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Business

KFH Capital ‘lead manager’ inraising $1b Sukuk for Al Rajhi

KUWAIT CITY, April 8: The CEO of KFH Capital, the investment arm of Kuwait Finance House, Abdulaziz Nasser Al-Marzouq, said that KFH Capital acted as …

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Real estate prices in Kuwait continue to ‘decline’ at a slow pace

Data shows 6% decrease in Q1 of ’23 KUWAIT CITY, April 6: The private housing sector is still witnessing stagnation, as evident in the continuation …

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Banks may impose commission on Apple Pay payments via Knet

Fee for each transaction ranges between 0.05 and 0.15 percent KUWAIT CITY, April 6: Discussion has recently opened about the possibility of increasing the commission …

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PUMC to provide smart bathrooms within parking limits for ‘small fee’

KUWAIT CITY, April 5: The State Property Department of the Ministry of Finance has approved the licensing of smart bathrooms within the surface of parking …

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Trading halt on some shares affects small investors

‘Audit authorities implement procedure for existence of legitimate threats’ KUWAIT CITY, April 5: The trading on shares of listed companies at Boursa Kuwait (the stock …

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CBK completes process to issue new banknotes

KUWAIT CITY, April 5: The Central Bank of Kuwait announced today, Tuesday, the completion of the process of providing all local banks with new notes …

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Kuwait’s budget sees unprecedented jump in last fiscal

KUWAIT CITY, April 4: The State revenues last month saw an unprecedented jump in surpluses since the beginning of the fiscal 2022/2023, reports Al-Rai daily. …

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‘Boubyan fastest growing brand in Kuwait at growth rate of 33%’

KUWAIT CITY, April 3: Boubyan Bank made a new achievement that adds to its successes over the past years, as the bank was ranked on …

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3 firms get nod to supply school canteens food

KUWAIT CITY, April 3: The Assistant Undersecretary for Educational Development and Activities at the Ministry of Education, Dr. Ghanem Al-Sulaimani, has given nod for three …

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KOC awards tender for Jurassic wells to ‘second lowest’ bidder

KUWAIT CITY, April 3: The Kuwait Oil Company has decided to award the tender for security and safety improvements and the control, supervision and data …

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