Kuwait economy


Kuwait Central Bank Denies Plan To Devalue, Stands By Peg

Middle East Business News - Published date: .

Speculation started swirling after the passing last week of Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, who has been succee... Read more

Kuwait Finance Ministry To Mull Halving $66bn Debt Ceiling

Middle East Business News - Published date: .

Finance and economic committee has also suggested reducing the period for borrowing Read more

Kuwait's Budget Crunch May Push It To Tap Fund For Life After Oil

Middle East Business News - Published date: .

Lawmakers are rejecting attempts to cut citizens' salaries and subsidies though, which account for more than 70% of spen... Read more

Kuwait's Kamco, Global To Merge Into $13bn Investment Giant

Middle East Business News - Published date: .

Kuwaiti investment companies sign agreement to cement merger talks and start regulatory process Read more

Kuwait Said To Be Planning $10bn Fund With China

Middle East Business News - Published date: .

Sources say Gulf state is discussing the creation of a Kuwait-China Silk Road Fund that would invest in projects related... Read more

Saudi Bonds To Join JPMorgan Index In $119bn Gulf Addition

Middle East Business News - Published date: .

Saudi Arabia and four other Gulf nations will join JPMorgan Chase & Co's emerging-market bond indexes this month Read more