Banking and Finance FeaturedSeven 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
Featured TechnologyUAE 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 Finance FeaturedThe 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
Featured Oil & 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
Featured TelecomZain 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
Banking FeaturedAhli 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
Featured Oil & GasKuwait backs OPEC+ plan to increase oil outputIFM CorrespondentNovember 1, 2021 by IFM CorrespondentNovember 1, 2021 OPEC+ announced a monthly increase of 400,000 barrels to ensure the oil supply balance in the global market... Read more
Banking FeaturedTreasury Department a major contributor to Ahli United Bank Kuwait’s profitabilityWebAdminSeptember 6, 2021September 6, 2021 by WebAdminSeptember 6, 2021September 6, 2021 Digital platforms and automation of processes were the main focus in Treasury from front to back and end-user... Read more
Banking FeaturedKuwait banking sector releases financial reports for Q1WebAdminMay 24, 2021May 24, 2021 by WebAdminMay 24, 2021May 24, 2021 The banking sector has been able to overcome the effects of Covid-19 because of the 43 measures taken by the Central bank of Kuwait... Read more
Economy Feature MagazineGCC establish economic diversification amid Covid-19WebAdminMarch 31, 2021April 8, 2021 by WebAdminMarch 31, 2021April 8, 2021 Oil and gas production continues to represent over 40 percent of GDP in most of the economies... Read more