITY, Oct 10: The National …

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Kuwait economic steps right direction

WASHINGTON, Oct 10, (KUNA): The World Bank has lauded economic steps that have been taken by the Kuwaiti Government for boosting the private sector saying …

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GCC int’l debt market on track for its best yearly performance in a decade

KUWAIT CITY, Oct 9: The GCC international bond market is on its way to post its best performance since 2010. As of end- August 2019, …

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Kuwait up in global competitiveness – Ranks 5th in Arab economy

KUWAIT CITY, Oct 9, (Agencies): Kuwait Direct Investment Promotion Authority (KDIPA) announced Wednesday that Kuwait has advanced by eight places to reach the 46th rank …

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MP purchased all buildings of Anwar Al-Sabah Complex

KUWAIT CITY, Oct 8: Recent information circulated by real-estate sector indicates that a current National Assembly member has purchased all buildings of Anwar Al-Sabah Complex …

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Customs signs with NSA environmental connectivity deal

Move to develop customs work Kuwaiti Customs signs agreement with NSA KUWAIT CITY, Oct 8, (KUNA): Kuwait General Administration of Customs signed with United States …

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