Kuwait

Kuwait Wealth Fund Tops $1 Trillion

Kuwait wealth fund assets surpassed $1 trillion in 2025, highlighting the country’s strong fiscal position. Consequently, the milestone underscores Kuwait’s ability to manage public...

Rising U.S.–Iran Tensions Challenge Gulf Economic Transformation

Escalating tensions between Washington and Tehran have put the Persian Gulf on high alert. In February 2026, President Donald Trump indicated a “locked and...

Kuwait Wealth Fund Tops $1 Trillion

Kuwait wealth fund assets surpassed $1 trillion in 2025, highlighting the country’s strong fiscal position. Consequently, the milestone underscores Kuwait’s ability to manage public...

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Kuwait Wealth Fund Tops $1 Trillion

Kuwait wealth fund assets surpassed $1 trillion in 2025, highlighting the country’s strong fiscal position. Consequently, the milestone underscores Kuwait’s ability to manage public...

Kuwait Deficit Hits Record $31.96 Billion as Oil Revenue Remains Key to Fiscal Planning

Kuwait deficit concerns are rising as the government forecasts a record shortfall for the next fiscal year. Officials estimate total income at 16 billion...

Rising U.S.–Iran Tensions Challenge Gulf Economic Transformation

Escalating tensions between Washington and Tehran have put the Persian Gulf on high alert. In February 2026, President Donald Trump indicated a “locked and...

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Kuwait Financial Literacy Program Builds Youth Skills Through Banker for the Day

Gulf Bank in Kuwait, in partnership with Basta, recently launched a powerful youth initiative. The Kuwait financial literacy program, titled "Banker for the Day,"...

Kuwait’s Financial Cooperation Strengthens with India and Iraq Agreements

The Kuwait financial cooperation is taking decisive steps to grow its influence in global security. The country signed agreements with India and Iraq to...

Kuwait launches e-visa platform to boost travel and digital transformation

Kuwait has unveiled its new e-visa platform to simplify travel and strengthen the country’s digital transformation efforts. The Kuwait e-visa provides faster entry for tourists, families,...

Kuwait to Raise KD250 Million from Global Company Tax

Kuwait is preparing to collect nearly KD250 million each year through a newly applied global company tax. The country introduced a 15 percent minimum...

Gold Prices Climb in Kuwait Amid Global Rate Fears

The Gold prices in Kuwait today rose as international investors turned cautious. They are now seeking the safety of gold amid global uncertainty. Market...

Kuwait Resumes Charity Funding with Strong Governance to Boost Financial Transparency

Kuwait resumes charity funding with new governance measures aimed at increasing financial transparency. The government committee recently approved restarting donations and funding for charitable...

Gulf Airspace Reopened After Iran Strike Disrupts Regional Flights

Gulf airspace reopened after a sudden closure caused by Iran’s missile strike on a US military base in Doha. The strike led to a...

Kuwait Ministry of Finance Activates Emergency Plan Amid Regional Tensions

The Kuwait Ministry of Finance has activated its emergency plan following the recent US strikes on Iranian nuclear facilities. The ministry announced this step...

New Oil Discovery in Saudi Arabia and Kuwait Boosts Global Energy Supply

New oil discovery in Saudi Arabia and Kuwait has sparked global attention. Both countries jointly revealed a significant find in the Partitioned Zone. According...

Kuwait Market Stability Effort Maintains Supply Amid Tensions

The Kuwait market stability effort remains strong as the country faces heightened regional tensions. Government officials have acted quickly to ensure that local markets...

Gulf Banks 2025 Rankings Spotlight Top Gulf Financial Institutions

The Gulf Banks 2025 rankings project is rapidly gaining attention throughout the Gulf Cooperation Council (GCC) region. This ambitious initiative evaluates over 60 banks...

Kuwait Outdoor Work Ban Starts to Protect Workers from Summer Heat Risks

The Kuwait midday outdoor work ban started on Sunday to shield workers from extreme summer heat. Furthermore, this ban runs daily between 11 am...