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Financials and Investment News in Kuwait

Gold Prices Turn Bullish
11/16/2014 - Gold prices significantly rose reaching USD 1,189 per ounce at trades' closing the past week.

SABAYIKS Gold Kuwait company said in a report issued on Sunday that previous forecast anticipat...
G20 Leaders Agree on Approach to Tackle Economic Issues
11/16/2014 - Leaders of the G20 nations have agreed at their summit meeting in Brisbane, Australia, on a number of measures to shore their economies and make them grow 2.1 percent in the coming five years.

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Japan's GDP down 1.6 Pct
11/17/2014 - Japan's economy unexpectedly shrank at an annualized pace of 1.6 percent in the July-September period, down for the second straight quarter, due to a slump in exports and personal consumption, the gov...
KCCI Seeks to Enhance Real Estate Cooperation with Oman
11/18/2014 - Means of cementing bilateral trade and investment cooperation, especially in real estate, were the focus of talks held here on Tuesday between members of the Kuwait Chamber of Commerce and Industry (K...
KCCI Calls for Promoting Cooperation with Albania
11/19/2014 - Kuwait Chamber of Commerce and Industry (KCCI) here on Wednesday called for strengthening trade and economic cooperation with Albania.

In a statement to KUNA after meeting with a visiting A...
Turkey to Increase Investments in Algeria up to USD 10b
11/20/2014 - Turkish Prime Minister Recep Tayyip Erdogan said his country is planning to increase its investments in Algeria from USD 4.5 billion to USD ten billion.

Erdogan's remarks came in a statemen...
All KSE Indices Rise at Closing of Sunday's Session
11/23/2014 - Main indexes of Kuwait Stock Exchange (KSE) increased upon closing Sunday's session, with the Weighted Index standing at 466.44, gaining 0.11 points.

Price Index moved up to 6,995.16, putti...
US Dollar Stable at KD 0.291 against Kuwaiti Dinar
11/24/2014 - The exchange rate of the US dollars against the Kuwaiti dinar was stable at KD 0.291 on Monday, while the euro was stable at KD 0.360 compared to Sunday.<><> The Central Bank of Kuwait said in its ...
Finance Minister Arrives in Turkey to Attend COMCEC Talks
11/27/2014 - Finance Minister Anas Al-Saleh arrived here on Wednesday to head Kuwait's delegation at the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCE...
Finance Minister Arrives in Turkey to Attend COMCEC Talks
11/27/2014 - Finance Minister Anas Al-Saleh arrived here on Wednesday to head Kuwait's delegation at the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCE...
Bagging, Hefty Speculations Dampened Stock Trades Profit
11/29/2014 - Generation of profits, shifting investment funds from one portfolio to another and hefty speculations played major role in pushing the Kuwait Stock Exchange (KSE) indexes down in the past week session...
Gold Prices Post Drastic Fall
11/30/2014 - Gold prices significantly dropped by 2.6 percent, reaching USD 1,167 per ounce at trades' closing the past week. SABAYIKS Gold Kuwait company said in a report issued on Sunday that bearish oil pric...
KSE Indices End on Mixed Boards
12/3/2014 - The indices of Kuwait Stock Exchange (KSE) ended Wednesday's session on mixed boards, with the weighted and price indices down by 0.11 and 7.89 points respectively, while the KSX 15 went up by 0.97 po...
Kuwait Stock Exchange Ends Thursday in Green Zone
12/4/2014 - Kuwait Stock Exchange (KSE) ended Thursday's session in the green zone as the weighted index came to 456.55 points, gaining 0.12 points, the price index reached 6,776.09 points, gaining 0.65 points an...
Kuwait Stock Exchange Ends Thursday in Green Zone
12/4/2014 - Kuwait Stock Exchange (KSE) ended Thursday's session in the green zone as the weighted index came to 456.55 points, gaining 0.12 points, the price index reached 6,776.09 points, gaining 0.65 points an...
KSE Benchmark Bearish for 2nd Day
12/8/2014 - The KSE benchmark lost 5.21 points dropping to 6,744 in early trades on Monday, however the weighted index rose 0.16 points and Kuwait 15 index 1.15 points.

Trades' value reached KD 1.21 mi...
KSE's Main Indices Bearish at Session Closing
12/11/2014 - Main indices of Kuwait Stock Exchange (KSE) maintained bearish trend throughout Thursday's session, the week's closing session, with the benchmark reading 6,463, losing 98 points.

The weigh...
Japanese PM Vows Economic Recovery after Election Victory
12/15/2014 - Japanese Prime Minister Shinzo Abe said Monday he will continue to place a priority on revitalizing the world's third-largest economy and proceed with his economic policies.

Speaking at a n...
EU Foreign Trade Balance Surplus at 7.6 bn Euro
12/16/2014 - The euro area trade in goods balance with the rest of the world in October 2014 gave a 24 billion euro surplus, compared with 16.5 billion euro in October 2013.

The EU trade in goods balanc...
Egypt Pleased with Fitch Rating
12/20/2014 - Egypt voiced satisfaction on Saturday for being rated "B" by the Fitch Ratings saying the positive rating constituted a step forward for bolstering confidence in the state economic program.

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