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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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Kuwait Studies Oil Export Pipelines to Fujairah and Red Sea to Bypass Hormuz

Kuwait is studying two crude export pipelines that would bypass the Strait of Hormuz, one running through the UAE to Fujairah and one through...

Kuwait Import Financing Falls to KD4.38 Billion as US Dollar Maintains Dominance

Kuwait Import Financing declined sharply during the first eight months of 2026, reflecting a significant reduction in bank funding for imports. Local banks provided...

KFH-Bahrain and Alba Sign MoU to Strengthen Supply Chain Finance and Support SMEs

Kuwait Finance House and Bahrain (KFH-Bahrain) have signed a memorandum of understanding with Aluminium Bahrain B.S.C. (Alba). The agreement aims to strengthen Supply Chain...

Kuwait Mortgage Law Expands Home Financing Access Through Commercial Banks for Citizens

Kuwait mortgage reforms could significantly expand access to home financing for citizens. The cabinet has approved a new law allowing commercial banks to issue...

Kuwait PMI Hits 52.4 as Non-Oil Private Sector Growth Continues Amid Stronger Orders and Rising Business Confidence

Kuwait’s non-oil private sector maintained its growth in September. The Kuwait PMI reached 52.4 points during the month. However, growth slowed from August’s reading...

GCC Remittances Reach Record $161 billion as Expatriate Employment Drives Strong Growth

GCC remittances reached a record $161 billion in 2025 as expatriate employment continued expanding. The combined figure marked the highest outward worker remittance total...

GCC Finance Ministers Strengthen Economic Cooperation and Regional Financial Coordination

GCC economic cooperation took center stage as Gulf finance ministers met in Bahrain to discuss regional financial coordination. The meeting brought together finance ministers...

How Did the U.S.–Iran Conflict Reshape the Gulf Economy, Oil Markets, Global Trade and International Investment?

The Gulf economy is facing growing pressure from the U.S.-Iran conflict and wider global market uncertainty. Energy prices, shipping, investment, and trade are facing...

Kuwait Payroll System Expands Financial Oversight as Authorities Strengthen Anti-Money Laundering Measures

Kuwait payroll system measures are expanding as authorities increase oversight of private-sector wage payments. The new system aims to strengthen financial transparency across the...

Financial Literacy Initiative Al-Jaras Expands Investor Education Across Kuwait in October 2026

Financial literacy will take center stage in Kuwait during the third edition of the Al-Jaras initiative. Kuwait Stock Exchange launched the latest edition on...

Kuwait Customs Seizes Counterfeit Products Bearing Registered Trademarks

Kuwait Customs has seized 568 counterfeit shoes and jackets bearing registered trademarks from an air cargo shipment arriving from China. Authorities intercepted the shipment...

GCC Media Production Expands Global Reach Through New Partnerships and Wider Content Distribution

Gulf media is entering a new phase as regional producers focus on reaching larger audiences. The Gulf Cooperation Council Joint Program Production Institution plans...
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