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Financials and Investment News in Kuwait

Kuwaitis Go to Polls As Economy Poses Challenge for New Emir
12/6/2020 - Kuwaitis voted in legislative polls on Saturday with the Gulf state mired in its worst economic crisis in decades, which poses a challenge for the government’s often stormy relationship with a parliam...
Kuwait PM Meets Commerce Leaders, Lauds Their Efforts
3/18/2020 - His Highness the Prime Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah on Wednesday, with attendance of Minister of Commerce and Industry Khaled Al-Roudhan, with the department leaders and affiliate au...
Kuwait Banks Can Withstand Domestic, External Challenges - CBK Gov.
2/13/2020 - Kuwait banking sector is solid and capable of withstanding domestic or external financial challenges that might have impacts on national economy, the Arab Gulf country's top banker has said.

...
Kuwait Bourse Ends Sunday's Trading in Red Zone
2/9/2020 - Boursa Kuwait ended trading Sunday in red zone as the Premier Market Index went down by 24.85 points to reach 6,958.86 points.

The Main Market Index also dropped by 19.13 points to reach 4,8...
Commerce Minister Hails "Wise" Kuwait Amir
1/28/2020 - His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah's "wisdom" has kept Kuwait largely immune to the unrest plaguing other nations in the region, said a minister .

Minister of Comm...
Kuwait Central Bank's Joining of BIS Significant Move -- Bankers
1/15/2020 - The Central Bank of Kuwait joining the Bank for International Settlements boosts the CBK role in drawing up international banking policies, according to Kuwaiti bankers. With this move, the CBK has jo...
CBK Issues Tawarruq Bonds worth KD 200 Mln
12/23/2019 - The Central Bank of Kuwait (CBK) issued ay KD 200 million (USD 657 million) worth of tawarruq bonds, said a statement.

In a statement obtained by KUNA, the CBK announced the most recent issu...
Kuwait Says Trade with Jordan Hit USD 264 Mln in '18
12/2/2019 - Kuwait's bilateral trade with Jordan came to KD 80 million (USD 264 million) last year, its chamber of commerce said on Monday, amid a visit by a sizable Jordanian trade delegation.

In 2018,...
Belgium, Kuwait Keen to Strengthen Economic Cooperation
11/19/2019 - The first ever meeting of the Belgian-Kuwait economic committee began in Brussels, with both sides expressing their desire to expand and strengthen bilateral economic cooperation.

"We all lo...
Kuwait Central Bank: Money Supply Rose 1.4 Percent in September
11/7/2019 - Money supply (M2) rose 1.4 percent in September on monthly basis recording KD 38 billion (USD 125.5 billion), the Central Bank of Kuwait (CBK) said .

The CBK economic research department rep...
CBK Issues Tawarruq Related-Bonds Worth KD 240 Mln
10/21/2019 - The Central Bank of Kuwait (CBK) issued, KD 240 million (USD 792 million) worth of tawarruq bonds, said a statement. In a statement obtained by KUNA, the CBK announced the most recent issues of bonds ...
EU-Kuwait Trade Exchanges Up
10/21/2019 - Trade exchanges between the European Union (EU) and Kuwait showed an increase in July 2019, latest figures released by the EU's statistical office, Eurostat, showed .

According to Eurostat, E...
Kuwait's Economic Steps in Right Direction
10/10/2019 - The World Bank has lauded economic steps that have been taken by the Kuwaiti Government for boosting the private sector saying these moves "are on the right track.

" The Kuwaiti Government is...
50% of Kuwaiti Bourse Stocks to Be Floated
9/30/2019 - The Capital Market Authority urged Kuwaiti citizens on Monday to pay their dues for their subscription in the 50 percent stake of issued and paid-up capital for the Kuwaiti bourse company as of tomorr...
Kuwait Bourse Benchmark Ends Thursday's Trading in Red Zone
9/26/2019 - Boursa Kuwait ended trading in the red zone as the Premier Market Index went down by 41.55 points to 6,222.91 points. Main Market Index went down by 1.43 points to 4,718.02 points, and the All Share ...
Kuwait Bourse Indices Post Substantial Gains
9/22/2019 - Boursa Kuwait kicked off the new week trades with the All Share Market Index gaining 124 points and settling at the level of 5,676.5 points, climbing by 2.2 percent.

Volume o traded shares u...
OTC Trades Rise to 31.5 Mln Shares Last Week
9/22/2019 - Trades on over the counter platform (OTC) developed by Boursa Kuwait saw a rise with 31.5 million shares traded last week, with a value of KD 215,6 thousand through 37 deals last week.

Accor...
Kuwait's Non-Oil Exports Down 3.6 Percent in August - Ministry
9/8/2019 - Kuwait's non-oil exports went down 3.6 percent last August, compared to the same period in 2018, said the Ministry of Commerce and Industry.

The total number for certificates of origin for Ar...
Turkey's Exports Up 1.7 Last August
9/4/2019 - Turkey's exports were worth USD 13.2 billion in August, up 1.7 percent from a year earlier, Turkish trade minister said.

Ruhsar Pekcan, the minister said the country's imports inched down 0....
Arab Bloc Eyes Plan for Long-Term Economic Development
9/4/2019 - The Arab League on Wednesday proposed setting up a "roadmap to broad development" across the region that ensures stability on the economic front well into the foreseeable future.

The remarks...

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