Terms Of Use Privacy Statement

Kuwait Events

Expats take out over 4 billion Kuwaiti dinars in loans

Expats take out over 4 billion Kuwaiti dinars in loans
Banking sources have estimated that expats have taken out a total of 4 billion Kuwaiti dinars in loans.

Kuwait banks: no waiver of loans for expats

Kuwait banks: no waiver of loans for expats
While many expats have started leaving Kuwait due to expired visas, some banks have begun the process of prosecuting those with unpaid loans.

Moody’s downgrades Kuwait’s credit rating to A1

 Moody’s downgrades Kuwait’s credit rating to A1
Moody’s Investors Service downgrades Kuwait’s credit rating by two notches to A1 from Aa2; changes outlook to stable.
1

Popular Events