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Financials and Investment News in Kuwait

Boursa Kuwait Ends Trading With Mixed Boards
9/13/2017 - Boursa Kuwait, the national stock exchange, ended trading with mixed boards as the benchmark went up by 18.94 points to settle at 6,924.92 points.

The weighted index went down by 1.36 points...
Kuwait: Oil Market Nears Balance as Demand Firms, Output Drops - IEA
9/13/2017 - Global oil markets are headed towards greater supply/demand balance as world oil demand is firming and OPEC and non-OPEC countries are in greater compliance on production restraint, the International ...
Kuwaiti Oil Price up 79 Cents to USD 51.56 Pb
9/14/2017 - The price of Kuwaiti oil went up by 79 cents to USD 51.56 per barrel as oppose to USD 50.77 pb , said Kuwait Petroleum Corporation (KPC) .

At the global level, the prices went up after the ...
Kuwait Eyes New Markets to Export National Products
9/18/2017 - Kuwait's Public Authority for Industry (PAI) is currently pondering new regional and international markets for exporting Kuwaiti products to these markets, a PAI's official said

Mohammad Al...
Kuwait's DGCA, Boeing Discuss Bolstering cooperation
9/19/2017 - Head of Kuwait's Directorate General of Civil Aviation (DGCA) Sheikh Salman Al-Humoud Al-Sabah discussed with President of Boeing Middle East, North Africa, and Turkey, Bernie Dunn, ways of enhancing ...
Kuwait Credit Bank Plays Vital Role in Housing Issue
9/24/2017 - As part of the country's 2035-development vision, Kuwait Credit Bank (KCB) plays a leading role in solving the housing issue beside the Public Authority for Housing Welfare.

The state of Kuw...
Kuwait: The 9th Round of 'Euromoney Kuwait 2017' Conference Will Begin
9/25/2017 -  The 9th Round of 'Euromoney Kuwait 2017' Conference Will Begin to discuss the economic and financial reforms launched by the Kuwait government according to Kuwait's new vision (2035).

Acc...
Kuwait: Real Estate Activity Remained Relatively Stable in Aug -- NBK
9/25/2017 - A National Bank of Kuwait report unveiled that real estate activity remained relatively stable in August, saying that seasonality pulled the monthly sales figure down slightly to KD 154.5 million.
Kuwait: Financial Stability Cannot Be in Place of Reforms - CBK Chief
9/26/2017 - The stability of the local currency market is not adequate nor is it a replacement for much needed structural and economic reforms, the governor of the Central Bank of Kuwait (CBK) said.

In ...
Kuwait: ADB Keeps Developing Asia Growth Forecast At 5.9 Percent
9/26/2017 - Growth remains strong across developing Asia, thanks to a rebound in global trade, robust expansion in major industrial economies, and China's improved prospects, the Asian Development Bank (ADB) said...
Kuwait: Retail Sector Essential Factor in Economic Growth Despite Competition
9/27/2017 - The cooperative sector in Kuwait uniquely charaterizes the economic and social aspects of the state and is a key factor in shaping the economic structure of the country, especially in terms of retail ...
Kuwait: Promoting Kuwait Bourse Tangibly Affects Trades
10/1/2017 - Promoting Kuwait bourse tangibly affects trades KUWAIT -- According to Bayan Investment Company, the bourse lost KD 474 million (USD 1.5 billion) of its capital value last week, reaching KD 28.8 billi...
Kuwait: His Highness Crown Prince Hails Kuwait Stock Exchange Emerging Market Feat
10/2/2017 - His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received Minister of Commerce and Industry and Acting State Minister for Youth Affairs Khaled Al-Roudhan and other state financia...
Kuwait: NBK: Credit Growth Hits 3.5 Pct in July
10/3/2017 - Credit offered by the Kuwaiti banking sector in July hit 3.5 percent year-on-year (y/y), owing to a strong house lending, a report has said. Growth of household lending in July accelerated to 7.2 perc...
Kuwait: Youth Ought to Be Linked to Economy
10/8/2017 - Chairman of the Youth Public Authority, Minister of Commerce and Industry and Acting Minister of Youth Affairs Khaled Al-Roudhan affirmed the importance of linking Kuwaiti youth to the economy by imp...
Kuwait: American Scholar Wins Nobel Prize in Economics
10/9/2017 - The Royal Swedish Academy of Sciences in Stockholm announced that the Nobel prize in economics has been awarded to Richard Thaler of the Chicago University for his contributions to behavourial econom...
K-Net Transactions Value Surpassed USD 1 Bln in 2016, Says Minister
10/17/2017 - Minister of Commerce and Industry Khaled Al-Roudhan said that the transactions value of the retail payment system (K-net) in Kuwait has surpassed USD one billion in 2016.

Digital business i...
India Is Kuwait's 3rd Trade Partne
10/23/2017 - Kuwait has ranked third among commercial partners with Kuwait with the imports from the Asian nation amounting to USD 1.83 billion in 2016, member of the Chamber of Trade and Industry Tareq Al-Mutawaa...
Kuwait: Burgan Bank Announces Earnings in 1st Nine Months of 2017
10/24/2017 - Burgan Bank Group announced its first nine months earnings of financial year 2017.

The bank continues to pursue selective and prudent growth approach, clubbed with focus on efficiencies and ...
Kuwait: His Highness the PM Receives CBK Governor
10/31/2017 - His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah received at Bayan Palace Governor of the Central Bank of Kuwait (CBK) Dr. Mohammed Y. Al-Hashel.

Al-Hashel offered ...

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