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Business

Kuwait’s economic growth recovering slowly – Belgian Finance House report

‘GCC current account balance again becomes positive’ BRUSSELS, May 30, (KUNA): The six-member Gulf Cooperation Council (GCC) countries have implemented significant fiscal consolidation and this …

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NBK leads the way in partnership with RippleNet

Deal to offer instant cross-border payments service KUWAIT CITY, May 29: The National Bank of Kuwait (NBK) continues to introduce innovative and the newest technology …

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Dubai cancels corporate fines to boost business

Govt spending on infrastructure helping economy, but real estate, equity markets slumping DUBAI, May 29, (RTRS): Dubai is exempting companies from administrative fines in a …

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OPEC production reduction scheme a success: Al-Ghais

‘Oil surplus down by 20m barrels’ KUWAIT CITY, May 29: Kuwaiti Governor in the Organization of Petroleum Exporting Countries (OPEC) Haitham Al-Ghais said the recent …

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Kuwait’s banking sector profits grew 8.9%: KPMG

Total assets reach $251.9 bln, up 5.9% in 2017: report KUWAIT CITY, May 28: KPMG has recently released the third edition of the ‘GCC listed …

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‘Development, innovation, attracting funds are needed to get promoted from frontier markets’

Marmore participates in Global Investor Forum on ME Asset Management KUWAIT CITY, May 28: Marmore, a research subsidiary of Kuwait Financial Center “Markaz” has participated …

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AUB launches digital partnership with Ajar Online

Service enables tenants to make rental payments fast and secure KUWAIT CITY, May 27: Ahli United Bank (AUB) has announced an exciting new partnership with …

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KIC to study financing options for ‘strategic projects’ of KPC

Three year contract for KD 168,000 signed KUWAIT CITY, May 27: The Kuwait Petroleum Corporation (KPC) has signed a contract with the Kuwait Investment Company …

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NBK named Best Bank in Kuwait 2018 – Bank recognized by Global Finance

KUWAIT CITY, May 26: National Bank of Kuwait (NBK) has been named the Best Bank in Kuwait 2018 by the international financial publication Global Finance. …

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OPEC says no to oil at $80 a barrel … too fast too soon

Next step is to gradually balance supply Oil consumers agree that the price level of $80 per barrel is too high and has to be …

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