News On Capital
3 Banks Offer Double Interest On Dinar Deposits During Government Auction Due To Fierce Competition A deposit offered by a government agency in a bank auction a few days ago for a year saw "fierce" competition between ten banks, to the point where the margin between the winning party's... February 13, 2022 1333 Category: Kuwait
KOC Capital For Executing Key Projects Hits KD 7.9 Bln By End Of ’20/21 Fiscal Yr The Kuwait Oil Company (KOC) revealed that the capital for the implementation of major projects jumped to KD 7.9 billion by the end of the last 2020/2021 fiscal year following the implementation of mo... October 23, 2021 339 Category: Business
Electricity Cuts Off Power In A Number Of Areas Of Farwaniya, The Capital, Hawalli And Mubarak Al-Kabeer Arabic local newspaper alanba reported that The interruptions due to maintenance work will include parts of Al-Qurain, Sabah Al-Salem, Al-Fayhaa, Dasma, Al-Qibla, Jabriya, Salwa, Seville and Andalus r... November 01, 2020 649 Category: Kuwait
Construction Violations Razed In Capital – ‘No Make-shift Rooms, Toilets’ A number of construction violators in the investment areas of Capital Governorate have started removing the violations detected by the Central Emergency Team, reports Al- Qabas daily. Head of the emer... September 14, 2020 557 Category: Information
Al-Salihiya Ruins – An Eyesore In The Heart Of The Capital There are several abandoned buildings in the Salhiya area, supposedly devoid of residents and vacate of shops, with the electricity and water cut off, however, there are signs these are inhabited by i... September 13, 2020 864 Category: Information
KD 200,000 Deficit In Capital Co-op Society Cooperative Sector inspectors in the Ministry of Social Affairs discovered a deficit of KD200,000 when they did an inventory of the contents of a cooperative society in the Capital Governorate and tha... January 09, 2020 264 Category: Kuwait
Tenders For Maintaining 2nd Agricultural Area And 39 Large Parks In Capital Approved Director of the Implementation and Maintenance Department at the Public Authority for Agricultural Affairs and Fish Resources (PAAAFR) Ghanem Al-Sanad has confirmed the Tender Committee’s approv... August 22, 2019 381 Category: Business
Move To Avoid Double Taxation On Income And Capital Kuwait Ministry of Finance and Luxembourg Ministry of Finance on Wednesday in Luxembourg, initialled a Protocol amending the Convention for the Avoidance of double taxation and the prevention of fisca... July 19, 2019 381 Category: Business
KPC Hires NBK Capital To Advise On $2bn Financing Kuwait Petroleum Corp has hired NBK Capital to advise it on a financing of around $2 billion that is likely to come from Kuwaiti banks, two sources familiar with the matter said. One of the sources... July 10, 2019 323 Category: Business
Developing Capital Market Leads To Sustainable Economy Manaf Abdulaziz Alhajeri, Chief Executive Officer of Kuwait Financial Centre “Markaz” presented on April 10, 2019 a seminar titled, “Shaping our financial markets to become inclusive... April 11, 2019 326 Category: Business
Bad Roads Repairs First – Capital, Hawally Priority Denied Official Spokeswoman for the Ministry of Public Works Iman Al-Omar on Friday refuted reports claiming that roads of the governorates of Assima (Capital) and Hawally were given a priority. “The M... April 07, 2019 570 Category: Kuwait
WB Highlights Need To Improve MENA Human Capital “There has been an interesting and gradual shift in focus of World Bank’s country partnerships framework in the MENA region from capital investment in infrastructure towards investment and... March 12, 2019 310 Category: Business
Capital Punishment Sought In Lawyer's Abduction The Public Prosecution has ordered to renew the detention of five men for more interrogations who are accused of abducting a lawyer, reports Al-Rai daily. This came after the details of the crime were... March 05, 2019 299 Category: Crime News
Kuwaiti Female Well-achievers In Sri Lanka Capital, Visit Sites The group of “Be Among the Excellent” female well-achievers journey, organized by Kuwait Fund for Arab Economic Development (KFAED), have arrived in Sri Lanka’s capital Colombo and a... January 13, 2019 877 Category: International
Warba Bank Share Capital Increase Subscription Starts Today Warba Bank announced that the offering period in capital increase for exercising pre-emption right starts today, Nov 25th and ends on 9th Dec 2018. The total shares’ value amounts KD 90MM (50 pa... November 25, 2018 718 Category: Business
Boursa Kuwait Highlights Capital Market Opportunities In Tokyo Boursa Kuwait participated in the 22nd Annual Meeting for the Kuwaiti-Japanese Businessmen Committee held in Tokyo, Japan, in line with its ongoing efforts to promote Kuwait’s capital market. Bo... November 20, 2018 489 Category: Business
Kuwait Suspended All Departing Flights From The Capital's Airport Kuwait suspended all departing flights from the capital's airport on Wednesday due to the extreme weather which has hit the Gulf state in recent days and caused floods. "All flights depart... November 15, 2018 504 Category: Kuwait
KAMCO Joins GBSA Gulf Debt Capital Market Summit KAMCO Investment Company, a leading investment firm with one of the largest AUMs in the region, joined the Gulf Bond and Sukuk Association (GBSA) Gulf Debt Capital Market Summit held in Dubai, UAE as ... November 12, 2018 341 Category: Business
Foreign Banks Capital Increase The total capital increase in the branches of foreign banks operating in the country reached $30 million last month — approximately KD 9 million, reports Al-Rai daily quoting sources. According ... August 06, 2018 350 Category: Business
NBK Capital, IHC Announce Closing Of The Private Placement Of 35 pct Of The Company’s Capital Watani Investment Company (NBK Capital) and Integrated Holding Company (IHC), the largest crane operator in the Middle East focused on the oil, gas and energy sectors, announced the successful closing... June 12, 2018 1240 Category: Economics
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