Kuwait

Fitch Affirms Kuwait’s KIPCO at BB- With Stable Outlook, Citing $1.1 Billion in Cash

Fitch Ratings affirmed Kuwait Projects Company's long-term issuer default rating at BB- with a stable outlook, KIPCO said.

Al Ahli Bank of Kuwait Third-Quarter Profit Rises 15% to KD17.1 Million on Lower Provisions

Al Ahli Bank of Kuwait said third-quarter net profit rose 15% to KD17.1 million, while nine-month profit climbed 16% to KD54.19 million.

Fitch Affirms Kuwait’s KIPCO at BB- With Stable Outlook, Citing $1.1 Billion in Cash

Fitch Ratings affirmed Kuwait Projects Company's long-term issuer default rating at BB- with a stable outlook, KIPCO said.

More News

Fitch Affirms Kuwait’s KIPCO at BB- With Stable Outlook, Citing $1.1 Billion in Cash

Fitch Ratings affirmed Kuwait Projects Company's long-term issuer default rating at BB- with a stable outlook, KIPCO said.

UAE Central Bank Holds Base Rate at 3.9% as Qatar, Bahrain and Kuwait Keep Rates Unchanged After Fed Pause

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.

Al Ahli Bank of Kuwait Third-Quarter Profit Rises 15% to KD17.1 Million on Lower Provisions

Al Ahli Bank of Kuwait said third-quarter net profit rose 15% to KD17.1 million, while nine-month profit climbed 16% to KD54.19 million.

Explore more

Fitch Affirms Kuwait’s KIPCO at BB- With Stable Outlook, Citing $1.1 Billion in Cash

Fitch Ratings affirmed Kuwait Projects Company's long-term issuer default rating at BB- with a stable outlook, KIPCO said.

UAE Central Bank Holds Base Rate at 3.9% as Qatar, Bahrain and Kuwait Keep Rates Unchanged After Fed Pause

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.

Al Ahli Bank of Kuwait Third-Quarter Profit Rises 15% to KD17.1 Million on Lower Provisions

Al Ahli Bank of Kuwait said third-quarter net profit rose 15% to KD17.1 million, while nine-month profit climbed 16% to KD54.19 million.

Kuwait Residents’ Spending Reaches KD42.3 Billion in First Nine Months as WAMD Transfers Hit KD8.75 Billion

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 Rises 0.2% to KD42.8 Billion in September as Import Financing Jumps 26.4%

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 Nine-Month Profit Rises 30% to KWD26.6 Million as Third-Quarter Earnings Jump 62%

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.

Boubyan Bank and Mastercard Sign Agreement to Support Fintech Companies in Kuwait

Boubyan Bank and Mastercard have signed an agreement to support fintech companies in Kuwait, the bank said on Wednesday.

Kuwait Raises $3.25 Billion From Two-Part Dollar Bond as Orders Peak at $9.1 Billion

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.

KFH Nine-Month Profit Rises 6.2% to KD523.4 Million

Kuwait Finance House reported a net profit for shareholders of KD523.4 million for the first nine months of 2026, up 6.2% from a year earlier.

NBK Nine-Month Profit Rises 3.1% to KD481.7 Million

National Bank of Kuwait reported a net profit of KD481.7 million ($1.6 billion) for the first nine months of 2026, up 3.1% from a year earlier.

Boubyan Bank Nine-Month Profit Rises 4% to KD80.7 Million

Kuwait's Boubyan Bank reported net profit of KD80.7 million for the first nine months of 2026, up 4% from a year earlier.

Foreign Investment in Kuwait’s Listed Banks Falls 12.5% to KD4.5 Billion, Al-Shall Says

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.