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Financials and Investment News in Kuwait

Kuwait Bourse EndsTrading with Mixed Boards
12/22/2016 - The trading at Kuwait Bourse ended with mixed boards as the benchmark going up 3.73 points to hit 5,676.2 points. The weighted and KSX 15 indices closed down by 0.94 and 1.77 points respectively.
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Kuwait :Raising Discount Rate Boosts KD Competitiveness
12/25/2016 - The recent step by the Central Bank of Kuwait (CBK) raising the interest rate on the KD by a quarter percentage point to 2. 50 percent from 2.25 percent, was much expected and will enhance the currenc...
Kuwait: Arab Islamic Takaful Insurance Firm Launched
12/26/2016 - A new Takaful insurance firm has been launched as a Kuwaiti joint stock close company with capital worth KD 5 million (about USD 16.32 million), according to a new report.

The Arab Islamic c...
Kuwait: UAB chief vows to fight money laundering, terror financing
12/26/2016 - Chairman of the Union of Arab Banks (UAB) Sheikh Mohammad Al-Jarrah Al-Sabah said that UAB is firm on dealing with issues gripping the world, most notably, money laundering and terror financing.
National Bank of Kuwait: Real estate sales down 27 pct in'16
12/26/2016 - Sales in the local real estate sector have fallen by around 27 percent to KD 2.04 billion since the beginning of 2016, showed a recent economic report.

The real estate market received a signi...
Kuwait Bourse Ends in Green Zone
12/27/2016 - Kuwait Bourse ended in the green zone, as the price index gained 30.66 points reaching 5,745.04 points, the weighted index gained 0.92 points reaching 380.76 points and KSX 15 gained 2.02 reaching 893...
His Highness Crown Prince Receives CBK Governor
12/27/2016 - His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah received at Bayan Palace, Governor of Central Bank of Kuwait (CBK) Dr. Mohammad Yousef Al-Hashel.
Kuwait Energy says signs $100 mln financing facility with Vitol
12/28/2016 - Kuwait Energy said it signed a forward sale agreement with Vitol providing it with a financing facility for up to $100 million.

The Kuwaiti oil and gas exploration and production company, wit...
Kuwait bourse ends session with mixed boards
12/29/2016 - The trading at Kuwait bourse ended with mixed boards as the benchmark went down by 5.27 points to hit 5,748.09 points. The weighted and KSX 15 indices ended up with a different performances as the fir...
Kuwaiti :Gain Peace Safety Influence Investment in Property, Bourse
1/2/2017 - Many Kuwaiti investments are lured to trading in Boursa Kuwait and the realty sector but experts have divergent views about feasibility of dealings in the two fields.

In General, the stock e...
Boursa Kuwait ends trading in green
1/2/2017 - Boursa Kuwait ended trading session in the green with the three main indices up. .

The Price Index rose 27.26 points to stand at 5,775.35 points; the Weighted Index went up by 0.23 points to...
Kuwait Boursa launches its new website
1/2/2017 - Boursa Kuwait launched its new website with the beginning of 2017 trading including new tabs containing charts and news updates of the events and activities.

The main page of the new website...
Kuwait to Take Center Stage at Dubai Expo 2020
1/4/2017 - Kuwait's participation in the Dubai World Expo 2020 will be the focal point of the exhibition, Undersecretary of Kuwait's Ministry of Information Tarek Al-Merzem said.

Al-Merzem, who is the ...
Kuwait Business Council in Dubai Launches Website
1/7/2017 - Kuwait Business Council in Dubai (KBC) announced that it launched an official website to provide adequate information and data on Kuwaiti business ventures in Dubai and the northern parts of the UAE. ...
Kuwait Bourse Ends Trading in Mixed Board
1/12/2017 - Kuwait Bourse ended trading in mixed boards with the price index gaining 77.27 points to stand at 6,107.68 points.
The weighted index went up by 1.28 points to stand at 392.06 points, whil...
Kuwait Bourse ends trading in green
2/1/2017 - Kuwait Bourse ended trading session in the green with the three main indices up.

The Price Index rose 15.74 points to stand at 6,847.96 points, the Weighted Index went up by 0.79 points to ...
Kuwait: CBK: Exchange Firms' Measures Taken Upon '13 Instructions
2/4/2017 - Central Bank of Kuwait (CBK) Governor Mohammad Al-Hashel said measures applied by exchange firms regarding combatting money laundering and terror finance came upon CBK instructions in July 2013.
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Kuwait Bourse Ends Trading In Red Zone
2/5/2017 - Trading at Kuwait Bourse ende trading in the red zone with the benchmark down by 156.61 points to settle at 6,686.92 points.

The weighted index shed 3.53 points to stand at 421.83 points, as...
Kuwait Bourse Ends Trading in Sharp Decline
2/7/2017 - Trading at Kuwait Bourse ended trading in the red zone with a remarkable drop in the price index which shed 118.68 points to settle at 6,583.05 points.

The weighted index went down by 2.27 ...
Kuwait's United Ahli Bank Earns KD 40.3 Mln
2/9/2017 - The United Ahli Bank posted net earnings at KD 40.3 million (25.9 fils per share) in 2016, compared to KD 42.8 million (27.4 fps) in 2015, it said.

Shareholders' equity amounted, last year, ...

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