News From Kuwait
The Central Bank of Kuwait (CBK) on Monday declared the issuance of Tawarruq and bonds worth KD 240 million (about USD 792 million).The issue’s maturity period is three months, with a return rate of 1.250 percent, the CBK said in a statement to KUNA. …
Read More– The Ahli United Bank on Monday declared KD 11.1 million (about USD 36.6 million) in net profits in the first quarter of 2021 compared with KD 15.3 million (about USD 50.4 million) in the same period in 2020.In a statement, the bank attributed the dro…
Read MoreKuwait’s Minister of Finance and Minister of State for Economic Affairs and Investment Khalifa Hamadah participated Wednesday online in the GCC 113th meeting of Financial and Economic Cooperation Committee at ministerial level.In a statement, Ministry …
Read More— Kuwait’s trade surplus with Japan tumbled 45.7 percent from a year earlier to JPY 25.5 billion (USD 235 million) in March, down for the 12th month in a row due to sluggish exports, government data showed Monday.But Kuwait stayed in black ink with Ja…
Read More– Kuwait’s ministry of finance on Wednesday took part in the 60th meeting of GCC Undersecretaries of Ministries of Finance Committee via videoconference.During the meeting, in which Undersecretary Aseel Al-Manifi took part, the conferees discussed seve…
Read MoreThe US dollar was stable at KD 0.301 on Monday, also down with EURO at to KD 0.358, compared to Sunday’s rates.The central Bank said in its daily bulletin that the British sterling pound was stable to KD 0.413, but the Swiss Franc was down at KD 0.325…
Read MoreThe US dollar stabilized against the Kuwaiti dinar on Sunday trading at KD 0.302 while the Euro rose to KD 0.355 compared to last Thursday’s rates.Central Bank of Kuwait said in its daily bulletin that the sterling pound went up to 0.418 and Swiss fran…
Read MoreBoursa Kuwait Securities Company on Thursday approved distribution OF KD eight million (USD 25.6 million) worth of profits for 2020.The decision was taken after posting hike of net earnings, by 191.9 percent, to KD 28 million (USD 89.6 million).The co…
Read MoreKuwait Audit Bureau’s examination of planned expenditures spared the treasury (unnecessary) spending estimated at KD 80 million (USD 264 million) in the current fiscal year.Fatma Al-Fahad, auditor at the pre-supervision department for economic affairs…
Read MoreThe exchange rate of the US dollar was stable at KD 0.302, while the euro dropped to KD 0.356 on Sunday, compared to Thursday’s rates.The Central Bank of Kuwait (CBK) said on its daily bulletin that the sterling rose to KD 0.416, the Swiss franc droppe…
Read MoreKUWAIT, The price of Kuwaiti crude oil rose by USD 1.28 to reach USD 62.96 per barrel on Thursday from USD 61.68 pb a day prior, Kuwait Petroleum Corporation (KPC) …
Read MoreNEW YORK, Oil price on Wednesday rose more than four percent after a ship ran aground in Egypt’s Suez Canal. Worries increased that the incident could delay crude shipments and …
Read MoreKUWAIT, Kuwait oil dropped USD 1.96 during Wednesday’s trading sessions to reach USD 61.68 per barrel (pb) compared with USD 63.64 pb the day before, Kuwait Petroleum Corporation (KPC) said …
Read More– The exchange rate of the US Dollar up at KD 0.302, whereas the Euro went down to KD 0.357, compared to last Tuesday’s rates, said the Central Bank of Kuwait (CBK) Wednesday.On its daily bulletin, CBK added that the rate of the Sterling Pound was down…
Read MoreThe exchange rate of the US Dollar stabilized at KD 0.301, whereas the Euro went up to KD 0.360, compared to last Monday’s rates, said the Central Bank of Kuwait (CBK) Tuesday.On its daily bulletin, CBK added that the rate of the Sterling Pound was dow…
Read MoreThe exchange rate of the US dollar was stable at KD 0.301, while the euro dropped to KD 0.359 on Sunday, compared with Thursday’s rates.According to the daily bulletin of the Central Bank of Kuwait (CBK), the sterling went down to KD 0.419, Swiss franc…
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