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News
$16bn Shaheen project seen as catalyst for foreign investment
44+ min ago (235+ words) Arab Times Kuwait News $16bn Shaheen project seen as catalyst for foreign investment He believes that the $16 billion Shaheen deal will increase the volume of foreign capital invested in Kuwait from $2 billion to $18 billion. He said this increase will encourage foreign…...
All 32 of the nation's biggest banks clear Fed's annual 'stress test"
1+ mon, 1+ day ago (263+ words) All 32 of the nation's biggest banks clear Fed's annual 'stress test' Arab Times Kuwait News All 32 of the nation's biggest banks clear Fed's annual 'stress test' The tests are required under the Dodd-Frank Act, the law passed after the 2008 financial…...
Did You Know? Philippines Leads in Per Capita Income, Followed by Bhutan and Bangladesh, While India Trails
1+ mon, 2+ week ago (87+ words) Arab Times Kuwait News Did You Know? Philippines Leads in Per Capita Income, Followed by Bhutan and Bangladesh, While India Trails Bhutan is estimated to have a per capita income in the range of $3,200–$4,200, depending on data revisions and methodology…...
Standard & Poor’s confirms Kuwait AA- rating, stable outlook maintained
2+ mon, 3+ day ago (244+ words) Arab Times Kuwait News Standard & Poor’s confirms Kuwait AA- rating, stable outlook maintained KUWAIT CITY, May 22: The Central Bank of Kuwait has announced that Standard & Poor’s (S&P) has affirmed Kuwait’s long-term sovereign credit rating at AA- and short-term rating…...
Trojan Construction Holding eyes the future with innovation, integration and regional expansion
2+ mon, 1+ week ago (21+ words) ABU DHABI, May 14: From a local contractor founded in 2009 to one of the UAE’s fastest-growing construction compani......
Indian Rupee Falls Sharply Against Pakistani, Bangladeshi and Afghan Currencies
2+ mon, 1+ week ago (191+ words) NEW DELHI, May 16: The Indian rupee has weakened against several regional currencies in 2026, showing notable declines against the Pakistani rupee, Bangladeshi taka, and Afghan afghani, according to exchange rate data. Against the Pakistani rupee, the Indian currency has fallen by…...
Kuwait Insurance Regulatory Unit reports KD 5.6 mln profit
2+ mon, 1+ week ago (173+ words) Arab Times Kuwait News Kuwait Insurance Regulatory Unit reports KD 5.6 mln profit He pointed out that the unit accomplished this even if it continues to adapt to the constraints of its founding law, particularly the lack of funds, operating capital…...
India Hikes Fuel Prices After Election Period by ₹3, While Pakistan Reduces Fuel Costs by Rs5
2+ mon, 1+ week ago (265+ words) Meanwhile, the federal government on Friday announced a reduction in petrol and diesel prices by Rs5 per litre, according to a notification issued by the Petroleum Division. The revised prices will come into effect from May 16, the notification said. Following the…...
Asian stocks mixed as investors watch takeaways from Trump-Xi summit
2+ mon, 1+ week ago (254+ words) US futures edged higher. Tokyo’s Nikkei 225 index was down 1% to 62,654.05, after briefly reaching another all-time intraday record at above 63,700, partly supported by robust corporate results. South Korea’s Kospi closed 1.8% higher at 7,981.41 at a fresh record helped by technology-related stocks on…...
Gold in delicate repricing phase amid rate pressures
2+ mon, 3+ week ago (19+ words) Arab Times Kuwait News Gold in delicate repricing phase amid rate pressures...