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CBK requires banks to activate OTP even worth 100 fils 23 March 2023 CBK directed banks to cancel the minimum amount for online purchases for value-store services.
Kuwait to see solid growth in spending in 2023 28 February 2023 Fitch report: Kuwait to see solid growth in spending in 2023.
Kuwaiti families spend KD 1625 a month on welfare 15 February 2023 Kuwaiti families spend KD 1,625 a month on welfare, entertainment, according to new report.
Kuwait is expected to hit 3.8% GDP growth 15 February 2023 New report: Kuwait is expected to achieve a growth of 3.8 percent in the gross domestic product during the year 2023.
Average Kuwaiti family income approx KD 4,000 per month 08 February 2023 New survey: Average Kuwaiti family income approx KD 4,000 per month; Expat family’s average income KD 939.8 per month.
Kuwait budget deficit for FY 2023 - 2024 to pass KD 5BN 07 February 2023 Ministry of Finance: The expected deficit in the State’s general budget for the next fiscal year (2023-2024) is estimated at 5.053 billion Kuwaiti dinars.
CBK asks exchange companies about high-risk transfers 24 January 2023 Central Bank of Kuwait requests exchange companies to provide it with a statement that includes “high-risk” customers.
Fitch affirms Kuwait at AA- with stable outlook 24 January 2023 The Fitch Ratings affirms Kuwait’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at AA- with a Stable Outlook.
Kuwait MoC to build complexes, malls, boost cash input 24 January 2023 Ministry of Communications to build complexes, malls, boost cash input so as to revitalize economy.
CBK - Annual interest on loans should not exceed 6.5% 21 January 2023 Central Bank of Kuwait: Annual interest on loans should not exceed 6.5%
550194 Kuwaitis obtain KD 14.7 billion in loans 10 January 2023 Almost 550,194 Kuwaitis has obtained consumer and installment loans, according to Central Bank of Kuwait's latest statistics.
Six Kuwait banks join GCC Cross-border Payment System 08 January 2023 CBK: Six local banks have joined the GCC Cross-border Payment System in Kuwait.
IMF Staff Concludes Staff Visit to Kuwait 29 December 2022 An IMF mission held discussions with the Kuwaiti authorities in Kuwait City during December 11-18.
Kuwait gets $100m back from Bahrain 29 December 2022 Kuwait gets $100 million from Bahrain as part of a corruption case.
New report - Hundreds claim e-fraud in Kuwait 29 December 2022 Several citizens claim e-fraud in Kuwait. Fraudulent gang uses app to seize bank accounts
Expats health insurance revenue up by 15% 29 December 2022 Health ministry: Revenues from expats’ health insurance in Kuwait up by 15% last year
Kuwait's external debt value increases in Q2, 2022 29 December 2022 Kuwait’s total external debt value increases in the second quarter of this year to reach KD 18.82 billion.
IRU suspends three insurance firms 30 August 2022 Kuwait Insurance Regulatory Unit (IRU) decided to suspend the activities of three companies until Sept 30.
Seven Kuwaiti banks among 1000 largest banks in world 29 August 2022 Kuwait ranked fourth in terms of the number of banks that entered the list of the largest 1000 banks in the world.
Kuwait banks to keep close eye on accounts 25 August 2022 Kuwait banks aims to keep close track on clients’ accounts.Steps taken for the development of a legal framework regulating the operations of social media influencers.
Finance ministry - Proposal to replenish Future Fund 13 August 2022 New proposal to deduct 10 percent of the revenues generated annually into the general budget for the benefit of the Future Generations Fund.
New mandatory health insurance for expats on visa 18 10 August 2022 Dhaman: New mandatory health insurance for about two million expatriates working in the private sector (Article 18 visa) and their families.
CBK - local banks to Kuwaitize certain vital positions 10 August 2022 Central Bank of Kuwait tells local banks to Kuwaitize certain vital positions.
Afya-3 health insurance available for Kuwaiti retirees 26 July 2022 Kuwaiti retirees can avail Afya-3 health insurance cards until Sept 15. Cards will be handed out to beneficiaries through 44 health centers.
KPTC capital cut from KD 49mn to KD15 million 15 July 2022 Kuwait Public Transportation Company approves to reduce the company’s capital from KD 49 million to 15 million.
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CBK requires banks to activate OTP even worth 100 fils

23 March 2023

CBK directed banks to cancel the minimum amount for online purchases for value-store services.

Kuwait to see solid growth in spending in 2023

28 February 2023

Fitch report: Kuwait to see solid growth in spending in 2023.

Kuwaiti families spend KD 1625 a month on welfare

15 February 2023

Kuwaiti families spend KD 1,625 a month on welfare, entertainment, according to new report.

Kuwait is expected to hit 3.8% GDP growth

15 February 2023

New report: Kuwait is expected to achieve a growth of 3.8 percent in the gross domestic product during the year 2023.

Average Kuwaiti family income approx KD 4,000 per month

08 February 2023

New survey: Average Kuwaiti family income approx KD 4,000 per month; Expat family’s average income KD 939.8 per month.

Kuwait budget deficit for FY 2023 - 2024 to pass KD 5BN

07 February 2023

Ministry of Finance: The expected deficit in the State’s general budget for the next fiscal year (2023-2024) is estimated at 5.053 billion Kuwaiti dinars.

CBK asks exchange companies about high-risk transfers

24 January 2023

Central Bank of Kuwait requests exchange companies to provide it with a statement that includes “high-risk” customers.

Fitch affirms Kuwait at AA- with stable outlook

24 January 2023

The Fitch Ratings affirms Kuwait’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at AA- with a Stable Outlook.

Kuwait MoC to build complexes, malls, boost cash input

24 January 2023

Ministry of Communications to build complexes, malls, boost cash input so as to revitalize economy.

CBK - Annual interest on loans should not exceed 6.5%

21 January 2023

Central Bank of Kuwait: Annual interest on loans should not exceed 6.5%

550194 Kuwaitis obtain KD 14.7 billion in loans

10 January 2023

Almost 550,194 Kuwaitis has obtained consumer and installment loans, according to Central Bank of Kuwait's latest statistics.

Six Kuwait banks join GCC Cross-border Payment System

08 January 2023

CBK: Six local banks have joined the GCC Cross-border Payment System in Kuwait.

IMF Staff Concludes Staff Visit to Kuwait

29 December 2022

An IMF mission held discussions with the Kuwaiti authorities in Kuwait City during December 11-18.

Kuwait gets $100m back from Bahrain

29 December 2022

Kuwait gets $100 million from Bahrain as part of a corruption case.

New report - Hundreds claim e-fraud in Kuwait

29 December 2022

Several citizens claim e-fraud in Kuwait. Fraudulent gang uses app to seize bank accounts

Expats health insurance revenue up by 15%

29 December 2022

Health ministry: Revenues from expats’ health insurance in Kuwait up by 15% last year

Kuwait's external debt value increases in Q2, 2022

29 December 2022

Kuwait’s total external debt value increases in the second quarter of this year to reach KD 18.82 billion.

IRU suspends three insurance firms

30 August 2022

Kuwait Insurance Regulatory Unit (IRU) decided to suspend the activities of three companies until Sept 30.

Seven Kuwaiti banks among 1000 largest banks in world

29 August 2022

Kuwait ranked fourth in terms of the number of banks that entered the list of the largest 1000 banks in the world.

Kuwait banks to keep close eye on accounts

25 August 2022

Kuwait banks aims to keep close track on clients’ accounts.Steps taken for the development of a legal framework regulating the operations of social media influencers.