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Int''l medical company set up at KD five mln -- Kuwait Today
News - Business News
Wednesday, 01 September 2010 23:23

KUWAIT, Aug 31 (KUNA) -- Al-Joun International Medical Company has been established with a capital of KD 5 million, Kuwait Al-Yawm official gazette said on Monday.

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Kuwait banks to adopt IBAN system by 2011 -- CBK Governor
News - Business News
Tuesday, 31 August 2010 03:27

KUWAIT, Aug 30 (KUNA) -- Governor of the Central Bank of Kuwait (CBK) Sheikh Salem Abdulaziz Al-Sabah said Monday the bank would introduce the International Bank Account Number (IBAN) system in a bid to modernize the country's banking system.

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US Defense Logistics Agency extends Agility contract
News - Business News
Tuesday, 31 August 2010 03:21

KUWAIT, Aug 30 (KUNA) -- The Kuwait Stock Exchange (KSE) announced on Monday that Public Warehousing Company (Agility) reported that the US Agency for Defense Logistics granted an additional six months beginning in September for storage and distribution services

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Kuwait''s property market eyes solutions to financing problems
News - Business News
Monday, 30 August 2010 00:57

KUWAIT, Aug 29 (KUNA) -- After half a year of recession, the local property market is still in need for measures to overcome financial strains and prod banks

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No approval for Iranian, Iraqi banks
News - Business News
Tuesday, 17 August 2010 01:36

KUWAIT: The Central Bank of Kuwait has reportedly rejected bids from four Iranian banks and one Iraqi one to launch branches in Kuwait after they failed to meet the necessary criteria.

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Downtrend of US dollar "seems to have ended" -- report
News - Business News
Tuesday, 17 August 2010 01:28

KUWAIT, Aug 16 (KUNA) -- Downward trend of the US Dollar against its counterparts seems to have ended last week, with the greenback strengthening against most of the major currencies

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Kuwait''s Real estate continues good performance in Q2 2010 - KFH report
News - Business News
Sunday, 08 August 2010 23:51

KUWAIT, Aug 8 (KUNA) -- A report said Sunday there were several factors contributing to flourishing real estate market during the second quarter this year in Kuwait.

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The Banker: KFH rated among best globally-rated 1,000 banks
News - Business News
Saturday, 07 August 2010 23:42

KUWAIT, Aug 7 (KUNA) -- Kuwait Finance House (KFH) was ranked first locally, the 10th regionally and the 164 globally amongst the best 1,000 banks at the world level, according to a rating by The Banker, the Financial Times Group's magazine.

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Kuwait airline handpicks Citibank for privatization
News - Business News
Thursday, 05 August 2010 00:39

KUWAIT, Aug 4 (KUNA) -- Kuwait Airways has appointed Citibank, Ernst Young and Seabury to handle the planned privatization of Kuwait's only national airline.

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