19Jan 2019

Finance News in Kuwait

Expenditures ceiling to be set at KD 20b in features of current fiscal year budget
Increase in the volume of investment
FinancePosted on January 16 2019
KFAED offers $6 million loan to Belize
Whereby the former will offer a loan worth 6 million
FinancePosted on January 16 2019
Oil price between $55-$65 pb in first half of 2019: Analyst
In the first half of 2019, the price of oil is expected to reach $55 to $65 per barrel (pb)
FinancePosted on January 16 2019
USD, Euro maintain rates of KD 302, KD 347 - CBK
The exchange rate of the British Pound Sterling went up to KD 0.390
FinancePosted on January 15 2019
Tax returns to reveal dual nationality of Kuwaiti citizens or expats - report
Provision of legal cover to allow the secrecy of its banking and investment data
FinancePosted on January 15 2019
'MoH has paid KD 3mln to honor verdicts'
The minister said the percentage of cases lost by the ministry does not exceed 14 percent
FinancePosted on January 14 2019
ISPs air grievance over hike in rates
Protest against the decision that was issued at the end of last year
FinancePosted on January 14 2019
Banks may declassify expatriate client data
Its purpose is to combat tax evasion
FinancePosted on January 14 2019
Kuwaiti market closes week with an upswing
The All Shares Index jumped 41 pts to 5,218.72 points
FinancePosted on January 11 2019
'Kuwait records lowest rate of savings in the Gulf region'
Average savings per Kuwaiti household KD 279 per month
FinancePosted on January 09 2019
Loans were directly approved by 'former' director-general: PIFSS
The total amount of loans granted to Abraaj Holding by the Institution was $731.8 million
FinancePosted on January 07 2019
Constitutional Court replacement eyed
Financial and Economic Affairs Committee postponed submission of its report
FinancePosted on January 07 2019
Panel to pursue Kuwaitization policy
MoH sets up internal audit office to review work issues
FinancePosted on January 04 2019
National Bank of Kuwait Officially Launches Ripple's xCurrent-Based Payment Solution
The official announcement was made on December 26 by NBK on their official Twitter page
FinancePosted on January 02 2019
Kuwait's economy ends '18 with high credit ratings
The rating given by Standard and Poor's (S and P) was (AA/A-1+), while Moody's was (Aa2) and Fitch Group gave Kuwait the (AA) rating
FinancePosted on January 02 2019
Money Exchanges told to tighten scrutiny
The CBK employees posing as customers entered some exchange offices and discovered they did not comply with the CBK regulations
FinancePosted on December 17 2018
Consumer Price Index in Kuwait rises
The CPI dropped, monthly, to 113.1, by 0.09 percent, in September, as a result of high prices of major groups.
FinancePosted on October 22 2018
Kuwait economy to accelerate in '19, rise further or maintain level in 2020
'Growth will not return to boom levels'
FinancePosted on October 20 2018