Marcopolis

Kuwait Report

Developed in conjunction with Ext-Joom.com

  Moody's Investors Service issued a report on Kuwait's banking system in which it indicated that the outlook on the sector remains "stable", unchanged since 2011.   Continue
Ben Novak
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Tourism
Economy
Banking
Investments
July 23, 2021 |
Sandra Francisco
Porter Express is a courier and fulfillment service provider in Kuwait. It offers technologically advanced courier and fulfillment solutions to SMEs and corporations allowing them to focus on what Continue
April 04, 2018 |
Dominika Bzduchova
Commercial Bank of Kuwait announced the launch of the 2018 revamped prize scheme of Al-Najma Account by adding several benefits to the prizes of Al-Najma Account which now provides its customers the Continue
November 07, 2017 |
Dominika Bzduchova
All customers who successfully apply for a CBK British Airways card between 1st of November and 31st of December 2017 will have the chance to double their welcome bonus Avios after spending a Continue
October 30, 2017 |
Scherzando Blaise Karasu
According to the new cooperation agreement, NBK will issue prepaid card holders to customers who have undertaken a loan from KFIC. Continue
October 26, 2017 |
Dominika Bzduchova
The latest of ACK's CSR efforts includes promoting breast cancer awareness throughout the month of October, the "Breast Cancer Awareness Month". Continue
October 09, 2017 |
Scherzando Blaise Karasu
Kuwait was upgraded by FTSE Russell to an emerging market status, which will become effective by September 2018. The upgrade could prompt cash inflows of approximately USD 700mn from foreign Continue
September 13, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets August 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI Index increased by 0.83%. Kuwait’s Weighted Index Continue
August 14, 2017 |
Dominika Bzduchova
School of Business students at the Australian College of Kuwait (ACK) gave an outstanding presentation to Al-Yaal Mall management, presenting their strategic marketing plans for small and Continue
July 11, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets June 2017 Review by Kuwait Finance and Investment Company (KFIC), MSCI decided to include Saudi Arabia on its watch-list for potential addition to Emerging Market Continue
June 07, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets May 2017 Review by Kuwait Finance and Investment Company (KFIC), Saudi Arabia signed billions of dollars of deals with US companies during President Donald Trump’s Continue
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May 31, 2017 |
Jacques Yétérian
The agreement will see Aegean Airlines begin direct flight service between Athens and Kuwait on the late evening of June 20th with a frequency of 2 flights per week. Continue
March 14, 2017 |
Jacques Yétérian
Al Kazemi Travel Agencies Co. W.L.L. (part of Al Kazemi Group) proudly becomes the exclusive agent of Azerbaijan Airlines in the State of Kuwait, establishing the first direct flight from Kuwait to Continue
June 29, 2012 |
Ben Novak
Why not combine leisure time with the pleasure of learning in an exciting environment? The Scientific Center of Kuwait (TSCK) makes it possible. Continue
June 21, 2012 |
Ben Novak
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 Continue
April 08, 2010 |
Ben Novak
The government, however, does not follow a wait-and-see attitude. In 2004 Kuwait embarked on a twenty year master tourism plan with the number one priority being to develop and improve domestic Continue
April 08, 2010 |
Ben Novak
The name Kuwait derives from Akwat, which means fortress near water. For the gulf countries it has never been easy to lure tourists away from the aforementioned pearls of the orient. Egypt has the Continue
October 30, 2017 |
Scherzando Blaise Karasu
According to the new cooperation agreement, NBK will issue prepaid card holders to customers who have undertaken a loan from KFIC. Continue
October 09, 2017 |
Scherzando Blaise Karasu
Kuwait was upgraded by FTSE Russell to an emerging market status, which will become effective by September 2018. The upgrade could prompt cash inflows of approximately USD 700mn from foreign Continue
September 13, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets August 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI Index increased by 0.83%. Kuwait’s Weighted Index Continue
July 11, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets June 2017 Review by Kuwait Finance and Investment Company (KFIC), MSCI decided to include Saudi Arabia on its watch-list for potential addition to Emerging Market Continue
June 07, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets May 2017 Review by Kuwait Finance and Investment Company (KFIC), Saudi Arabia signed billions of dollars of deals with US companies during President Donald Trump’s Continue
May 14, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets April 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI Index, fell by -1.2%. Abu Dhabi’s ADX General Continue
April 13, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets Quarterly Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI index, fell by -1.3% QTD in Q1 2017. Bahrain’s BB Continue
March 14, 2017 |
Scherzando Blaise Karasu
The Kuwaiti government’s education budget had grown relentlessly in recent years, allocating almost 10% of its annual budget to Kuwait’s education sector in 2016, as the leadership has continued Continue
March 08, 2017 |
Scherzando Blaise Karasu
So whilst the effects of declining oil revenues have been considerable, Kuwait, which boasts large fiscal reserves accumulated over the past few decades, has been able to stave off the precipitous Continue
June 29, 2012 |
Ben Novak
The Kuwaiti economy is over-dependent on oil and gas sector and lacks diversification in the non-oil sectors. Continue
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April 04, 2018 |
Dominika Bzduchova
Commercial Bank of Kuwait announced the launch of the 2018 revamped prize scheme of Al-Najma Account by adding several benefits to the prizes of Al-Najma Account which now provides its customers the Continue
November 07, 2017 |
Dominika Bzduchova
All customers who successfully apply for a CBK British Airways card between 1st of November and 31st of December 2017 will have the chance to double their welcome bonus Avios after spending a Continue
October 30, 2017 |
Scherzando Blaise Karasu
According to the new cooperation agreement, NBK will issue prepaid card holders to customers who have undertaken a loan from KFIC. Continue
July 17, 2013 |
Ben Novak
  Moody's Investors Service issued a report on Kuwait's banking system in which it indicated that the outlook on the sector remains "stable", unchanged since 2011. Continue
August 14, 2012 |
Ben Novak
The story of Gulf Bank can be classified as the "rags-to-riches-to-rags-and-back-to-riches-again" story. Why? Read about the inspiring success story of Gulf Bank. Continue
June 22, 2012 |
Ben Novak
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. Continue
June 22, 2012 |
Ben Novak
Although the well-capitalized Kuwaiti banking sector has digested the financial crisis by bringing down the share of non-performing loans (NPLs) and getting back to profits, the political ups and Continue
April 09, 2010 |
Ben Novak
While in the United Arab Emirates almost every local commercial bank is involved in real estate financing, Kuwaiti banks watched Kuwait real estate and construction sector more critically. Continue
April 08, 2010 |
Ben Novak
“Islamic banking and finance started inferior thirty years ago but started to position itself very well within the Kuwait banking and Kuwait investment industry.  It dominates the GCC and MENA Continue
April 08, 2010 |
Ben Novak
“I think that Kuwait banking system has gone through some very difficult times, and that 2010 will still be difficult and I think the banks have to prepare for the inevitable full turn around. How Continue
October 09, 2017 |
Scherzando Blaise Karasu
Kuwait was upgraded by FTSE Russell to an emerging market status, which will become effective by September 2018. The upgrade could prompt cash inflows of approximately USD 700mn from foreign Continue
September 13, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets August 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI Index increased by 0.83%. Kuwait’s Weighted Index Continue
July 11, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets June 2017 Review by Kuwait Finance and Investment Company (KFIC), MSCI decided to include Saudi Arabia on its watch-list for potential addition to Emerging Market Continue
June 07, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets May 2017 Review by Kuwait Finance and Investment Company (KFIC), Saudi Arabia signed billions of dollars of deals with US companies during President Donald Trump’s Continue
May 14, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets April 2017 Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI Index, fell by -1.2%. Abu Dhabi’s ADX General Continue
April 27, 2017 |
Scherzando Blaise Karasu
Kuwait Finance and Investment Company (KFIC), a well-established asset manager in Kuwait, announced its recognition for Bhavani Joshi for attaining the Certified Internal Auditor (CIA) certification Continue
April 18, 2017 |
Scherzando Blaise Karasu
Kuwait Finance and Investment Company (KFIC) announced its that its financing services sector (Tamwilia) signed an agreement of cooperation with Midas furniture for the needs of Midas’ clients for Continue
April 13, 2017 |
Scherzando Blaise Karasu
According to the Equity Markets Quarterly Review by Kuwait Finance and Investment Company (KFIC), GCC equities, as indicated by the MSCI GCC IMI index, fell by -1.3% QTD in Q1 2017. Bahrain’s BB Continue
April 12, 2017 |
Scherzando Blaise Karasu
Kuwait Finance and Investment Company (KFIC) notably attained a 211 thousand KD net profit in the 2016 financial year. Continue
March 08, 2017 |
Scherzando Blaise Karasu
So whilst the effects of declining oil revenues have been considerable, Kuwait, which boasts large fiscal reserves accumulated over the past few decades, has been able to stave off the precipitous Continue
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