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  • 12, August 2024

    Kuwait's Warba Bank lists USD 500 mln Sukuk at Nasdaq Dubai

    By Salem Al-Methen DUBAI, Aug 12 (KUNA) -- Kuwait's Warba Bank CEO, Shaheen Al-Ghanim, on Monday, rang the opening bell of the trading session at the Nasdaq Dubai Stock Exchange, announcing the listing of green financial Islamic-compliant bonds (Sukuk) worth USD 500 million on this exchange for five years.

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  • 11, August 2024

    Lower jobless claims help ease recession worries in US market

    KUWAIT: Business activity in the US services sector returned to expansion territory in July, with the PMI reading coming in at 51.4 from 48.8 previously.

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  • 11, August 2024

    New York eco activists turn up heat on Citi

    NEW YORK: Environmental campaigners in New York have kept up a campaign of direct action against one of the city’s foremost banking empires, Citi, accusing the group of fueling the climate crisis. Enraged by Citi’s bankrolling of polluting businesses, activists have unleashed a “summer of heat” campaign that includes protests and leafleting, coupled with an online pressure campaign.

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  • 11, August 2024

    Saudi Cabinet approves new investment law

    RIYADH: The Kingdom of Saudi Arabia Cabinet announced on Sunday approval of updated investment law in alignment with the 2030 vision and the National Investment Strategy.

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  • 11, August 2024

    India’s market regulator chief rejects bias in Adani probe

    MUMBAI: India’s market regulator chief rejected Sunday allegations by US short-seller Hindenburg Research that claimed past offshore investments may have prevented her from properly investigating corporate malfeasance allegations against the Adani Group.

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  • 11, August 2024

    Khaled Waleed Al-Falah: NIC achieved positive financial indicators in H1 2024

    KUWAIT: The National Investments Company announced its financial results for the first half of 2024, in which the company achieved a net profit of KD 5.77 million at 7.24 fils per share, compared to the corresponding period of 2023, in which the net profit reached KD 4.23 million, 5.3 fils per share, an increase of 37 percent.

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  • 11, August 2024

    Serbians demand halt to Rio Tinto’s lithium project

    BELGRADE: Tens of thousands of people gathered in central Belgrade on Saturday demanding a halt to Rio Tinto’s, lithium project in Western Serbia over fears it could pollute nearby land and water.

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  • 11, August 2024

    In deluge of protests, fuel subsidies prove hard to abolish

    LONDON: Like thousands of Nigerians and millions of others across the developing world, higher fuel costs have irked Antonia Arosanwo.

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  • 10, August 2024

    NBK - Egypt grants EDECS $93m funding to support mega project at Ain Sokhna Port

    KUWAIT: In line with the role of the Egyptian banking sector in the country’s economic development, National Bank of Kuwait - Egypt has granted EDECS International Engineering and Contracting Company credit facilities totaling $93 million.

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Recent News

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    • NBK named ‘Best Foreign Exchange Provider for 2025’
      07, December 2024
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      05, December 2024

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