CBK issues commemorative coins marking currency, GCC anniversaries

June 23, 2021

KUWAIT CITY, June 22, (KUNA): The Central Bank of Kuwait has issued the second batch of commemorative coins marking the 60th anniversary of the national......

Gulf Bank launches MOUJ Prepaid card

June 17, 2021

Kuwait, 16 June 2021: In partnership with Mastercard, Gulf Bank has launched the new MOUJ Cashback Prepaid card, the first of its kind in the Middle......

KIB facility to Zain Iraq unit

June 15, 2021

KUWAIT CITY, June 14, (KUNA): Kuwait International Bank (KIB) extended on Monday $125 million bilateral Murabaha financing facility to Atheer Iraq,......

Key developments in Kuwait BoP Q4 2020

June 15, 2021

KUWAIT CITY, June 14, (KUNA): The Central Bank of Kuwait (CBK) published on Monday the preliminary data of the State of Kuwait’s Balance of......

Kuwait GDP cut 9.9% in pandemic ’20

June 14, 2021

KUWAIT CITY, June 13 Governor of the Central Bank of Kuwait, Dr. Mohammad Y. Al-Hashel announced the publication of the 49th issue of the Economic......

Kuwait's Ahli United Bank sells $600mln Islamic bond

June 10, 2021

DUBAI] - Kuwait's Ahli United Bank has sold $600 million in Additional Tier 1 Islamic bonds at 3.875%, a document showed on Wednesday. Pricing......

KAL Is Publishing Free, Open Source XFS SP Framework For ATMs

June 9, 2021

In an exciting first for the ATM industry, KAL is delighted to announce that we are publishing a new, free and open source implementation of XFS4IoT,......

NBK shows remarkable success in staff COVID-19 vaccination campaign

June 8, 2021

KUWAIT: National Bank of Kuwait (NBK) announced a remarkable success of the campaign it launched over the past months to encourage its employees......

GCC banks: Lending growth eases in Q1, new challenges in H2 2021

June 8, 2021

Lending growth continued for the fourth consecutive quarter in Q1 2021 for listed banks in the GCC. The sector is likely to witness new challenges......

HDFC Bank Commits To Becoming Carbon Neutral By 2031-32

June 8, 2021

• Announces plan ahead of World Environment Day on June 5
• Plans...
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