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Business

Kuwaiti banks enjoy adequate levels of liquidity and not impacted by Brexit – Regional funding costs not expected to be hit: Al-Marzouq

KUWAIT CITY, June 28: The General Manager of Treasury Group at NBK, Sulaiman Al-Marzouq, stated that it is difficult to predict the levels the Euro …

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Residential sales pick up; prices remain soft

Activity in the real estate market improved ahead of the holy month of Ramadan and the summer season, amid benign macro conditions and enhanced consumer …

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KSE index rebounds as volume picks up – NBK rises 10 fils; Humansoft slips 40 fils

KUWAIT CITY, June 27: Kuwait stocks saw a solid rebound on Monday after suffering big losses in the previous session on the backdrop of Britain’s …

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Kuwait’s finance min expresses confidence in UK investments – Brexit vote unlikely to curtail Gulf appetite for British property

DUBAI, June 27, (Agencies): Kuwaiti Finance Minister Anas Al-Saleh said on Monday that the Gulf Arab kingdom’s investments in Britain were “high-quality and long-term”, state …

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Oliver Wyman supports Kuwait prepare bonds for int’l sale – Govt seeks ways to plug budget deficit as oil price drops

KUWAIT CITY, June 27: Kuwait is turning to the international bonds market to plug its budget deficit as the oil dependent country bears the brunt …

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YIACO Medical announces new partnership with Nihon Kohden

KUWAIT CITY, June 27: In line with its continued commitment to improving the overall quality of healthcare in the country, YIACO Medical Company, one of …

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ACK wins prestigious award from KOC

The Australian College of Kuwait’s (ACK) “Smoking Awareness Initiative” has won the prestigious Kuwait Oil Company’s (KOC) CEO Health, Safety, Security and Environment (HSSE) Award …

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Kuwait stocks plunge amid volatile trading – Americana sheds 40 fils, Burgan Bank gains 5 fils

KUWAIT CITY, June 26: Kuwait stocks dropped sharply on Sunday in the first trading session after Britain voted to leave the European Union. The price …

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Saudi non-oil GDP growth to slow to 2.8% – April imports plunge

DUBAI, June 26, (RTRS): Growth in Saudi Arabia’s non-oil gross domestic product is expected to slow to 2.8 percent in 2016 from 3.4 percent in …

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ATAHUB wins Kuwait E-Content award – Organization invites all to participate in #all4ata campaign

KUWAIT CITY, June 26: ATAHUB organization, an online platform, celebrated winning the third place in Kuwait Award for E-Content, which is the second prize the …

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