Kuwait
Goldman Sachs opens Kuwait office to expand Middle East presence
GOLDMAN Sachs has opened a new office in Kuwait, it said on Monday, in a bid to expand its services to regional clients and deepen its footprint in the Middle East.
Bank of America loses crisis-era backer after Kuwait sells US$3 billion stake
KIA’s decision to offload the stock comes amid a wider pullback from some financial-services investments
Kuwait set to allow banks to offer mortgages for the first time
The long-awaited law could provide a “structured framework that enhances home financing accessibility for eligible citizens”
Kuwait Airways annual revenue up 115% from 2021, says chairman
KUWAIT Airways’ revenue last year rose by 115 per cent from 2021 and was up 10 per cent from pre-pandemic 2019, its chairman Ali Aldokhan told a news conference on Thursday (Jan 26).
Kuwait Airways says to buy 31 Airbus jets in US$6b deal
[KUWAIT CITY] Kuwait Airways announced an expanded US$6 billion deal with Airbus that includes 31 new planes on Monday, restructuring an agreement struck in 2014.
Opec names Kuwait oil executive as secretary-general
[LONDON] Top oil producing countries on Monday picked Kuwaiti oil executive Haitham al-Ghais as the next secretary-general of the Organization of the Petroleum Exporting Countries (Opec).
Gulf bourses dive as virus hits oil price
[DUBAI] Stock markets in the oil-rich Gulf states plunged on Sunday over fears about the impact of the novel coronavirus, a market trend that also battered global bourses last week.
Kuwait, Bahrain announce first coronavirus cases
[DUBAI] Kuwait and Bahrain confirmed on Monday their first novel coronavirus cases, health ministries in the two Gulf states announced, adding all had come from Iran.
Kuwait expects neutral zone oil pact with Saudis soon
KUWAIT expects to sign an agreement with Saudi Arabia to restart oil production from the neutral zone along their border within 30 to 45 days, according to a person familiar with the matter.
