FeaturedOil & GasKuwait Oil Company set to award $754 mn contractsPritam BordoloiDecember 7, 2020December 7, 2020 by Pritam BordoloiDecember 7, 2020December 7, 2020 The contracts are part of KOC’s efforts to expand its drilling, exploration and development operations... Read more
EconomyFeaturedGCC nations to face the worst economic crisis in history, warns IIFPritam BordoloiJune 2, 2020 by Pritam BordoloiJune 2, 2020 GDP of GCC nations to contract 4.4% this year... Read more
BankingFeaturedGulf central banks cut rates to tackle slowdown caused by Covid-19Pritam BordoloiMarch 17, 2020March 18, 2020 by Pritam BordoloiMarch 17, 2020March 18, 2020 The Fed recently slashed its interest rates to nearly zero... Read more
FeaturedReal EstateKuwait’s real estate market grows to $12.04 bn in 2019Pritam BordoloiMarch 16, 2020March 16, 2020 by Pritam BordoloiMarch 16, 2020March 16, 2020 Number of real estate deals increased by 6.4% to 6765 last year... Read more
Islamic BankingMagazineAl Wateen: A unique digital factory in the Kuwait Islamic banking sectorInternational FinanceJanuary 13, 2020March 18, 2020 by International FinanceJanuary 13, 2020March 18, 2020 Kuwait’s Warba Bank is pioneering digital banking innovation in the Gulf countries with an in-house centre to develop exclusive digital products and services... Read more
Oil & GasSaudi, Kuwait joint Khafji field to produce 320,000 oil bpd by 2020 endInternational Finance DeskDecember 26, 2019January 24, 2020 by International Finance DeskDecember 26, 2019January 24, 2020 The Kingdom has signed a deal with Kuwait on resuming oil production... Read more
TelecomSaudi Telecom Company launches new brand across Middle EastPritam BordoloiDecember 20, 2019 by Pritam BordoloiDecember 20, 2019 The brand has been launched in Saudi Arabia, Bahrain, and Kuwait... Read more
MarketsMSCI Kuwait upgrade to boost ETFs and equitiesInternational Finance DeskDecember 20, 2019January 24, 2020 by International Finance DeskDecember 20, 2019January 24, 2020 The move is expected to generate billions of dollars of inflows into the Kuwait market... Read more
Oil & GasAbu Dhabi mulls over $1.5 bn Aramco investmentPritam BordoloiNovember 28, 2019 by Pritam BordoloiNovember 28, 2019 The investment will be made through Abu Dhabi’s state-owned entities... Read more
TelecomZain launches MENA’s first 5G roaming servicesPritam BordoloiNovember 26, 2019 by Pritam BordoloiNovember 26, 2019 The 5G roaming services are now available in Kuwait and Saudi Arabia... Read more