News From Kuwait
Aqua life experts at Kuwait Institute for Scientific Research (KISR) managed to farm whiteleg shrimp (or vannamei) at a desert area in Kabad using low salinity water. The experimental model …
KISR experts farm whiteleg shrimp Read More– The Central Bank of Kuwait (CBK) on Monday announced the latest issue of CBK Bonds and related Tawarruq worth KD 160 million (some USD 528 million). The financial tools, …
CBK issues bonds, tawarruq valued at KD 160 mln Read MoreSecretary-General of the Malaysian Foreign Ministry Amran Mohammad said Friday Kuwait is an important partner in the sector of oil explorations, urging closer investment relations between both countries. The …
Malaysian official touts Kuwait as important oil partner Read MoreBurgan Bank on Thursday announced a net profit of KD 27.2 million (around USD 89.7 million) for the first half of this year, up 13 percent, compared with the same …
Kuwait’s Burgan Bank posts KD 27.2 mln in H1 profits Read MoreThe Central Bank of Kuwait raised the discount rate by a quarter percentage point from 2.25 per cent to 2.50 per cent from Thursday, CBK Governor Basel Al-Haroon said on …
CBK raises discount rate by quarter percentage point Read MoreThe Kuwait housing real-estate scene had witnessed a sharp decline in deals by 50 percent in the first half of 2022 compared to the same period in 2021. Some attributed …
Price inflation causes sharp decline in Kuwait’s housing real-estate H1 ’22 Read More– The Central Bank of Kuwait (CBK) on Monday announced the latest issue of CBK Bonds and related Tawarruq at a total value of KD 200 million (nearly USD …
CBK issues KD 200 mln bonds, tawarruq Read MoreThe exchange rate of the US dollar on Monday remained stable against the Kuwaiti Dinar at KD 0.307 and the Euro at KD 0.313 compared with Sunday’s rates. The Central …
CBK: USD stands at KD 0.307, Euro at KD 0.313 Read MoreKuwait Finance House (KFH) approved, in a general assembly meeting on Monday, the exchange ratio for its acquisition of Bahrain’s Ahli United Bank (AUB). The meeting also gave the nod …
Kuwait’s KFH approves exchange ratio for Bahrain’s AUB acquisition Read MoreThe State of Kuwait is keen on bolstering Arab cooperation within the economic and social domains, matters, which would be addressed further during in the upcoming Arab summit, said an official Thursday.Speaking to KUNA at the conclusion of the regular…
Al-Nemesh: Kuwait for bolstering of Arab joint economic, social cooperation Read MoreKuwait’s trade surplus with Japan swelled more than 1.5 times from a year earlier to JPY 101.9 billion (USD 735 million) in June on brisk exports, government data showed Thursday.The surplus soared by 161.2 percent, up for the 15th consecutive month, a…
Kuwait’s June trade surplus with Japan up more than 1.5 times Read More— Kuwait’s Boubyan Bank announced KD 33 million of profits (USD 108.9 million) for H1 2022, up 54 percent, compared with last year, with a profit of 8.5 fils per share.Performance profits for H1 2022 reached KD 53 million (about USD 174.9 million), sa…
Boubyan Bank announces profits of KD 33 mln for H1 ’22 Read MoreLocally made products, especially foodstuff, have proved much significance on the basis of their vital role during the coronavirus (Covid-19) pandemic and the ongoing Ukraine war in answering the needs of the local market and curbing inflation.Compare…
Local food produce crucial for lower inflation, food security Read More– Kuwait Petroleum Corporation (KPC) exported the first batch of Ultra-low sulfur diesel (ULSD) to Naples, Italy, as part of a strategy to meet the demands of the international market, said an official Wednesday.Deputy Managing Director of Global Sales…
KPC exports ultra-low sulfur diesel to Europe Read MoreEstablished especially for wild birds, Kuwait Falcon Hospital Pure is an international destination for treating, caring for and preparing falcons for the hunting season in October.In a statement to KUNA, Director of Kuwait Falcon Hospital Pure Nasser A…
Kuwait Falcon Hosp Pure .. int’l destination for treating wild birds Read MoreKuwaiti Deputy Prime Minister and Minister of Oil Dr. Mohammad Al-Fares said Thursday the OPEC Plus alliance succeeded in managing the oil markets through a larger production increase than planned during July and August 2022.Al-Fares, who doubles as Mi…
Kuwait Oil Min. touts OPEC+ success in managing oil markets Read More