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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 Non-Oil Sector Surges as $2 Billion Deposit Strengthens Ties with Egypt

Kuwait economic growth strengthened in November as non-oil output expanded and new business orders surged, according to S&P Global. The latest data highlights the...

Kuwait Non-Oil Sector Shows Strong November Growth

Kuwait reported a solid improvement in private economic activity in November as output strengthened and new orders increased. The Kuwait non-oil sector recorded another...

Financial Security Strengthens as Saudi Arabia and Kuwait Boost Cooperation

Saudi Arabia and Kuwait have strengthened efforts to boost financial security through a new agreement. Consequently, collaboration against money laundering and terrorism financing has...

Vietnam PM Trip to Kuwait, Algeria, and South Africa

Hà Nội, Vietnam – Vietnam PM trip began on November 16 as Prime Minister Phạm Minh Chính and his spouse Lê Thị Bích Trân...

Mongolia Kuwait Partnership Strengthens Bilateral Ties

Mongolia Kuwait partnership took a significant step forward as both countries discussed a roadmap to strengthen bilateral ties. The talks focused on formalizing agreements...

Spending Falls in Kuwait for First Time in Four Years

Spending in Kuwait fell for the first time in four years, highlighting shifting consumer behavior and emerging economic pressures. Data from the Central Bank...

Kuwait Calls for Stronger Cyber Cooperation as Threats Escalate

Cybersecurity in Kuwait calls for stronger regional cooperation as digital threats continue to rise. Moreover, officials highlighted the importance of securing data, which they...

Bahrain Industry Minister Joins GCC Standardisation Committee Meeting in Kuwait

Bahrain Industry Minister Abdulla bin Adel Fakhro, who also serves as Chairman of the National Committee for Standards and Metrology, participated in the 10th...

Kuwait Grants $1 Million to Boost Rural Water Access in Kyrgyzstan

Water remains a top priority for Kyrgyzstan as President Sadyr Japarov ratified a grant agreement with Kuwait. He signed the law approving a $1...

Turkey Strengthens Strategic Partnership with Kuwait During Presidential Visit

Turkey has reinforced its strategic partnership with Kuwait during President Recep Tayyip Erdogan’s official visit. Ambassador Tuba Nur Sönmez highlighted the depth of bilateral...

Kuwaiti Banks Drive Global Financial Influence and Investment Growth

Kuwaiti banks demonstrated the resilience and strength of the country’s financial sector at the IMF and World Bank meetings in Washington. The Kuwait Banking...

Kuwait Banking Dominates Market and Wins Global Investor Trust

Kuwait banking continues to dominate the country’s stock market, contributing more than 60 percent of total capitalization. The sector also ranks as the most...
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