FeaturedOil & 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
BankingFeaturedTreasury 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
BankingFeaturedKuwait 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
EconomyFeatureMagazineGCC 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
AviationFeaturedJazeera Airlines to launch a new route to Addis AbabaPritam BordoloiMarch 18, 2021 by Pritam BordoloiMarch 18, 2021 This will be Jazeera Airlines’ second new service this year... Read more
EconomyFeaturedKuwait sees $39.9 bn budget deficit for new fiscal yearInternational Finance Business DeskFebruary 1, 2021 by International Finance Business DeskFebruary 1, 2021 The Kuwaiti economy expects state revenues of KD10.9 billion in the new fiscal year... Read more
BankingFeaturedAhli United Bank: A prominent community-based role in 2020International Finance Business DeskJanuary 27, 2021 by International Finance Business DeskJanuary 27, 2021 The bank has has continued its efforts in supporting the community through its unique corporate social responsibility programme... Read more
AviationFeaturedKuwait bans UK flights after new virus strain foundInternational Finance Business DeskDecember 21, 2020December 21, 2020 by International Finance Business DeskDecember 21, 2020December 21, 2020 Kuwait’s civil aviation authority has added the UK to its high-risk list of countries... Read more
EconomyFeatureMagazineWill Kuwait push through the debt law?WebAdminDecember 15, 2020December 23, 2020 by WebAdminDecember 15, 2020December 23, 2020 If the Arab state overcomes the legislative gridlock—there still might be hope to access foreign debt markets and preserve its sovereign wealth assets... Read more
BankingFeaturedThe profound work of a top bank in structured financeInternational Finance Business DeskDecember 11, 2020December 11, 2020 by International Finance Business DeskDecember 11, 2020December 11, 2020 Al Ahli Bank of Kuwait has established a special unit to support clients who seek to successfully bid for prestigious projects... Read more