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News
KSE foreign holdings jump 44% from 2024 to 7.7 billion dinars in H1 2026
1+ hour, 20+ min ago (299+ words) Times Kuwait Foreign ownership of companies listed on the Kuwait Stock Exchange rose to 7.7 billion dinars by the end of the first half of 2026, up 10 percent from about 7 billion dinars recorded last September, underscoring the continued presence of international investment…...
KSE posts mixed performance last week as trading activity picks up
1+ day, 13+ hour ago (202+ words) The performance of the Kuwait Stock Exchange last week was mixed, according to a specialized economic report issued Saturday by Al-Shall Consulting Company. The report noted increases in the value and volume of traded shares, as well as the number…...
Fitch sees geopolitical risk impact easing across Gulf bond market
6+ day, 23+ min ago (416+ words) The impact of recent geopolitical tensions on Gulf investment-grade bonds and sukuk has eased significantly, although risks remain more pronounced for non-investment-grade debt, according to Fitch Ratings’ global head of Islamic finance Bashar Al Natoor. Speaking to Al Arabiya Business,…...
Kuwait banks seek???friendly??? understanding as competition intensifies on retail loan, deposit rates
1+ week, 3+ day ago (683+ words) Credit policymakers at some local banks have begun discussions with executives responsible for individual financing and deposit acquisition, seeking a collective understanding that would discourage banks from entering an aggressive pricing race to expand their portfolios of loans to eligible…...
KSE posts 13.74m dinars first-half profit as market recovery gains momentum
2+ week, 6+ day ago (334+ words) The Kuwait Stock Exchange reported a net profit of KD13.74 million for the first six months of 2026, reflecting a strong second-quarter recovery despite a challenging regional environment marked by geopolitical tensions and market volatility. According to the company’s financial results for…...
Finance Ministry sets strict spending limits for next fiscal budget
3+ week, 4+ day ago (507+ words) The Ministry of Finance has issued a new circular outlining the rules and guidelines for ministries, government departments, and affiliated agencies to prepare their draft budgets for the 2027/2028 fiscal year, with a strong emphasis on fiscal discipline, expenditure control, and…...
Kuwait's inflation rises 2.19% in June, driven by higher food prices
1+ mon, 3+ day ago (284+ words) Kuwait’s annual inflation rate rose to 2.19 percent in June 2026, driven primarily by higher food, transport and consumer goods prices, according to the latest data released by the Central Statistical Bureau (CSB). The Consumer Price Index (CPI) remained unchanged at 139.9 points…...
CAPT approves 5.07m dinars in contracts for healthcare, justice upgrades
1+ mon, 1+ week ago (160+ words) The Central Agency for Public Tenders has approved two contracts worth approximately 5.07 million dinars, marking a major investment in maintaining critical hospital systems and upgrading the Ministry of Justice’s digital infrastructure. The agency’s board of directors approved the two tenders…...
Brookfield Explores Investment Opportunities in Kuwait's Infrastructure Sector
1+ mon, 2+ week ago (375+ words) Global investment giant Brookfield Asset Management is exploring opportunities to participate in Kuwait’s ambitious infrastructure development program, signaling growing international interest in the country’s expanding pipeline of strategic projects. According to informed sources, senior representatives from Brookfield recently held discussions…...
Gold retreats as traders await clues on US interest rate outlook
1+ mon, 2+ week ago (294+ words) 15 killed, several missing after storms and landslides batter China Gold prices edged lower on Tuesday after reaching a two-week high in the previous session, as investors adopted a cautious stance ahead of the release of the US Federal Reserve’s June…...