Kuwait Remains Among Strongest Sovereign Countries
The credit rating agency “Fitch” said the negative outlook of Kuwait’s sovereign rating reflects the near-term liquidity risks associated with the imminent depletion of liquid assets...
November 06, 2021224Category: Business
Kuwait Partakes In One Planet Sovereign Wealth Funds Meet
Paris will host on Wednesday the One Planet Sovereign Wealth Funds meeting to boost efforts to mitigate climate change effects and help create financial model for promoting low-carbon economic develop...
July 11, 2019291Category: Business
Kuwait’s Sovereign Fund Ranks 4th In The World
Kuwait’s sovereign fund ranked fourth among the 81 biggest sovereign funds all over the world in terms of assets, reports Al-Rai daily.
According to the Sovereign Wealth Fund Institute (SWFI)...
May 29, 2019497Category: Kuwait
SAB Discussed 19 Sovereign Rating With Fitch, Al -Busairi
Acting Chairman of the State Audit Bureau Adel Al-Saraawi has recently met a visiting delegation of the internationally renowned rating agency Fitch, discussing Kuwait’s 2019 sovereign rating. S...
March 10, 2019421Category: Business
KIA Through Sovereign Fund Aims To Expand ‘investment’ Activities
The Kuwait Investment Authority (KIA), through its sovereign fund, aims to expand its investment activities by selecting new areas in Europe and Asia, with economic feasibility, in addition to its cur...
January 27, 2019569Category: Business
Respect Sovereign Moves
The world is awash with contradicting news, you wake up every morning to find variety of news hitting the headlines. As you browse through the news pages, you find news on the G20 Summit in Buen...
December 05, 2018937Category: Article
Every Country Has Full Sovereign Right Over Its Natural Resources
Kuwait has stressed that each country has full sovereign right to control and exploit its natural resources in accordance with the Charter and the principles of international law as a key factor if th...
October 18, 2018530Category: International
Kuwait’s Sovereign Fund UK Unit Said To Buy Oil
The British infrastructure arm of Kuwait’s sovereign wealth fund has agreed to buy oil and gas pipeline firm North Sea Midstream Partners (NSMP) for around £1.3 billion ($1.7 billion) from...
July 24, 2018612Category: Business
Standard And Poor’s Affirms Kuwait Sovereign Rating
Standard and Poor’s affirmed Friday Kuwait’s (AA/A-1+) long and short-term foreign and local currency sovereign credit ratings, with stable economic outlook.
The credit rating agency, i...
July 22, 20181119Category: Business
KIA Said It Had Incurred Loss Of 312 Million Dinars In Financial Year
Kuwait Investment Authority (KIA), one of the world’s biggest sovereign wealth funds, said it had incurred a loss of 312 million dinars ($1.03 billion) in the financial year ended in March 2016,...
May 24, 2017601Category: Kuwait
Kuwait Is Best Off, Nigeria Worst In 2017 Oil Break-even Prices
Kuwait’s in the best position of major oil exporting nations in the Middle East, Africa and parts of Europe to have a balanced government budget this year with oil forecast to average $52.50 a b...
April 08, 20171500Category: International
Qatar May Be Lone Hold-out As Gulf Raises Rates After Fed
Qatar may buck the trend as the Gulf's rich oil exporters hike interest rates in response to US monetary tightening, but Doha's strong financial position means its currency should escape major...
March 17, 2017902Category: Kuwait
Gulf Countries Are Forecast To Drive The Bulk Of 2017 Sovereign Debt Issuance
Gulf countries are forecast to drive the bulk of 2017 sovereign debt issuance, followed by Latin America, according to Bank of America Merrill Lynch.
Its latest GEMs Macro Monthly report said it ex...
February 11, 20171186Category: Information