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Financials and Investment News in Kuwait

Kuwait: His Highness the Amir Receives Commerce Min., Sheikh Meshal Al-Jaber
4/2/2017 - His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah received at Bayan Palace Minister of Commerce and Industry and Acting State Minister for Youth Affairs Khaled Nasser Al-Rouda...
Kuwait: Boursa Kuwait's price index plummets by 81.81 pts early
4/3/2017 - The price index of Boursa Kuwait plummeted 81.81 points in early morning trade, coming to 6,939 points. M

The weighted index and KSX 15 also were down by 2.65 and 6.52 points respectively. Up...
Kuwait Increases Investment Expenditure
4/4/2017 - The State is increasing financial allotments for investment spending with aim of hiking growth in non-oil sectors of the national economy, said the deputy premier and minister of finance.

In...
KUWAIT: Ministry Of Finance Signs Mou with Sabah Al-Ahmad Centre for Giftedness and Creativity
4/6/2017 - As part of its commitment to strengthen cooperation and exchange expertise on innovation, the UAE Ministry of Finance, MoF, has signed an MoU with Sabah Al-Ahmad Centre for Giftedness and Creativity, ...
Kuwait Bourse Ends Trading In Red Zone
4/6/2017 - Boursa Kuwait, formerly known as the Kuwait Stock Exchange, ended trading in the red zone with the benchmark going down by 29.81 points to 7,029.8 points.

The Weighted and KSX 15 indices were...
Kuwait: New CBK Headquarters Architectural Landmark in Kuwait's Skyline
4/9/2017 - The new landmark headquarters of the Central Bank of Kuwait (CBK) is a symbol of the country's cultural and commercial identity, and its financial prowess and rapidly developing economy.

Aff...
Boursa Kuwait Ends Trading in Red Zone
4/10/2017 - Trading at Boursa Kuwait ended trading in the red zone with the benchmark down by 7.1 points to settle at 7,008.2 points.

The weighted index went down by 0.83 points to stand at 420.91 poin...
Kuwait: His Highness the Crown Prince Receives His Highness Sheikh Nasser, CBK Governor
4/11/2017 - His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received at Bayan Palace His Highness Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah.

His Highness Sheikh Nawaf also recei...
Kuwait Bourse ends Trading in Mixed Boards
4/12/2017 - Boursa Kuwait, formerly known as the Kuwait Stock Exchange, ended trading with mixed boards.

The benchmark was up 12.34 points to reach 7,042 points. The Weighted and KSX 15 indices were do...
Global Economic Upswing Materializing at Modest Pace IMF
4/18/2017 - Although it is "modest" and has "subdued" longer-term potential growth rates the global economic upswing that the International Monetary Fund (IMF) has expected seems to be "materializing," according ...
Kuwait: Global Financial Stability Continues to Improve IMF
4/19/2017 - Financial stability has "continued to improve" since the last Global Financial Stability Report (GFSR) last October, the International Monetary Fund (IMF) announced

As reflected in Tuesday'...
Speaker Al-Ghanim, WB Pres. Meet in Washington, Discuss Kuwait's Economic Reforms
4/19/2017 - The National Assembly Speaker of Kuwait Marzouq Al-Ghanim and his accompanying delegation met with World Bank (WB) President Jim Yong Kim in Washington late , discussing with him economic reform in Ku...
Kuwaiti Delegation's Meetings at World Bank Positive
4/20/2017 - Discussions and meetings of the Kuwaiti parliamentary delegation, led by the National Assembly Speaker Marzouq Al-Ghanim, at the World Bank (WB) were positive and productive, Dean of the Executive Boa...
Global Economic Recovery "Gaining Momentum" but Growth "Modest"
4/22/2017 - The International Monetary Fund reiterated that the global economic recovery is "gaining momentum, commodity prices have firmed up, and deflation risks are receding.

" According to the Commun...
Kuwait Min: GCC Determined to Rope Youth in to Economy
4/26/2017 - Kuwaiti Minister of Commerce and Industry Khaled Al-Roudan said the GCC member states are bent on drawing Gulf young people to economy by spurring small-sized enterprises.

Al-Roudan, who do...
Kuwait: Burgan Bank Posts KD 17.8 Mln (USD 58.4 Mln) in Q1 Profits
5/2/2017 - Kuwait's Burgan Bank Group announced net profits of KD 17.8 million (USD 58.4 million) in the first quarter of 2017, compared to KD 14.3 million in the same period of last year.

Chairman of...
Kuwaiti Finance Minister Arrives in Manama to Meet Senior Bahraini Officials
5/3/2017 - Kuwait's Deputy Prime Minister and Minister of Finance Anas Al-Saleh arrived in the Bahraini capital Manama to take part in the meeting of GCC finance ministers tomorrow.

Upon arrival, Al-S...
Boursa Kuwait's Trades past Week Focus on Small Chips
5/4/2017 - Trades at Boursa Kuwait in the past week sessions were distinguished with focus on low-value chips, speculations and profit bagging.

Purchase operations targeted chips valued less than 50 fi...
Kuwait: Erdogan: Turkey Pins Great Attention to Boosting Economic Ties with Kuwait
5/8/2017 - Turkish President Recep Tayyip Erdogan said that his country attaches great importance to the development of its economic and trade relations with Kuwait, one of the most stable, secure and prosperou...
Baghdad Keen on Attracting Kuwaiti Investments - Ambassador Al-Zamnan
5/9/2017 - The Iraqi capital Baghdad is keen on attracting Kuwaiti business personnel and companies to invest Iraq, said Kuwait's Ambassador to the fellow Arab country Salem Al-Zamnan.

This affirmation...

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