Banks in Kuwait: Overview of the Kuwait Banking Sector
In 2012, the Kuwait banks are cleaning up their balance sheets as a response to the consequences of the financial crisis of 2008/09 that is most likely going to continue throughout 2012.
List of all articles filed under “kuwait-top-stories” category.
In 2012, the Kuwait banks are cleaning up their balance sheets as a response to the consequences of the financial crisis of 2008/09 that is most likely going to continue throughout 2012.
Fighting Diabetes is one of the biggest challenges the Gulf healthcare sector has to deal with. The Dasman Diabetes Institute aims to prevent and to mitigate the impact of diabetes in Kuwait.
According to the independent rating agency, Capital Standards, “There are a total of 100 investment companies operating in Kuwait, with 54 operating within the confines of the Islamic Sharia provisions and the rest operating as conventional investment companies.”
As a holiday destination, the norther Gulf state does not make it into dinner conversation about hot-spots like Egypt and Jordan, or “Fly-Buy-Dubai.” Only at a second glance, does Kuwait offer a variety of urban life, Arab culture, desert tourism, and maritime sports.
Few listed stocks in the Gulf have performed since the start of 2012 as well as AREF Energy Holding. The Kuwaiti firm invests in the oil and gas industry only in line with Islamic law (Shari’ah). Marcopolis looks behind the scenes of this exceptional energy company.
The Kuwait Fund for Arab Economic Development, known as the Kuwait Fund, celebrated recently its 50th anniversary. But according to its General Director Abdulwahab Al-Bader, the Fund’s journey in helping the most in need is far from over.
Kuwait’s national budget relies 95 percent on oil revenues, but the public and the private sector join forces to push for more diversification.
Slightly, but not seriously hit by the Arab Spring, Kuwait has managed to prove again that it is able to tackle challenges, despite remaining headwinds.
Background: Britain oversaw foreign relations and defense for the ruling Kuwaiti AL-SABAH dynasty from 1899 until independence in 1961. Kuwait was attacked and overrun by …
The Middle East Aviation and Kuwait aviation sector, is different because it is fueled by oil and government spending. If you look at the per capita figures in the Middle East, you will see some of the highest rates in the world and people often spend money on Kuwait travel and tourism. Therefore, the Kuwait aviation sector performs very well.