Banking & Finance

Banking & Finance

Western union launches online money transfer capabilities in Kuwait

Western union a leader in global money transfer and payment service in association with Aman Exchange in Kuwait, has announced the launch of the WU.com transactional website in Kuwait increasing…

 
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Banking & Finance

KIA posted loss of $1bn in fiscal year

Kuwait Investment Authority (KIA), one of the world’s biggest sovereign wealth funds, said it had incurred a loss of 312 million dinars in the financial year ended in March 2016,…

 
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Banking & Finance

Kuwait index kicks off week on sluggish note

Kuwait stocks sagged on Sunday as it kicked off the week on sluggish note. The price index slipped 11.63 pts in volatile trade to 6658.84 pts tracking the weak regional…

 
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Banking & Finance

ISDB provided loans woth over USD 124 bln since foundation – ISDB

President of Islamic Development Bank (ISDB), Dr. Bandar Hajjar has offered loans at a total of USD 124.3 billion to finance 8,196 projects in 57 countries across the member states….

 
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Banking & Finance

His Highness PM : facing economic issues not at expense of citizens

His Highness the Prime Minister Sheikh Jaber Al-Mubarak Al-Sabah said on Monday, that dealing with economic hardships should not bt at the expenses of citizens and is a core responsibility…

 
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Banking & Finance

Iraqi market will provide incentives to Kuwaiti investors – Al-Jumaili

Kuwaiti investors are welcomed to seek business within Iraq and they will have a slight advantage over other business personnel, said an Iraqi official Friday.
 Iraqi Minister of Planning and…

 
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Banking & Finance

Kuwait ’35 vision tangible strides, clear reforms to build contemporary economy

Supporting and developing the national productive economic sectors are now one of government priorities to achieve an economy based on diversity, sustainability and modernity in 2035. This is part of…

 
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Banking & Finance

Saudi cuts sees biggest oil price rally since December

Oil is riding the longest winning streak since December on optimism Saudi Arabia will support an extension to OPEC-led output cuts just as US stockpiles show signs of shrinking. Futures…

 
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Banking & Finance

Kuwait to borrow more, raise debt ceiling, hike investment

Kuwait will continue to secure additional financing from international and domestic markets through conventional and sukuk offerings, said the country’s Deputy Prime Minister and Minister of Finance Anas Khalid Al-Saleh….

 
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Banking & Finance

UAE personal loans rise to $95.2b

The value of personal loans in the UAE increased to AED349.9 billion ($95.2 billion) in February, up by three percent compared to the previous month, according to the country’s central…

 
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