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Financials and Investment News in Kuwait

Kuwait: G7 Finance Ministers to Boost Cooperation in Combating Finance Cyber Crimes
5/14/2017 - Financial leaders of seven leading world economies, known as the G7, pledged stronger cooperation against cyber-crime and not to use foreign exchange to gain competitive advantage, but stuck to their...
Kuwait's Trade Surplus with Japan More Than Doubled
5/22/2017 - Kuwait's trade surplus with Japan more than doubled to JPY 42.2 billion (USD 379 million) from a year earlier in April thanks to strong exports, the Japanese Finance Ministry said

The surplu...
Kuwait: Closer Ties between the Ministers of Commerce and Industry in the Gulf Cooperation Council
5/23/2017 - The Ministers of Commerce and Industry in the Gulf Cooperation Council (GCC) met to examine strategies to deepen cooperation on both regional and international levels.

The Kuwaiti Ministry...
Kuwait Eyes Developing Different Transport Sectors
5/24/2017 - Kuwait is looking forward to implementing "Vision 2035" where government eyes development of various transport sectors, electricity and information technology.

This development will be throu...
Kuwait Urges "New Mechanism" For Arab Customs Union
5/29/2017 - Finding a "new mechanism" is essential for forming Arab Customs Union and, eventually, Arab joint market, a Kuwaiti official stressed

It is important to evaluate the past 19 years of activi...
Kuwaiti Stocks Close Up
5/30/2017 - Kuwaiti stocks closed trading in the green zone.

The benchmark went up by 63.98 points to settle at 6,726 points.

The Weighted and KSX 15 indices also rose by 0.94 and 0.76 points re...
Kuwait Bourse Ends Trading in Green Zone
5/31/2017 - Boursa Kuwait, the country's official stock exchange, ended trading in the green zone.

The benchmark went up by 58.5 points to settle at 6,785.37 points.

The Weighted and KSX 15 in...
Kuwait Bourse Ends Trading on Mixed Board
6/4/2017 - Boursa Kuwait, the country's official stock exchange, ended trading on mixed board.

The benchmark went up by 16.83 points to settle 6,830.02 points. The Weighted and KSX 15 indices went dow...
Kuwait: Qatari, German Fms Discuss Bilateral Ties
6/7/2017 - Qatari Foreign Minister Sheikh Mohammad bin Abdulrahman Al Thani discussed by phone with his German counterpart Sigmar Gabriel the friendly relations between the two countries.

The conversati...
Kuwait Signs Agreement on Tax Base Erosion, Profit Shifting
6/8/2017 - In an extraordinary step, Kuwait signed a multi-party agreement to implement prevention measures regarding base erosion and profit shifting.

Kuwait's Ambassador in Paris Sami Al-Sulaiman he...
Kuwaiti Stocks Close on Mixed Board
6/8/2017 - Kuwaiti stocks ended trading on mixed board. The benchmark and Weighted indexes closed down by 36.28 points and 0.19 points respectively, while the KSX 15 index hiked by 4.01 points.

As many...
Kuwaiti Stocks Close Up
6/12/2017 - Kuwaiti Stock Exchange, or Boursa Kuwait, ended trading in the green zone. The benchmark went up by 20.18 points to settle at 6,774 points.

The Weighted and KSX 15 indices also rose by by 1....
Kuwaiti Stocks Close on Mixed Board
6/13/2017 - Kuwait's stock exchange ended trading on mixed board.

The benchmark index went up by 2 points to 6,776 points, while the Weighted KSX 15 index fell 1.08 and 4.68 points respectively.

...
Kuwait: World Bank Reveals USD 520 Mln for Afghanistan
6/14/2017 - The World Bank announced a USD-520-million financing package for Afghanistan "to help the country through a difficult phase in its struggle to end poverty and to signal a long-term commitment to the c...
Kuwait: EU Int'l Trade Up By 9 Pct
6/15/2017 - From January to April 2017, EU exports of goods to the rest of the world stood at 607 billion euro (USD 678 billion), an increase of 9 percent compared with January-April last year.

EU impor...
Kuwait, Turkish Fms Discuss Bilateral Ties
6/15/2017 - Kuwaiti First Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Khaled Al-Hamad Al-Sabah discussed boosting bilateral ties with his Turkish counterpart Mevlut Cavusoglu .

Th...
Kuwaiti stocks close up
6/18/2017 - Kuwaiti Stock Exchange, or Boursa Kuwait, ended trading in the green zone. The benchmark went up by 42.41 points to settle at 6,853 points.

The Weighted and KSX 15 indices also rose by 5.93...
Kuwait's Trade Surplus with Japan Nearly Doubles
6/19/2017 - Kuwait's trade surplus with Japan nearly doubled to JPY 48.2 billion (USD 433 million) from a year earlier in May, as exports remained strong, the Finance Ministry said

The surplus jumped b...
Kuwait: New Cmes for Issuing Micro-Business Licenses
6/20/2017 - Two committees have formed to set up executive mechanisms for issuing micro-business and mobile food trucks licenses, Minister of Trade and Industry Khaled Al-Roudhan said

The statement foll...
Kuwait's Inflation Up 2.7 Pct in May - CSB
6/20/2017 - The Consumer Prices Index (CPI) has risen by 2.7 percent in May year-on-year, the Central Statistical Bureau (CSB) said

The index figure for May 2017 recorded an increase of 0.07 percent, c...

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