We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
We have a curated list of the most noteworthy news from all across the globe. With any subscription plan, you get access to exclusive articles that let you stay ahead of the curve.
The Central Bank of the UAE kept its base rate at 3.9% on Wednesday after the US Federal Reserve held rates, while Qatar, Bahrain and Kuwait also left borrowing costs unchanged.
The Central Bank of the UAE kept its base rate at 3.9% on Wednesday after the US Federal Reserve held rates, while Qatar, Bahrain and Kuwait also left borrowing costs unchanged.
Spending by citizens and residents of Kuwait reached KD42.33 billion in the first nine months of 2026, Central Bank of Kuwait data show, with KD8.75 billion moving through the WAMD instant payment service.
Kuwait’s broad money supply rose 0.2% in September from August to KD42.8 billion (about $141.2 billion), while financing for imports jumped 26.4%, central bank data showed.
Kuwait International Bank's nine-month net profit rose 30% to KWD26.6 million, with third-quarter profit up 62% to about KWD9 million as fee income and financing grew.
Kuwait raised $3.25 billion from a two-tranche international bond issue dated October 19, with investor orders peaking at $9.1 billion, about 2.8 times the deal size, the Ministry of Finance said.
Foreign investment in Kuwait's listed banks fell 12.5% to about 4.535 billion dinars ($13.967 billion) at the end of September 2026, Al-Shall said in its weekly report on October 17.