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Financials and Investment News in Kuwait

Kuwait: WB Official Commends Kuwait's Business Atmosphere Reforms
11/1/2017 - The State of Kuwait has done well in improving its business atmosphere, taking vital steps that made it one of the leading GCC countries in implementing economic reforms, Director of the World Bank in...
Kuwait Business Climate Improvement Package in Offing, Says Minister
11/5/2017 - Kuwaiti Minister of Commerce and Industry Khaled Al-Roudhan said his ministry was working on a set of business climate improvement laws, primarily a bankruptcy and insolvency bill.

Al-Roudha...
Kuwaiti Envoy Urges Doubling Efforts for Sustainable Development
11/7/2017 - Representative of Al-Saad Foundation for Knowledge and Scientific Research Dr. Ali Al-Kandari highlighted the need of public-private partnership to realize the targets of sustainable development.
...
Kuwait Bourse Bullish Upon Closing
11/13/2017 - Boursa Kuwait closed session with the benchmark rising by 74.6 points to settle at 6,250.67.

Weighted index moved up 3.5 points and Kuwait-15 index by 6.5. Value of traded stocks amounted t...
Kuwait-Companies Atc Archives Kd 5.3 Million Profits Until Q3 End
11/14/2017 - Advanced Technology Company (ATC) reported KD 5.3 million (USD 17.3 million) net profits at the end of the 2017 third quarter, with 35.78 fils earnings per share.

The company witnessed 39.01...
Kuwait- Egypt Co. Reaps 69 Mln
11/15/2017 -  Egypt-Kuwait Co. reaps 69 mln (reopens) KUWAIT -- For its part, Alargan International Real-Estate Company said it posted KD 5.07 million (USD 16.5 million) worth of profits in the past nine months, i...
Kuwait Lifts Ban on Import of Egyptian Agricultural Products
11/16/2017 - Kuwait’s Ministry of Agriculture announced it is lifting the temporary ban of Egyptian agricultural imports prohibiting lettuce, pepper, onion, and guava.

The new decision stipulates that cer...
Kuwait: CBK Launches Anti-Money Laundering Workshop
11/20/2017 - The Central Bank of Kuwait (CBK) is set to organize a workshop on fighting money laundering and the financing of terror.

The workshop, entitled: "Combating Money Laundering and Financing of ...
Kuwait: Global Economy to Continue Strengthening Over Next Two Years - OECD
11/28/2017 - The global economy will continue to expand over the next two years at a rate slightly higher than earlier forecasts, but there are underlying concerns nonetheless about the longer-term outlook in the ...
Kuwait: Global Oil Output Cut Compliance Rate Surges to 116 Pct
11/30/2017 - Kuwaiti Oil Minister and Chairman of the Joint OPEC and non-OPEC Ministerial Monitoring Committee (JMMC), which oversees producers' compliance with output cut agreement, Essam Al-Marzouq, announced a ...
Kuwait, China Discusses Boosting Ties
12/6/2017 - Kuwaiti Ambassador to China Samih Hayat discussed with Chinese Assistant Foreign Minister Chen Xiaodong, ways in boosting relations and partnership between the two countries as well as issues of commo...
Kuwait: Al-Zour Complex to Maximize Economic Return of Oil
12/7/2017 - Al-Zour Refinery is the only one in Kuwait designed to process Kuwaiti heavy crude oil, gaining it strategic importance to maximize the economic return of oil wealth, Minister of Oil Essam Al-Marzouq ...
Kuwait: Zain, Cisco to Drive Network Transformation for Digital Era
12/18/2017 - Zain Group and Cisco announced that they have successfully achieved a key milestone in expanding thetelecommunications operator’s IP/MPLS network with cutting edge technologies, setting the groundwor...
Kuwait's Trade Surplus with Japan Up 14.7 Pct
12/18/2017 - Kuwait's trade surplus with Japan increased by 14.7 percent from a year earlier to JPY 31.8 billion (USD 282 million) in November, up for the 11th month, thanks to solid exports, the Japanese Finance ...
Kuwait Says GCC to Keep Operating Despite Qatar Crisis
12/28/2017 -  Kuwait’s deputy foreign minister said that the six-nation Gulf Cooperation Council would continue to operate despite a row among three of its members and Qatar that it has unsuccessfully sought to m...
Kuwaiti DM Leaves to Saudi Arabia upon Official Invitation
12/28/2017 - First Deputy Prime Minister and Minister of Defense Sheikh Nasser Sabah Al-Ahmad Al-Jaber Al-Sabah left the country heading to Saudi Arabia upon an official invitation by Saudi Crown Prince, Deputy P...
Bourse Kuwait Indices Up As Trading Ends
1/4/2018 - Boursa Kuwait ended trading in green zone, with the three indices up. The Price Index rose 53.08 points to 6,454.16 points, and the Weighted and KSX 15 Indices were also up 2.1 points and 4.7 points r...
Kuwait, Britain Discuss Planned Investment Forum
1/11/2018 - Minister of Finance Nayef Falah Al-Hajraf discussed with the British Ambassador to the State of Kuwait Michael Davenport preparations to hold the Second Kuwait Investment Forum due on March 20-21.
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Kuwaiti Commerce Min. Joins Forces with WBG
1/14/2018 - Kuwait's Ministry of Commerce and Industry has partnered with World Bank Group (WBG) as part of a concrete plan designed to boost Kuwait's trade ties with neighboring countries and the rest of the wor...
Kuwait: CBK Issues Nearly USD 800 Mln Worth of Bonds
1/16/2018 - The Central Bank of Kuwait announced latest stock and "tawarruq" issue at a total value of KD 240 million (USD 792 million) valid for three months, at a two percent proceed rate.

The CBK ma...

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