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.

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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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BBK and Al Haddad Launch Flexible Financing Offer for New Bestune Vehicles in Bahrain

Bestune Financing is becoming more accessible to customers in Bahrain through a new partnership between BBK and Al Haddad International Motors. The two companies...

Kuwait’s Non-Oil Exports Reach KD1.04 billion as GCC Markets Lead Trade in First Half of 2026

Kuwait exports of non-oil products reached about KD1.04 billion during the first half of 2026. The strong performance highlights the expanding reach of Kuwaiti...

Kuwait Ends Wartime Visa Extensions from September 1 as Pre-War Immigration Rules Return

Kuwait visa rules will return to normal procedures from September 1 after months of special wartime extensions. The Interior Ministry confirmed the change as...

Kuwait History Highlights Major Developments Across Government, Business, and Technology

Kuwait history includes several important political, economic and social developments recorded on August 19. The date connects major events across more than six decades...

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...

Maersk Introduces New Surcharge for Ships Passing Through Strait of Hormuz

Maersk surcharge measures have taken effect as the global shipping company introduces new fees for vessels passing through the Strait of Hormuz. The move...

Zain Group Contributes $10 Million to Kuwait Emergency Response Fund

Zain donation highlights the company's continued commitment to Kuwait after contributing $10 million to the Kuwait Emergency Response Fund. The initiative aims to improve...

Kuwait Introduces New E-Commerce Regulations to Support Digital Growth and Consumer Protection

Kuwait e-commerce regulations have entered a new phase as the government introduced updated rules to strengthen the country's digital marketplace. The new framework aims...

Kuwait Budget Deficit Widens as Lower Oil Revenue Reduces Government Income

Kuwait deficit figures increased during the 2025–26 fiscal year as lower oil revenue reduced government income. The latest financial results highlight the continued impact...

Gulf Energy and Trade Routes Face Lasting Changes After Strait of Hormuz Crisis

Gulf trade routes remain central to global energy supplies despite the recent Strait of Hormuz crisis. Gulf trade routes continue supporting international oil and...