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Investment News in Kuwait

Kuwait Finance Minister Tackles Economic Relations with Bahraini Counterpart
12/23/2018 - Kuwaiti Minister of Finance Dr. Nayef Al-Hajraf discussed with Bahraini counterpart Sheikh Salman bin Khalifa Al-Khalifa economic relations between the two countries. A statement by the finance minis...
Kuwait's Inflation Up 1.26 Pct in July - CSB
8/23/2017 - The Consumer Prices Index (CPI) rose by 1.26 percent in July 2017 compared to the same month in 2016, the Central Statistical Bureau (CSB) said

The index figure for July 2017 recorded a decr...
Kuwait Economy to Rebound in Two Years - WB Official
8/23/2017 - The World Bank's (WB) Country Manager in Kuwait Firas Raad said the late 2016 OPEC and major oil producers' agreement, aimed to cut the glut in the global oil production, have added strains on the Kuw...
Kuwait's Zain Group reports flat second quarter profit
8/6/2017 - Zain, Kuwait's biggest telecom operator by subscribers, reported flat second-quarter profits.

The former monopoly, which operates in eight countries in the Middle East and Africa, made a net ...
Kuwait Bourse Ends Trading in Green Zone
7/4/2017 - Boura Kuwait, the national stock exchange, ended trading in the green zone with the benchmark going up by 73.55 points to 6,638.77 points.

The benchmark made a record jump midday by 88 point...
Kuwaiti Stocks Close Down
5/28/2017 - Kuwaiti stocks closed down as the Price Index shed by 37.87 points to 6,649 points, Weighted Index to 1.21 points and KSX 15 down to 1.85 points.

As many as 72.4 million shares worth KD 13.5 ...
Kuwait: Commerce Ministry Confronts Commercial Fraud
5/27/2017 - Minister of Commerce and Industry Khaled Al-Roudan stressed that the ministry is monitoring prices of all goods and combating commercial fraud against consumers.

While inspecting some coope...
Kuwait, UK Discuss Economic, Investment Ties
1/20/2016 - Director of Kuwait Investment Authority (KIA) Bader Al-Saad and visiting Lord Mayor of London Jeffrey Evans reviewed aspects bilateral economic and investment cooperation.

In a press statem...
Kuwait, Armenia Strengthen Economic Relations
12/17/2015 - Deputy Prime Minister, Finance Minister and Acting Oil Minister Anas Al-Saleh stressed the importance of boosting economic and technical relations with the Armenian Republic, especially in the fields ...
CBK Raises Deduction Rate by 0.25 pct
12/16/2015 - The board of directors of the Central Bank of Kuwait (CBK) decided Wednesday to raise the deduction rate by 0.25 percent to 2.25 percent.

CBK Governor Dr. Mohammad Y. Al-Hashel said the deci...
Al-Zour Power Plant Top Giant Project in Kuwait
12/7/2015 - Al-Zour North Power is the dawn of partnership projects between the public and private sector in Kuwait, an official said on Monday. In an interview with Al-Anbaa Arabic daily published ,Director Gene...
National Portfolio Role in KSE is Limited
12/6/2015 - The role of the National Portfolio in Kuwait Stock Exchange (KSE) is "still limited" and controlled by the regulations," Kuwaiti economists said.

The main purpose of the portfolio, which was ...
Kuwait Investments in Jordan around USD 12 bln
11/21/2015 - Kuwait is one of Jordan's major economic partners with around USD 12 billion being invested by the Gulf state in the country, said Chairman of the Jordan Investment Commission (JIC) Dr. Montaser Oklah...
Kuwait Investment Co. Posts Profits of KD 1.9 mln
11/15/2015 - Kuwait Investment Co. (KIC) announced its profits for the first nine months of 2015 which came to KD 1.9 million (USD 6.25 million) raising the price per share profitability by 3.48 Fils, compared to ...
Airport to be Built by Kuwait in Iraq Forecast as Gateway for Gulf Investments
2/1/2015 - The ground breaking for the USD 420 million-first phase of the project will take place in the spring of 2015 and the airport is projected to be fully operational in early 2017, she unveiled.

...
Kuwait Eager to Attend Arab Economic Forums
1/27/2015 - Kuwait is keen on taking part in regional economic forums especially those focusing on the subject of investment, said a Kuwaiti official here in a statement to KUNA.

Speaking to KUNA on th...
Low Oil Prices an Opportunity to Invest in Better Growth
1/22/2015 - Plummeting oil prices and continuing low interest rates present a unique opportunity for world and business leaders to spur economic growth while tackling dangerous climate change, said members of the...
KSE Ends Trading in Green Zone
1/22/2015 - The Kuwait Stock Exchange (KSE) ended Thursday's session in the green zone as the price index recorded 6,662.8 points, gaining 0.11 points, the weighted index closed at a gain of 0.43 points and the K...
OPEC's Oil Crude Basket Up by 47 Cents
1/20/2015 - The prices of OPEC's crude basket rose by 47 cents on Monday, reaching USD 43.87 per barrel, compared to USD 43.40 pb on Friday, said the OPEC on Tuesday.

Meanwhile, the organization said t...
Kuwaiti Female Students Conclude KFAED-Funded Trip, Morocco
1/17/2015 - The delegation of outstanding Kuwaiti female students concluded on Saturday their trip to Morocco organized by the Kuwait Fund for Arab Economic Development (KFAED) in collaboration with Ministry of E...

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