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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 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...
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