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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 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....

Kuwait Gold Market Sees Surge as Buyers Eye Jewelry and Coins Amid Bullion Shortage

Gold buyers in Kuwait are increasingly buying jewelry and coins as bullion supply tightens. Prices are approaching record highs, highlighting investors’ drive to protect...

Kuwait Strengthens Travel Complaint Process via Sahel App

Kuwait has shifted travel-related complaints to a digital platform, tightening oversight of airlines and travel agencies. The Public Authority for Civil Aviation (DGCA) now...

Wall Street Futures Jump After Trump Delays Iran Strikes

Wall Street futures surged on Monday after U.S. President Donald Trump announced a delay in planned military strikes on Iran. The move helped calm...

Kuwait Keeps Supply Chain Stable as Truck Flow Reaches 600 Daily

Kuwait has strengthened its Kuwait supply chain by maintaining the daily movement of hundreds of trucks. Authorities say the system continues to operate without...

Jazeera Airways Launches Daily Flights to UAE and Saudi Arabia Amid Regional Disruptions

Jazeera Airways has announced the launch of daily flights connecting Saudi Arabia and the United Arab Emirates. The new service aims to maintain regional...

Gulf Tensions Cancel CBSE Exams for Thousands of Students

Rising regional tensions have disrupted education across the Gulf region. The CBSE exam cancellation now affects thousands of Indian students studying in West Asia....

Drone Strike Disrupts Radar System at Kuwait International Airport

A sudden security incident has raised concern across the region’s aviation sector. The Kuwait drone attack targeted the radar system at Kuwait International Airport....

Drone Strikes Target Kuwait International Airport, No Casualties Reported

The Directorate General of Civil Aviation announced that several drones targeted Kuwait International Airport early Thursday morning. This attack caused significant material damage to...
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