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

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

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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.

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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.

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Gulf Bank and Warba Bank Merger Talks Begin

Gulf Bank and Warba Bank have started initial steps toward a possible merger. This major move could reshape Kuwait’s banking sector. Both banks announced...

Kuwait Non-Kuwaiti Marriages Drop Sharply

Kuwait non-Kuwaiti marriages are falling fast. New official data shows a sharp 27% decline early this year. Only 239 such marriages happened during the...

Kuwait Non-Oil Revenue to Gain KD500M From Service Fee Hikes

Kuwait non-oil revenue is expected to rise sharply. The government aims to collect nearly KD 500 million ($1.6 billion) annually. This will result in...

NBK Drives Clean Energy Transformation in Kuwait

National Bank of Kuwait continues to lead the clean energy transformation in the country. The bank played a major role in the recent Kuwait...

Kuwait Population Statistics Show Expat Majority

To start off, the Kuwait population statistics have reached approximately 4.98 million, highlighting the country’s diverse demographic structure. According to official data, Kuwaiti citizens...

Kuwait Banking Leadership Grows with Burgan Bank Appointment

Kuwait banking leadership continues to advance as Burgan Bank appoints Danah Al-Jasem as General Manager of Corporate Communications. This key appointment reflects the bank’s...

Kuwait Digital Partnership Boosts User Benefits

Kuwait digital partnership boosts user benefits through a strategic agreement between Yango Play and CARI. This new collaboration offers exclusive bundled services for users...

Kuwait Bank Leadership Training Boosts Strategic Skills

Gulf Bank in Kuwait has marked an important step in developing local talent through advanced leadership education. The bank celebrated the graduation of several...

Kuwait Crypto Mining Ban Shakes Digital Sector

Kuwait has introduced a full Kuwait crypto mining ban to reduce energy overload across its national power grid. The government decided to take strict action after...

GCC tax shift drives fiscal sustainability

The GCC tax shift marks a new era in the region’s economic strategy. Gulf countries now prioritize fiscal stability and long-term growth. Previously known for low taxes,...

NBK Job Fairs Support PWD Inclusion in the Workforce

National Bank of Kuwait (NBK) continues to expand its role in building an inclusive labor market. Recently, NBK increased its involvement in local job...

Kuwait Promotes Secure Payment Methods with Sahel App

Kuwait secure payment methods are gaining attention as digital banking becomes more common across the country. Gulf Bank has strongly encouraged customers to use...
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