EconomyFeaturedReal Estate to Metaverse: 8 sectors to invest in Middle EastWebAdminOctober 27, 2022 by WebAdminOctober 27, 2022 One of the main forces behind the Middle East economy is its infrastructure... Read more
Banking and FinanceFeaturedAUB wins ‘Best Bank for Human Resources Initiatives Award in Kuwait’ 2022WebAdminOctober 11, 2022 by WebAdminOctober 11, 2022 Ahli United Bank won the award for the outstanding accomplishments it made in the field of human resources... Read more
EconomyFeaturedRemittances from expats in Kuwait witness a huge jump after COVID eraWebAdminSeptember 14, 2022September 13, 2022 by WebAdminSeptember 14, 2022September 13, 2022 Remittances from Kuwait totalled roughly 3.54 billion dinars in 2011, a year with intense political events in many countries... Read more
FeaturedTradingBritain-Russia trade war escalatesWebAdminSeptember 13, 2022September 15, 2022 by WebAdminSeptember 13, 2022September 15, 2022 Following the invasion of Ukraine, imports of Russian commodities, notably vodka, have also completely disappeared... Read more
Banking and FinanceFeaturedSeven banks in Kuwait make it to the prestigious listWebAdminSeptember 12, 2022September 12, 2022 by WebAdminSeptember 12, 2022September 12, 2022 Kuwait ranked fourth in terms of the number of banks that entered the list of the largest 1000 banks in the world... Read more
FeaturedTechnologyUAE tops the list for 5G download speed in GCCWebAdminSeptember 7, 2022September 7, 2022 by WebAdminSeptember 7, 2022September 7, 2022 UAE tops the list for 5G download speed, but Kuwait takes the cake for 5G video experience, scoring 72.4 out of 100... Read more
Banking and FinanceFeaturedThe rebound of Kuwait forex reservesWebAdminSeptember 5, 2022 by WebAdminSeptember 5, 2022 Kuwait's gold reserves, which the World Gold Reserve Council estimates to be around 79 tonnes, have remained constant as in all previous years... Read more
FeaturedOil & GasKuwait oil revenues reach $38.10 bn in 2021IFM CorrespondentJanuary 18, 2022 by IFM CorrespondentJanuary 18, 2022 The gulf OPEC member recorded a budget deficit of Dh682.4 mn in the first nine months of the fiscal year... Read more
FeaturedTelecomZain to sell over 2600 towers in Jordan to TASC Towers for $88 mnIFM CorrespondentDecember 16, 2021December 16, 2021 by IFM CorrespondentDecember 16, 2021December 16, 2021 The telco announced a 15-year agreement to sell and leaseback the passive physical infrastructure of its towers... Read more
BankingFeaturedAhli United Bank’s highly competent IT team earns recognitionWebAdminDecember 13, 2021 by WebAdminDecember 13, 2021 AUB wins the ‘Best Business IT Innovation Award-Kuwait 2021’ for the second time... Read more