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		<title>Warba Bank launches Agentic AI banking assistant Bdr AI in Kuwait</title>
		<link>https://internationalfinance.com/islamic-banking/warba-bank-launches-agentic-ai-banking-assistant-bdr-ai-in-kuwait-exclusive/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=warba-bank-launches-agentic-ai-banking-assistant-bdr-ai-in-kuwait-exclusive</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Fri, 04 Sep 2026 01:00:47 +0000</pubDate>
				<category><![CDATA[Exclusive]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[IF Exclusive]]></category>
		<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Agentic AI]]></category>
		<category><![CDATA[Anwar Badr Al-Ghaith]]></category>
		<category><![CDATA[Bdr AI]]></category>
		<category><![CDATA[Digital Cooperation Organization]]></category>
		<category><![CDATA[Islamic banking]]></category>
		<category><![CDATA[Islamic Digital Banking]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[Kuwait Vision 2035]]></category>
		<category><![CDATA[SiDi Digital Wallet]]></category>
		<category><![CDATA[Warba Bank]]></category>
		<category><![CDATA[Warba Bank's Agentic AI Tool]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=57933</guid>

					<description><![CDATA[<p>Using Bdr AI, customers will be able to communicate through voice or text rather than navigating multiple menus or manually entering transaction details</p>
<p>The post <a href="https://internationalfinance.com/islamic-banking/warba-bank-launches-agentic-ai-banking-assistant-bdr-ai-in-kuwait-exclusive/">Warba Bank launches Agentic AI banking assistant Bdr AI in Kuwait</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Warba Bank launched ‘Bdr AI’, an agentic artificial intelligence banking assistant that allows retail customers in Kuwait to initiate supported banking transactions through natural-language voice or text commands in Arabic and English, in July 2026.</p>
<p>According to the Kuwaiti Islamic bank, the service is integrated into its mobile banking application. It is intended to simplify routine transactions, improve operational efficiency, and provide automated digital banking support around the clock.</p>
<p>The launch takes Warba&#8217;s use of AI beyond customer information and financial advice towards conversational banking, in which an AI system can interpret what a customer wants, and initiate an eligible transaction within the bank&#8217;s established security and control framework.</p>
<p>Bdr AI supports Arabic, including conversational Kuwaiti Arabic, as well as English. Customers can communicate through voice or text rather than navigating multiple menus or manually entering transaction details.</p>
<p>Anwar Badr Al-Ghaith, Deputy Chief Executive Officer for Digital Transformation and Operations at Warba Bank, said, ”The launch of Bdr AI expands how customers interact with the bank&#8217;s digital services by providing a faster and more flexible way to complete supported transactions.”</p>
<p>He added that continued investment in scalable digital infrastructure remains a priority as the bank seeks to improve efficiency while maintaining security and control across its digital channels.</p>
<p>The development comes as Warba expands its engagement with the international digital economy.</p>
<div></div>
<div>The bank has joined the Digital Cooperation Organization (DCO) as an observer, giving it access to specialised policy labs and working groups involving digital-economy experts.</div>
<div></div>
<div>Warba stated that the move would support financial innovation and contribute to the objectives of Kuwait Vision 2035.</p>
<p><b>Islamic banking in digital mode</b><br />
Founded in 2010, Warba Bank is headquartered in Kuwait City. The bank operates through a nationwide network of 20 branches, including at The Avenues and Kuwait International Airport. It is one of Kuwait&#8217;s newer Islamic banks, and has sought to differentiate itself through digital financial services and innovative Sharia-compliant products.</p>
<p>It has one of the country&#8217;s largest shareholder bases.</p>
<p>Warba&#8217;s digital transformation predates the current surge in generative and agentic AI. The bank established its Digital Group in 2020, bringing together digital transformation, a digital factory, and business-excellence functions. Since then, it has increasingly integrated technology into both customer services and internal operations.</p>
<p><b>Building an AI-enabled bank</b></p>
<p>Over the past three years, Warba has expanded its mobile banking capabilities while increasing the use of automation, data analytics, and AI.</p>
<p>In 2023, the bank enhanced its mobile application with features including personalised dashboards, digital wallets, Google Pay, mobile payments, and a marketplace for gift cards and promotional codes.</p></div>
<div></div>
<div>Its SiDi digital wallet, designed particularly with migrant workers in mind, was enhanced with digital onboarding and account-management capabilities.</p>
<p>AI was simultaneously being deployed behind the scenes. Warba used AI for data mining and statistical analysis to generate insights and improve forecasting. It developed THEKEY, an AI assistant on Microsoft Teams designed to support employees.</p>
<p>Automation was introduced into a range of operational processes, including card delivery, legal workflows, and financial operations. The bank expanded digital services for corporate customers, including payment links, online letters of credit and guarantees, and digital document submission.</p>
<p>The next stage was to bring AI directly to customers. In 2024, Warba launched Warba Advisor, an AI-powered personal financial adviser. The service uses customer information and data analysis to offer personalised recommendations on products such as accounts, cards, savings, and investments.</p></div>
<div>
Bdr AI represents another step in that progression. While Warba Advisor focuses on recommendations and financial guidance, Bdr AI is designed to interpret a customer&#8217;s instruction and initiate supported banking operations.</p>
<p><b>Learning about Sharia principles</b><br />
Warba&#8217;s technology strategy is not limited to making conventional banking services available through smartphones. The bank has sought to use digital technology to address distinctive requirements of Islamic finance.</p>
<p>One example is its interactive digital Fatwa system, launched in 2023. The system converted the bank&#8217;s collection of Sharia rulings into a searchable digital resource. Customers can search for rulings using questions, answers, titles or keywords, making Islamic guidance more readily accessible.</p>
<p>This type of service is significant for digital Islamic banking because the customer experience involves more than executing a transaction. Customers may also want to understand the Sharia principles governing financial products and activities.</p>
<p>Warba has similarly developed digital savings and payment products. Al Sunbula, its Sharia-compliant savings product, allows customers to open accounts digitally while offering returns and prize draws.</p>
<p>Its SiDi wallet is another example of technology being used to broaden access to financial services. The mobile-based proposition provides migrant workers with services, including digital account opening, transfers, payments and debit-card facilities, reducing reliance on physical branches.</p>
<p><b>Extending innovation to businesses and younger customers</b><br />
Warba has targeted businesses and emerging consumer communities with technology-led products.</p>
<p>Its iPos wireless smart point-of-sale device, introduced in 2024, enables merchants to accept QR, mobile and digital-wallet payments. The Android-based device also supports foreign-currency transactions and loyalty features, giving merchants a broader digital payments and customer-engagement platform.</p>
<p>For younger consumers, Warba introduced a Game Edition prepaid card in collaboration with Visa, targeting the gaming and e-sports community. The card can be topped up through the Warba mobile application, and supports online and international transactions.</p>
<p>These products reflect an attempt to connect banking services with changing patterns of consumption rather than limiting digitalisation to traditional accounts, cards and transfers.</p>
</div>
<div><b>Focus on community</b><br />
Warba&#8217;s digital transformation has been accompanied by community initiatives covering financial education, social welfare and environmental sustainability.</p>
<p>The bank has supported financial education and professional development through initiatives with organisations such as the CFA Society Kuwait. It has also backed programmes providing school supplies and other assistance to children from disadvantaged families.</p>
<p>In 2025, Warba launched its ‘Plant It for Free’ campaign, involving employees and community volunteers in tree planting and linking social engagement with environmental sustainability.</p>
</div>
<div>Its Basmah Ramadan campaign similarly connected banking activity with social support. The initiative directed part of qualifying card transactions at grocery stores and cooperative societies towards providing Eid gifts to orphans and families in need.</p>
<p><b>From mobile menus to conversations</b><br />
Bdr AI is the latest stage in a multi-year transformation rather than an isolated technology experiment. Warba has moved from strengthening mobile banking and digital onboarding to automating internal processes, applying AI to data analysis, introducing personalised financial advice and now allowing customers to communicate banking instructions in natural language.</p>
</div>
<div>The support for Kuwaiti Arabic voice interactions could prove particularly important as the bank seeks to make digital banking more intuitive and accessible. Instead of learning how a banking application is structured, customers can increasingly tell the bank what they want.</p>
<p>For an Islamic bank, the larger opportunity is to combine that convenience with Sharia-compliant products and digital access to Islamic guidance.</p></div>
<div></div>
<div>If Warba can maintain security, reliability and customer trust as its AI capabilities expand, Bdr AI could mark a significant shift in how customers interact with Islamic banking — from navigating digital services to simply conversing with them.</div>
<p>The post <a href="https://internationalfinance.com/islamic-banking/warba-bank-launches-agentic-ai-banking-assistant-bdr-ai-in-kuwait-exclusive/">Warba Bank launches Agentic AI banking assistant Bdr AI in Kuwait</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>BP divestment: Kuwait-backed consortium in race to acquire energy giant&#8217;s solar unit</title>
		<link>https://internationalfinance.com/oil-and-gas/bp-divestment-kuwait-backed-consortium-in-race-to-acquire-energy-giants-solar-unit/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=bp-divestment-kuwait-backed-consortium-in-race-to-acquire-energy-giants-solar-unit</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Wed, 29 Jul 2026 00:00:19 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP Divestment]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[Kuwait Investment Authority]]></category>
		<category><![CDATA[Lightsource]]></category>
		<category><![CDATA[Meg O'Neill]]></category>
		<category><![CDATA[Qualitas Energy]]></category>
		<category><![CDATA[Wren House]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=57323</guid>

					<description><![CDATA[<p>Private equity firm ⁠Qualitas Energy and Wren House, the infrastructure arm of Kuwait Investment Authority, have teamed up to acquire Lightsource</p>
<p>The post <a href="https://internationalfinance.com/oil-and-gas/bp-divestment-kuwait-backed-consortium-in-race-to-acquire-energy-giants-solar-unit/">BP divestment: Kuwait-backed consortium in race to acquire energy giant&#8217;s solar unit</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>British energy giant BP is reportedly in advanced talks to sell its solar business, Lightsource, to a consortium backed by Kuwait&#8217;s sovereign wealth fund, as the venture sharpens its focus further on oil and gas to bolster returns.</p>
<p>Green energy-focused private equity firm ⁠Qualitas Energy and Wren House, the infrastructure arm of Kuwait&#8217;s sovereign wealth fund Kuwait Investment Authority, have teamed up for the bid, claimed a report from the Financial Times (FT).</p>
<p>BP has been doubling down on efforts to simplify its operations, while refocusing on traditional oil and gas to reduce debt, boost profit and return on investment after a miscalculated foray into renewables under Bernard Looney in 2020, under which the company promised to reduce its oil and gas production by 40% by 2030 and aimed for zero net emissions by 2050.</p>
<p>With new CEO <a href="https://internationalfinance.com/business-leaders/business-leader-week-meg-oneills-vision-drives-woodside-energys-lng-growth/" target="_blank">Meg O&#8217;Neill</a> firmly taking over the proceedings, BP has been having a busy July in terms of making its organization lean. Last week, it signed an agreement to sell its minority interests in more than 10 ‌companies in ⁠its venture arm, under its USD 20 billion divestment plan.</p>
<p>BP&#8217;s Lightsource, which was central to a hefty impairment charge flagged in early 2026, has already spun off its offshore wind business, apart from abandoning plans to ⁠build biofuels and hydrogen plants in Amsterdam, Australia, and the United Kingdom, respectively.</p>
<p>The energy major will also be selling its Austrian mobility, ‌convenience, and electric vehicle (EV) charging businesses to Volenergy AG. The move will be the fourth in line, after sales of similar businesses in the Netherlands in 2025, Turkey in 2024, and Switzerland in 2022.</p>
<p>The agreement with Volenergy AG, expected to be completed by the 2026 end, includes 250 BP-branded retail sites as well as electric vehicle charging ‌infrastructure. BP ⁠will sell 100% of its shares in BP Retail Austria GmbH (subject to regulatory approvals) and its shares in three non-operated joint ⁠ventures.</p>
<p>Volenergy AG operates the largest network of fuel stations in Switzerland, with more than 730 ⁠locations. It acquired BP&#8217;s Swiss retail network in 2022.</p>
<p>O&#8217;Neill, who started in the top job in April, said a couple of weeks back that BP needs to prioritize financial discipline by simplifying its portfolio, cutting costs, and tightening capital spending, while refocusing on its core oil and gas investments.</p>
<p>The British major&#8217;s venturing arm, BP Ventures, which began in 2007, had 27 companies ⁠in its portfolio till the divestment took the fifth gear in July. These included projects related to artificial intelligence (AI), electric vehicles, and hydrogen.</p>
<p>Since O&#8217;Neill has taken over BP&#8217;s leadership reins, the energy major has also gone through the <a href="https://internationalfinance.com/business-leaders/albert-manifolds-ouster-and-bps-never-ending-boardroom-instability/" target="_blank">unpleasant removal of its chair</a>, Albert Manifold, over bullying allegations. Amid the instability in its board, the venture is currently working to rebuild investor trust by cutting costs and debt.</p>
<p>The CEO reportedly wants to be more selective in its investment decisions ⁠as it works through its strategy reset after the painful renewables experiment.</p>
<p>&#8220;We need to be deliberate about where we invest and where we don’t. We need to make fewer, better choices and hold ourselves to account,&#8221; O&#8217;Neill said in a LinkedIn post on the 100th day of her being in the role.</p>
<p>She has laid out three priorities to make BP simpler and more valuable: operational excellence, improved accountability, and strong discipline in costs, cash, and capital.</p>
<p>BP&#8217;s reorganization into two business segments, upstream and downstream, from three, went into effect at the start of this month. As per O&#8217;Neill, the move will help reduce complexity at the energy major, with trading connecting the ‌upstream ⁠and downstream businesses.</p>
<p>The current divestment strategy involves prioritizing debt reduction in order to improve cash flow and reshape the overall portfolio further.</p>
<p>The start of O&#8217;Neill&#8217;s tenure also coincided with the Iran war, which has disrupted the global energy market with little shipping ⁠traffic going through the crucial maritime chokehold called the Strait of Hormuz. The crisis, however, helped boost BP&#8217;s results in the first quarter, with profit more than doubling to USD 3.2 billion.</p>
<p>&#8220;BP&#8217;s trading and shipping teams worked with its refining unit to deliver an extra 50 ⁠million liters of diesel from the Cherry Point refinery in Washington state to Sydney to help increase supplies in Australia,&#8221; O&#8217;Neill said on LinkedIn.</p>
<p>The energy major&#8217;s Castellon refinery in Spain has also increased jet fuel output by 30% ahead of Europe&#8217;s summer travel season in response to the crisis.</p>
<p>The post <a href="https://internationalfinance.com/oil-and-gas/bp-divestment-kuwait-backed-consortium-in-race-to-acquire-energy-giants-solar-unit/">BP divestment: Kuwait-backed consortium in race to acquire energy giant&#8217;s solar unit</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Kuwait&#8217;s oil output, trade rebound as US-Iran deal eases Gulf tensions</title>
		<link>https://internationalfinance.com/oil-and-gas/kuwaits-oil-output-trade-rebound-as-us-iran-deal-eases-gulf-tensions/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=kuwaits-oil-output-trade-rebound-as-us-iran-deal-eases-gulf-tensions</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Mon, 06 Jul 2026 02:00:16 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Oil & Gas]]></category>
		<category><![CDATA[Iran War]]></category>
		<category><![CDATA[KPC]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[Kuwait Petroleum Corporation]]></category>
		<category><![CDATA[oil]]></category>
		<category><![CDATA[Oil Trade]]></category>
		<category><![CDATA[Strait of Hormuz]]></category>
		<category><![CDATA[US-Iran Peace Deal]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=56855</guid>

					<description><![CDATA[<p>Kuwait's crude oil production rose sharply to 1.65 million bpd in June from May's ratio of 580,000 bpd, with the OPEC member also boosting its exports</p>
<p>The post <a href="https://internationalfinance.com/oil-and-gas/kuwaits-oil-output-trade-rebound-as-us-iran-deal-eases-gulf-tensions/">Kuwait&#8217;s oil output, trade rebound as US-Iran deal eases Gulf tensions</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The peace agreement between Iran and the United States has brought a tailwind into Kuwait&#8217;s energy industry, with the latter&#8217;s crude oil production rising sharply to 1.65 million barrels per day in June from 580,000 bpd in May, with the OPEC member also boosting its exports through the Gulf routes.</p>
<p>The jump in Kuwaiti crude oil output ⁠also indicates that energy trade, the lifeline of the Middle East&#8217;s key economies, through the Strait of Hormuz is recovering rapidly following disruption caused by the Iran war, with stranded cargoes gradually clearing the strategically important maritime chokehold and exporters restoring production. </p>
<p>It is worth mentioning that around USD 600 billion in <a href="https://internationalfinance.com/oil-and-gas/usd-billion-loss-days-iran-war-upends-oil-and-gas-flow/" target="_blank">energy trades</a> used to pass through the Strait of Hormuz on an annual basis till the beginning of 2026. This key water route daily handles about 20 million barrels of crude oil and petroleum and up to 20% of global liquefied natural gas (LNG).</p>
<p>Kuwait was producing a crude volume of 2.5 million bpd before Iran&#8217;s <a href="https://internationalfinance.com/magazine/economy-magazine/the-hormuz-blockade-and-the-impending-global-famine/" target="_blank">closure of the Strait</a> in response to the American and Israeli airstrikes at the end of February. The disruption prompted the country and other Gulf producers like Saudi Arabia and Iraq to cut millions of barrels per day of oil output.</p>
<p>With the war now coming to an end and things normalising at the Hormuz, daily production in the last 10 ‌days ⁠of June rose to as high as 1.9 million bpd, claimed a Reuters report. As oil production and trade recover quickly, it has directly affected the crude price, with the Brent futures and West Texas Intermediate (WTI) trading at USD 71.87 and USD 68.63, respectively.</p>
<p>State oil company Kuwait Petroleum Corporation has already lifted all force majeure notices issued during the war, while a tender document on June 19 showed the company offering cargoes to buyers.</p>
<p>The recovery in energy flows augurs well for Kuwait, which was ⁠one of the hardest-hit countries in the Gulf by the Iran war due to the closure of the Strait of Hormuz. Unlike Saudi Arabia and the United Arab Emirates (UAE), which ⁠can use export routes other than the Strait, Kuwait relies almost entirely on the waterway for its crude exports, leaving it effectively cut off from key markets such as Asia during the disruption.</p>
<p>Leaving behind the war-related disruptions, Kuwait Petroleum Corporation (KPC) is now focusing on raising fresh capital by asking global funds bidding for a USD 7 billion stake in its oil pipeline network to recruit other investors to ‌help consolidate bids. The rule tweak, as per the reports, has been done to ensure that smaller investors that have relationships with KPC can get involved in the process. KPC, following the lead of its other Gulf counterparts and sovereign investors, is looking to raise funds from infrastructure assets and attract foreign capital, with the goal of diversifying away from oil and funding domestic investment plans.</p>
<p>Among the bidders, Blackstone has emerged as the prominent name. For the first time, the world&#8217;s largest alternative asset manager has taken part in a wave of Gulf national oil company infrastructure deals that have also attracted rivals like BlackRock and its Global Infrastructure Partners (GIP), as well as KKR and others.</p>
<p>Saudi Aramco, Abu Dhabi&#8217;s ADNOC and other regional energy companies have pursued ‌similar ⁠asset strategies in recent years. Aramco has already signed an USD 11 billion lease and leaseback deal for its Jafurah gas processing facilities with a consortium of funds managed by GIP in a deal that got closed in October 2025.</p>
<p>BlackRock&#8217;s GIP, Brookfield, EIG Global Energy Partners, KKR and Apollo have also advanced to the ⁠KPC&#8217;s next stage of the sales process. KPC launched the transaction in the early stages ⁠of the Iran war, indicating the Gulf nation&#8217;s strong intent to press ahead with its fundraising plans despite the geopolitical volatility.</p>
<p>The post <a href="https://internationalfinance.com/oil-and-gas/kuwaits-oil-output-trade-rebound-as-us-iran-deal-eases-gulf-tensions/">Kuwait&#8217;s oil output, trade rebound as US-Iran deal eases Gulf tensions</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Kuwait’s Q1 2026 trade exchange falls to 7.2 billion dinars, says government data</title>
		<link>https://internationalfinance.com/trading/kuwaits-q1-2026-trade-exchange-falls-to-7-2-billion-dinars-says-government-data/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=kuwaits-q1-2026-trade-exchange-falls-to-7-2-billion-dinars-says-government-data</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Fri, 26 Jun 2026 03:00:48 +0000</pubDate>
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		<category><![CDATA[Central Statistical Bureau]]></category>
		<category><![CDATA[Energy Trade]]></category>
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		<category><![CDATA[Jordan]]></category>
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		<guid isPermaLink="false">https://internationalfinance.com/?p=56748</guid>

					<description><![CDATA[<p>Total exports dropped by 20.5% to 4.502 billion dinars from 5.66 billion dinars in the Q1 2025. Imports declined as well, falling 12.3% to 2.734 billion dinars</p>
<p>The post <a href="https://internationalfinance.com/trading/kuwaits-q1-2026-trade-exchange-falls-to-7-2-billion-dinars-says-government-data/">Kuwait’s Q1 2026 trade exchange falls to 7.2 billion dinars, says government data</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Kuwait’s trade surplus fell by 30.6% in the Q1 of 2026 to 1.768 billion dinars, compared with 2.54 billion dinars during the same period in 2025, with both exports and imports declining amid lower trade activity, said the latest data released by the Gulf country&#8217;s Central Statistical Bureau.</p>
<p>As per the data, total exports dropped by 20.5% to 4.502 billion dinars from 5.66 billion dinars in the first quarter of 2025. Imports declined as well, falling 12.3% to 2.734 billion dinars from 3.11 billion dinars a year earlier. Due to this, Kuwait’s total trade exchange contracted by 17.6% to 7.236 billion dinars during Q1 2026, down from 8.77 billion dinars in the corresponding quarter of last year.</p>
<p>&#8220;The slowdown continued in March, when the monthly trade surplus declined by 29.2% year-on-year to 610.6 million dinars, compared with 862.8 million dinars in March 2025. Exports during the month fell 37.8% to 1.181 billion dinars, while imports dropped 45% to 570.6 million dinars,&#8221; noted the Central Statistical Bureau.</p>
<p>Oil and petroleum product exports accounted for the Gulf country&#8217;s majority of overseas sales, reaching approximately 1.09 billion dinars in March 2026, down from 1.7 billion dinars in the same month in 2025.</p>
<p>&#8220;Non-oil exports totalled 42.5 million dinars, while re-exports reached 44 million dinars,&#8221; the Central Statistical Bureau added further.</p>
<p>As per the bureau, Saudi Arabia remained the leading destination for Kuwait’s non-oil exports in March, with the Kingdom importing goods worth 26.5 million dinars. The United Arab Emirates (UAE) came second at 17.1 million dinars, followed by Jordan (at 7.5 million dinars), India (at 7.47 million dinars) and Iraq (at 5.24 million dinars).</p>
<p>&#8220;On the import side, China retained its position as Kuwait’s largest trading partner, with imports valued at 105.3 million dinars during March. Saudi Arabia followed with imports worth 95.8 million dinars, ahead of the UAE at 64.1 million dinars and Japan at 31.2 million dinars,&#8221; the agency remarked.</p>
<p>Trade with Gulf Cooperation Council (GCC) countries also weakened during March 2026. Kuwaiti exports to GCC markets declined by 35.1% to 49.4 million dinars compared with 76.2 million dinars in March 2025. Still, Gulf markets accounted for 4.2% of Kuwait’s total exports, slightly higher than the 4% share recorded a year earlier.</p>
<p>The post <a href="https://internationalfinance.com/trading/kuwaits-q1-2026-trade-exchange-falls-to-7-2-billion-dinars-says-government-data/">Kuwait’s Q1 2026 trade exchange falls to 7.2 billion dinars, says government data</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Boursa Kuwait gets nod to launch bonds, sukuk platform</title>
		<link>https://internationalfinance.com/markets/boursa-kuwait-gets-nod-launch-bonds-sukuk-platform/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=boursa-kuwait-gets-nod-launch-bonds-sukuk-platform</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Tue, 07 Apr 2026 00:02:41 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Markets]]></category>
		<category><![CDATA[bonds]]></category>
		<category><![CDATA[Boursa Kuwait]]></category>
		<category><![CDATA[Capital Markets Authority]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[Mohammad Saud Al Osaimi]]></category>
		<category><![CDATA[stock exchange]]></category>
		<category><![CDATA[Sukuk]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=55462</guid>

					<description><![CDATA[<p>Boursa Kuwait's new framework will govern the listing of both domestic and foreign issuances, setting out ongoing obligations for issuers and obligors throughout the listing period</p>
<p>The post <a href="https://internationalfinance.com/markets/boursa-kuwait-gets-nod-launch-bonds-sukuk-platform/">Boursa Kuwait gets nod to launch bonds, sukuk platform</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Boursa Kuwait, the country&#8217;s stock exchange, has obtained crucial approval from the Capital Markets Authority (CMA) for its proposed rule amendments, alongside the issuance of Resolution 38, which establishes a comprehensive regulatory and legislative framework for bonds and sukuk.</p>
<p>The entity has also issued Resolution No. 1 of 2026, amending its rulebook to incorporate provisions specific to <a href="https://internationalfinance.com/energy/the-arab-energy-fund-delivers-record-net-income-issue-panda-bonds-in-china/"><strong>bonds</strong></a> and <a href="https://internationalfinance.com/islamic-banking/fitch-sees-varying-effects-sukuk-gulf-debt-market-liquidity/"><strong>sukuk</strong></a>, in addition to completing an integrated suite of operational and technical measures, including the introduction of a dedicated trading board for bonds and sukuk that is separate from equities.</p>
<p>&#8220;Trading sessions and price limits were structured to reflect the distinct nature of these instruments, differing from conventional equity trading mechanisms. Together, these measures represent a significant addition to the Kuwaiti capital market and constitute a pivotal step toward developing its investment environment and diversifying its instruments in line with international best practices,&#8221; said Boursa Kuwait.</p>
<p>&#8220;We are pleased to announce the completion of full operational and technical readiness for this phase, as system tests conducted by Boursa Kuwait and the capital market apparatus delivered successful results, confirming the trading infrastructure’s readiness. Boursa Kuwait is now fully equipped to receive listing applications and operate the bonds and sukuk trading platform, with instruments to be listed upon meeting the applicable regulatory requirements,&#8221; remarked the exchange&#8217;s CEO Mohammad Saud Al Osaimi.</p>
<p>Noting that investor confidence in Kuwait’s capital market is a trust the exchange is committed to upholding, Al Osaimi added, &#8220;What sets this phase apart is the introduction of new investment instruments at a time when the region is facing exceptional geopolitical challenges. This reflects the depth of investor confidence in Kuwait&#8217;s national economy and its capital market, underscoring the apparatus’s commitment to continued development despite these conditions.&#8221;</p>
<p>&#8220;We would also like to reassure all market participants that trading systems are operating at full efficiency, and that Boursa Kuwait is distinguished by a robust operational infrastructure that provides investors with the tools and environment needed to manage their portfolios with confidence,&#8221; he continued.</p>
<p>Resolution 38 establishes a comprehensive regulatory framework, covering the full lifecycle of bonds and sukuk in the Kuwaiti capital market, from listing and daily trading through to early redemption or maturity.</p>
<p>The new framework will further govern the listing of both domestic and foreign issuances, setting out ongoing obligations for issuers and obligors throughout the listing period and defining procedures for delisting and withdrawal, including mechanisms for the treatment of these instruments in relation to their exclusion from market indices.</p>
<p>The resolution&#8217;s regulatory amendments also align with five clear strategic objectives that reflect the long-term direction for the Kuwaiti capital market.</p>
<p>&#8220;These include aligning the Kuwaiti capital market’s regulatory framework with standards recognised in global capital markets, establishing a clear and structured approach to listing and trading that provides legal certainty for all stakeholders, and enhancing market liquidity through the introduction of a new class of tradable instruments. The amendments also aim to strengthen disclosure standards and transparency in a manner that serves investors’ interests and reinforces their confidence, while supporting greater diversification of investment instruments in the Kuwaiti market and reducing reliance on equities as the primary investment vehicle,&#8221; Boursa Kuwait added.</p>
<p>&#8220;For the first time ever, Kuwaiti and foreign companies can finance their operations and projects through the issuance of listed bonds or sukuk on Boursa Kuwait, benefiting from clear and viable financing advantages. The instruments allow issuers to secure funding at competitive costs compared to traditional bank borrowing and access a broader and more diversified investor base beyond conventional lenders,&#8221; it remarked.</p>
<p>Under the new framework, companies seeking listing in Boursa Kuwait must meet conditions designed to safeguard investor interests. These include obtaining a credit rating from a recognized rating agency, adhering to a minimum issuance value of no less than KD100,000 (USD 322,860) or its equivalent in foreign currencies, ensuring free tradability without restrictions and establishing a body to represent and protect the interests of bond or sukuk holders.</p>
<p>&#8220;Additionally, sukuk issuances must comply with the principles and rules of sharia,&#8221; Boursa Kuwait concluded.</p>
<p>The post <a href="https://internationalfinance.com/markets/boursa-kuwait-gets-nod-launch-bonds-sukuk-platform/">Boursa Kuwait gets nod to launch bonds, sukuk platform</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Islamic banking in Africa: Gulf actors follow different paths</title>
		<link>https://internationalfinance.com/islamic-banking/islamic-banking-africa-gulf-actors-follow-different-paths/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=islamic-banking-africa-gulf-actors-follow-different-paths</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Thu, 19 Mar 2026 04:05:06 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Islamic Banking]]></category>
		<category><![CDATA[Africa]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[EGYPT]]></category>
		<category><![CDATA[financing]]></category>
		<category><![CDATA[Gulf]]></category>
		<category><![CDATA[Islamic banking]]></category>
		<category><![CDATA[Islamic Finance]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[Trade]]></category>
		<category><![CDATA[transactions]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=55220</guid>

					<description><![CDATA[<p>Discussing Islamic banking's growth in Africa, Saudi Arabia is also playing an important role</p>
<p>The post <a href="https://internationalfinance.com/islamic-banking/islamic-banking-africa-gulf-actors-follow-different-paths/">Islamic banking in Africa: Gulf actors follow different paths</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Backed by Gulf-based financial actors, Islamic finance is gaining ground in Africa. Commercial banks embedded in local economies and development institutions focused on sovereign borrowers and public policy are ruling the roost.</p>
<p>Commercial Islamic banks operate as normal market-based financial institutions. However, their operational framework, compliant with Sharia principles, sets these entities apart from the non-Islamic segment. These values prohibit the interest payment, also known as riba, and outlaw purely speculative transactions.</p>
<p>Besides these contractual obligations, Islamic banks finance the same needs (<a href="https://internationalfinance.com/magazine/bdb-elevates-bahrains-smes-economic-growth/"><strong>SMEs</strong></a>, trade, housing, equipment and imports) as their conventional counterparts. Financing gets structured around contracts anchored in the real economy, such as Murabaha (cost-plus financing that avoids interest-based lending), Ijara (leasing arrangement), or Musharaka (risk- and profit-sharing partnership).</p>
<p>Also, <a href="https://internationalfinance.com/islamic-banking/mobilink-bank-launches-islamic-banking-subsidiary-in-pakistan/"><strong>Islamic banking</strong></a> is gaining prominence in Africa. UAE-based Dubai Islamic Bank (DIB) made the first move in 2022. Through its subsidiary &#8220;DIB Bank Kenya,&#8221; the venture announced the opening of a branch in Nairobi’s business district to strengthen SME financing and facilitate trade flows between Kenya and the UAE. DIB&#8217;s strategy has been to capitalize on the East African country&#8217;s growing economic hubs.</p>
<p>In Egypt, Abu Dhabi Islamic Bank (ADIB) has taken a different approach, by consolidating its longer-established and deeply rooted presence further. ADIB&#8217;s growing prominence in Egypt also makes the North African major a key entry point for other Gulf-based commercial Islamic financial entities, which combine elements such as retail banking, corporate financing and capital market operations in their product offerings.</p>
<p>However, alongside the expansion of Gulf banks, there is also evidence of a less obvious but equally significant phenomenon: the development of African players to dominate the sharia-compliant market while using the Gulf as a springboard to raise their profile.</p>
<p>Nyla Bank, a Ghanaian fintech described as a pan-African digital Islamic bank project, was selected as a semi-finalist in the Milken Motsepe Prize in FinTech in 2024 and is set to make a presentation at the Middle East and Africa summit organised by the Milken Institute in Abu Dhabi. This, therefore, also suggests that the sector&#8217;s development is being driven by African players with ties to the Gulf.</p>
<p>Apart from physical networks, some transactions evidence the increasing incorporation of commercial Islamic banks into African financing circuits, especially regarding syndicated murabaha operations and capital markets interventions. The aforementioned operations evidence a gradual, though targeted, level of integration into African economies. The commercial dimension is complemented by the second pillar of Islamic finance in Africa: development institutions.</p>
<p>Discussing Islamic banking&#8217;s growth in Africa, Saudi Arabia is also playing an important role. Jeddah-based Islamic Development Bank has now emerged as a dominant force for multilateral Islamic financing on the continent. Its operations focus on public projects, trade finance and risk mitigation, going well beyond traditional banking activities.</p>
<p>Meanwhile, Kuwait has largely concentrated its Islamic banking activities in North Africa, with Egypt emerging as the primary hub. Kuwait Finance House also enhanced its presence in 2025 by changing the name of Ahli United Bank Egypt to &#8220;KFH Egypt.&#8221; KFH Egypt is an entity that is fully sharia-compliant and has a considerable branch network. This is in addition to capital markets; an example is the issuance of sovereign sukuk with the involvement of KFH.</p>
<p>The post <a href="https://internationalfinance.com/islamic-banking/islamic-banking-africa-gulf-actors-follow-different-paths/">Islamic banking in Africa: Gulf actors follow different paths</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Abu Dhabi Ports signs deal to develop, operate Kuwait’s Shuaiba container terminal</title>
		<link>https://internationalfinance.com/ports-and-shipping/abu-dhabi-ports-signs-deal-to-develop-operate-kuwaits-shuaiba-container-terminal/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=abu-dhabi-ports-signs-deal-to-develop-operate-kuwaits-shuaiba-container-terminal</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Tue, 30 Dec 2025 16:26:29 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Ports and Shipping]]></category>
		<category><![CDATA[AD Ports Group]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[logistics]]></category>
		<category><![CDATA[Shuaiba Port]]></category>
		<category><![CDATA[Trade]]></category>
		<category><![CDATA[Transport]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54320</guid>

					<description><![CDATA[<p> The MoU was signed by Sheikh Khaled Salem Al Sabah, Director-General of the Kuwait Ports Authority, and Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group</p>
<p>The post <a href="https://internationalfinance.com/ports-and-shipping/abu-dhabi-ports-signs-deal-to-develop-operate-kuwaits-shuaiba-container-terminal/">Abu Dhabi Ports signs deal to develop, operate Kuwait’s Shuaiba container terminal</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, recently signed a Memorandum of Understanding (MoU) with the Kuwait Ports Authority (KPA), the principal developer and operator of commercial ports and logistics zones, to explore the development and operation of container operations at Shuaiba Port.</p>
<p>The MoU signing, held in Kuwait City, was witnessed by Dr. Noura Al Mashaan, Minister of Public Works of the State of Kuwait, and Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade.</p>
<p>The MoU was signed by Sheikh Khaled Salem Al Sabah, Director-General of the Kuwait Ports Authority, and Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group.</p>
<p>AD Ports Group will prepare the technical, environmental, and financial feasibility studies, in accordance with internationally recognised specifications and standards agreed by both parties, apart from identifying the project&#8217;s infrastructure requirements. Supporting this collaboration, the Kuwait Ports Authority, on its part, will designate the project site at Shuaiba Port, and collaborate with AD Ports Group in completing the required studies, as well as facilitate the obtention of all necessary licences and approvals from relevant authorities.</p>
<p>Sheikh Khaled Salem Al Sabah, Director-General of the Kuwait Ports Authority, said, &#8220;This agreement reflects the Kuwait Ports Authority’s commitment to strengthening cooperation with AD Ports Group in the maritime transport and ports sector, and to promoting joint investment and economic collaboration based on mutual interests and shared benefits. We are pleased to work with AD Ports Group, a leading global enabler of trade, industry and logistics, on the development of Shuaiba Port, as well as the operation of the container terminal and its quays. We are confident that this collaboration will enhance the port’s capabilities and strengthen its role in supporting maritime trade and transport in the State of Kuwait.&#8221;</p>
<p>Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, noted, &#8220;Our cooperation with the <a href="https://internationalfinance.com/transport/if-insights-kuwait-accelerates-infrastructure-modernisation/" target="_blank">Kuwait</a> Ports Authority, represents an extension of the strong partnership between AD Ports Group and leading institutions in the State of Kuwait. This collaboration aligns with the vision of our wise leadership in the UAE, aimed towards sharing our expertise and best practices with our partners across the GCC. As a leading provider of integrated trade and logistics solutions and a global developer of ports, terminals and related infrastructure, AD Ports Group would leverage its extensive experience to ensure the success of this project.&#8221;</p>
<p>The post <a href="https://internationalfinance.com/ports-and-shipping/abu-dhabi-ports-signs-deal-to-develop-operate-kuwaits-shuaiba-container-terminal/">Abu Dhabi Ports signs deal to develop, operate Kuwait’s Shuaiba container terminal</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>ACWA Power increases footprint in Gulf</title>
		<link>https://internationalfinance.com/energy/acwa-power-increases-footprint-gulf/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=acwa-power-increases-footprint-gulf</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Fri, 19 Dec 2025 11:24:52 +0000</pubDate>
				<category><![CDATA[Energy]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[ACWA Power]]></category>
		<category><![CDATA[Bahrain]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[Saudi Arabia]]></category>
		<category><![CDATA[Solar power]]></category>
		<category><![CDATA[Water Desalination Assets]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54225</guid>

					<description><![CDATA[<p>The acquisition follows an agreement signed between ACWA Power and Kahrabel FZE, a subsidiary of ENGIE, to acquire power and water assets in Kuwait and Bahrain for USD 693 million</p>
<p>The post <a href="https://internationalfinance.com/energy/acwa-power-increases-footprint-gulf/">ACWA Power increases footprint in Gulf</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Saudi Arabia-based utility giant ACWA Power, recognised as the world’s largest private water desalination company, an energy transition leader, and a first mover in the green hydrogen domain, has completed the strategic acquisition of power generation and water desalination assets in <a href="https://internationalfinance.com/magazine/bdb-elevates-bahrains-smes-economic-growth/"><strong>Bahrain</strong></a> and Kuwait from a subsidiary of French venture ENGIE SA.</p>
<p>In a statement given to the Tadawul (Saudi Stock Exchange), the company announced that it has acquired gas-fired power generation assets with a capacity of 4.6 gigawatts, along with the water desalination assets with a capacity of 1.1 million cubic meters per day, related operations and maintenance companies from a subsidiary of the French-based entity.</p>
<p>&#8220;The acquisition follows an agreement signed between ACWA Power and Kahrabel FZE, a subsidiary of ENGIE, to acquire power and water assets in Kuwait and Bahrain for USD 693 million. The deal includes a 45% interest in both the Al-Ezzel and Al-Dur projects as well as a 30% holding in the Al-Hidd facility, all situated in Bahrain,&#8221; reported Arab News.</p>
<p>The arrangement also covers ENGIE’s interests in gas-fired power generation and water desalination assets in Bahrain. The <a href="https://internationalfinance.com/transport/if-insights-kuwait-accelerates-infrastructure-modernisation/"><strong>Kuwait</strong></a> assets, which form part of the broader transaction perimeter, will be transferred following the completion of customary technical conditions. The Kuwait portfolio includes a 17.5% equity stake in Az Zour North IWPP (Independent Water and Power Plant/Project) as well as 50% ownership in Az Zour North Operations &#038; Maintenance Co.</p>
<p>Marco Arcelli, ACWA Power&#8217;s CEO, commented, &#8220;The completion of the Bahrain-related phase of this larger acquisition marks a pivotal milestone for ACWA Power. It reinforces our position as a global leader in water desalination, significantly extends our footprint in the regional power generation market, and consolidates our presence in the attractive and dynamic Bahrain market, with Kuwait to follow. These fully operational assets, underpinned by secured offtake contracts, strengthen our financial position and enable us to continue providing safe and reliable power and water to local communities and industries across the region.&#8221;</p>
<p>“As for Kuwait assets, a few customary technical conditions are remaining, following which the transaction will be finalised,” the company added.</p>
<p>In December 2025, ACWA Power signed an agreement with Bahrain-based Bapco Energies to develop a solar power plant with a large-scale battery energy storage system in the Eastern Province of Saudi Arabia. Under the deal, both parties will work together to jointly develop a solar power plant with a projected generation capacity of up to 2.8GW over various phases. These acquisitions are seen as cornerstones of ACWA Power, fulfilling its broader objective of reaching USD 250 billion in assets under management by 2030.</p>
<p>The post <a href="https://internationalfinance.com/energy/acwa-power-increases-footprint-gulf/">ACWA Power increases footprint in Gulf</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>IF Insights: Kuwait accelerates infrastructure modernisation</title>
		<link>https://internationalfinance.com/transport/if-insights-kuwait-accelerates-infrastructure-modernisation/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=if-insights-kuwait-accelerates-infrastructure-modernisation</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Thu, 18 Dec 2025 13:47:16 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Transport]]></category>
		<category><![CDATA[airport]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[Roads]]></category>
		<category><![CDATA[Traffic]]></category>
		<category><![CDATA[Wastewater]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=54222</guid>

					<description><![CDATA[<p>Engineer Ahmad Al-Saleh also reviewed developments on the Gulf Railway project, connecting Kuwait with GCC countries, which includes a high-speed rail link to Riyadh</p>
<p>The post <a href="https://internationalfinance.com/transport/if-insights-kuwait-accelerates-infrastructure-modernisation/">IF Insights: Kuwait accelerates infrastructure modernisation</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Kuwait’s Ministry of Public Works announced a wide range of completed and future infrastructure projects, with significant advances in road maintenance, transport networks, governance, and digital transformation, according to a detailed briefing at the Government Communication Centre, which was attended by the ministry’s official spokesperson, Engineer Ahmad Al-Saleh.</p>
<p>Al-Saleh revealed that the ministry had carried out comprehensive maintenance contracts comprising 9.5 million square metres of asphalt on internal roads within all governorates and 5.5 million square metres on highways, under 12 internal road maintenance contracts and six highway contracts.</p>
<p>The official further explained that the ministry is acting on a &#8220;clear and well-thought-out plan&#8221; that is being carried out in close coordination with the Ministry of Interior to ensure traffic flow during implementation of these projects, and that &#8220;the voice of the citizen is heard,&#8221; emphasising the ministry&#8217;s responsiveness to the public and solving problems.</p>
<p>“Al-Saleh also reviewed developments on the Gulf Railway project, connecting <a href="https://internationalfinance.com/real-estate/if-insights-kuwait-property-deals-hit-usd-million-mark-one-week/"><strong>Kuwait</strong></a> with <a href="https://internationalfinance.com/markets/gcc-debt-capital-market-surges-usd-trillion-fitch/"><strong>GCC</strong></a> countries, which includes a high-speed rail link to Riyadh. The project will cover 111 kilometres from the Nuwaiseeb border crossing to the Shaddadiyah area, where a two-million-square-metre main station has been reserved, and the final design is expected from the consultant in January, with implementation expected to be completed between December 2028 and 2030,” reported the Arab Times.</p>
<p>As per Al-Saleh, the contract for the Mubarak Al-Kabeer Port is expected to be signed in December 2025 as part of a memorandum of understanding with China, while significant progress has been made on the new Kuwait International Airport project, with state-of-the art passenger terminal, parking facilities, road network, and service structures are all set to make the airport a regional transport landmark.</p>
<p>The official also mentioned recent milestones, including the opening of the Darwazat Al-Abdulrazzaq intersection and the Avenues Bridge, as well as the near-completion of major phases of the Damascus Street development, South Surra roads, and the Sabah Al-Nasser Bridge, all of which will alleviate traffic congestion.</p>
<p>Discussing wastewater infrastructure, Al-Saleh talked at great length about the Umm Al-Hayman wastewater treatment plant, which was carried out as a public-private partnership, and currently produces 500,000 cubic metres of advanced treated water for agricultural and landscaping use in central and southern regions. The development of the Kabd North wastewater treatment plant is also underway to support the northern wastewater system and expand the treated water used for afforestation.</p>
<p>The official highlighted Kuwait’s efforts to maintain high standards, such as modernising the road laboratories, enhancing the government testing and quality-control centre, and using new technologies for inspecting roadworks, to ensure that they comply with specifications.</p>
<p>He also highlighted governance achievements, such as the adoption of the Corporate Governance Guide, participation in the “Performance” project with the National Anti-Corruption Commission (Nazaha), and the development of a Code of Conduct to promote integrity and accountability.</p>
<p>Talking about the progress in Kuwait’s digital transformation efforts, Al-Saleh mentioned the launch of new e-services via the &#8220;Sahel&#8221; application, along with the implementation of a unified GIS system to monitor road and maintenance projects with very high accuracy.</p>
<p>“Maintenance contracts have become 100% Kuwaitized, providing job security for Kuwaiti engineers and technicians and expanding training programmes for operating wastewater facilities,” he concluded.</p>
<p>The post <a href="https://internationalfinance.com/transport/if-insights-kuwait-accelerates-infrastructure-modernisation/">IF Insights: Kuwait accelerates infrastructure modernisation</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>IF Insights: Kuwait property deals hit USD 334.58 million mark in one week</title>
		<link>https://internationalfinance.com/real-estate/if-insights-kuwait-property-deals-hit-usd-million-mark-one-week/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=if-insights-kuwait-property-deals-hit-usd-million-mark-one-week</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Thu, 27 Nov 2025 13:07:12 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Ahmadi Governorate]]></category>
		<category><![CDATA[Hawally Governorate]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[Jahra Governorate]]></category>
		<category><![CDATA[Kuwait]]></category>
		<category><![CDATA[real estate]]></category>
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					<description><![CDATA[<p>Kuwait's investment sector recorded 46 transactions valued at KD41.5 million, indicating a trend among investors towards shifting to income-generating properties</p>
<p>The post <a href="https://internationalfinance.com/real-estate/if-insights-kuwait-property-deals-hit-usd-million-mark-one-week/">IF Insights: Kuwait property deals hit USD 334.58 million mark in one week</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The Kuwaiti <a href="https://internationalfinance.com/real-estate/saudi-arabias-real-estate-transactions-hit-usd-billion-loans-hit-usd-billion-mark/"><strong>real estate</strong></a> market witnessed remarkable activity during the third week of November, with the total transaction value reaching KD102.8 million for 167 property-related deals.</p>
<p>&#8220;Residential, investment, commercial and coastal strip real estate transactions were concentrated in the residential, investment and commercial sectors, while other real estate sectors were absent,&#8221; stated Arab Times in its report.</p>
<p>Data from the Real Estate Registration and Documentation Departments at the <a href="https://internationalfinance.com/real-estate/kuwaits-mabanee-upsizes-financing-avenues-riyadh-project/"><strong>Kuwait&#8217;s</strong></a> Ministry of Justice, which covered the period from November 16-20, showed that the private sector accounted for the lion’s share of transactions, 70% of the total deals, with 118 transactions valued at KD50 million. This reflected the continuous demand for private housing in various parts of the emirate, driven by the impending implementation of the law restricting the monopolisation of vacant land, along with other factors like the recent increase in the supply of available land.</p>
<p>The investment sector recorded 46 transactions valued at KD41.5 million, indicating a trend among investors towards shifting to income-generating properties, given the relative stability of capital returns and bank interest rates.</p>
<p>The commercial sector had only two transactions with a total value of KD11.3 million, while the coastal strip segment witnessed one big transaction of KD20 million, demonstrating the sustained attractiveness of this sector despite its limited activity. On geographical distribution, Hawally Governorate ranked first in terms of securing property transaction value, recording 50 transactions worth KD38 million, while Ahmadi Governorate came in second with total transactions amounting to KD23 million due to large-scale deals in residential expansion areas.</p>
<p>They were followed by Jahra Governorate in third place, with 19 transactions worth KD6 million. Capital Governorate took the fourth position with 18 transactions worth KD21.4 million owing to prime locations and prices in the capital. Farwaniyah Governorate also recorded 18 transactions worth KD8.2 million, while Mubarak Al-Kabeer Governorate came last with 16 transactions worth KD6.4 million.</p>
<p>The post <a href="https://internationalfinance.com/real-estate/if-insights-kuwait-property-deals-hit-usd-million-mark-one-week/">IF Insights: Kuwait property deals hit USD 334.58 million mark in one week</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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