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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Global Investors Remain Confident in UAE and GCC Economies Despite Regional Tensions, New Survey Finds

GCC Economy continues attracting strong international attention as global investors remain optimistic about the region's future. A new survey shows confidence remains high despite...

Kuwait Creates $100 Million Emergency Fund to Enhance Disaster Preparedness and Recovery

Kuwait Emergency Fund marks a major step in strengthening the country's preparedness for emergencies and unexpected events. The new initiative aims to improve national...

Kuwait Plans 4.25 Billion Dollar International Loan to Strengthen Government Finances and Expand Global Market Access

Kuwait loan plans gained attention after the Ministry of Finance advanced a major financing initiative. The Kuwait Investment Authority is arranging a $4.25 billion...

Kuwait Egypt Food Industry Partnership Strengthens Trade and Food Security Cooperation

The Kuwait-Egypt Food Industry Partnership is gaining momentum as both countries explore stronger cooperation across the food production, manufacturing, and distribution sectors. The initiative...

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...