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Kuwait and Qatar Face Sharper Economic Slowdown as Hormuz Disruptions Weigh on Growth

The Gulf economy continues facing challenges as regional tensions affect trade and energy markets. Gulf economy conditions show that Kuwait and Qatar may experience...
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NBK Adds New Features and Partner Benefits to Al Manzel Home Financing Program

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NBK Introduces Kuwait’s First Fully Digital Loan Service for Housing, Consumer, and Auto Financing

NBK digital loans have introduced a new chapter in Kuwait’s banking sector with the launch of the country's first fully digital loan service. The...
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Maersk Introduces New Surcharge for Ships Passing Through Strait of Hormuz

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Kuwait and Qatar Face Sharper Economic Slowdown as Hormuz Disruptions Weigh on Growth

The Gulf economy continues facing challenges as regional tensions affect trade and energy markets. Gulf economy conditions show that Kuwait and Qatar may experience...

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Kuwait and Qatar Face Sharper Economic Slowdown as Hormuz Disruptions Weigh on Growth

The Gulf economy continues facing challenges as regional tensions affect trade and energy markets. Gulf economy conditions show that Kuwait and Qatar may experience...

NBK Adds New Features and Partner Benefits to Al Manzel Home Financing Program

NBK Al Manzel continues expanding its home financing services in Kuwait by introducing new customer benefits and strengthening its network of strategic partners. The...

NBK Introduces Kuwait’s First Fully Digital Loan Service for Housing, Consumer, and Auto Financing

NBK digital loans have introduced a new chapter in Kuwait’s banking sector with the launch of the country's first fully digital loan service. The...

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Kuwait Airport Resumes Operations While Terminal 1 Repairs Continue Following Regional Disruptions

Kuwait Airport remains open as flights restart following regional tensions, although Terminal 1 remains unavailable because repair work continues. Kuwait International Airport has gradually...

GCC VAT Overhaul Reshapes Cross-Border Trade Across the Gulf as Businesses Prepare for Stricter Tax Compliance Rules

GCC VAT Overhaul is reshaping regional trade rules as Gulf countries move toward stronger tax coordination. The updated framework will affect companies that move...

Kuwait Finance Ministry Warns Against Renting State-Licensed Chalets And Rest Houses

Kuwait’s Ministry of Finance has renewed its call for beneficiaries of state-licensed chalets and rest-house plots to follow all licensing regulations and protect public...

UK and Gulf Cooperation Council Reach Historic Trade Pact to Improve Market Access

The Gulf trade deal marks a major step in economic cooperation between Britain and Gulf nations. The United Kingdom and the Gulf Cooperation Council...

HEISCO Secures $311 Million Financing to Support Kuwait Infrastructure Growth

HEISCO financing deal highlights stronger financial backing for Kuwait’s infrastructure sector. This agreement provides renewed credit facilities to support ongoing operations. It also reinforces...

Kuwait Deposit Extension Supports Egypt’s Financial Stability and Strengthens Bilateral Cooperation

Kuwait deposit extension plays a key role in supporting Egypt’s external financial stability. The arrangement highlights continued cooperation between Kuwait and Egypt. Kuwait decided to extend its $2...

Bank Profit Growth Continues at Arab Bank as Earnings, Loans, and Deposits Increase

Arab Bank Group reported strong financial results in early 2026. Bank profit growth continued through the first quarter. This performance reflected higher income and...

Kuwait Airport Closure Continues Amid Security Concerns and Infrastructure Damage, Disrupting Regional Travel

The Kuwait airport closure continues as authorities maintain the suspension of commercial flights. Officials in Kuwait City confirmed that operations remain halted. Moreover, they...

Kuwait Airways Resumes Colombo Flights and Expands International Network Through Dammam Transit Strategy

Kuwait Airways resumes international expansion with renewed focus on key Asian routes. The airline confirms the return of Colombo flights after strategic planning updates....

Kuwait Moves to Digital Financial Reporting

Kuwait is advancing digital financial reporting as it prepares to make XBRL submissions mandatory by 2027. The Ministry of Commerce and Industry has begun...

Gulf Banks Face Q1 2026 Profit Challenges Amid Regional Conflicts

Gulf banks earnings are facing challenges in the first quarter of 2026 due to regional conflicts and shrinking lending margins. Analysts expect year-on-year declines...

Donald Trump Suggests Seizing Iran’s Oil Hub as U.S.-Iran Conflict Escalates

U.S. President Donald Trump said he wants to take Iran’s oil and suggested that American troops could seize the country’s Kharg Island export hub....
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