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Gold steady ahead of US jobs data, eyes weekly loss

Gold prices hold steady as markets await US nonfarm payrolls data, with investors bracing for a potential weekly loss depending on the report’s implications for the economy and monetary policy expectations.

Source: Al-Anbaa Economy

Oil retreats after limited gains as supply concerns rise

Oil prices pulled back after modest gains amid growing fears over supply disruptions. No official figures, dates, or authorities confirmed disruptions were provided. The report notes a cautious mood in energy…

Source: Al-Anbaa Economy

Burgan Bank lights up its main building in pink

A Kuwaiti bank has illuminated its main building in pink. No further details were provided in the source about motivations, reactions, or broader implications, and the original material does not specify…

Source: Al-Anbaa Economy

Gold rises as oil prices fall and the dollar weakens

Gold is higher, with the movement attributed to lower oil prices and a softer dollar, according to reports from Kuwait. The development and its impact remain uncertain as markets react to energy and currency…

Source: Al-Anbaa Economy

Kuwait's

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Source: Al-Anbaa Economy

Oil climbs over 7% as US–Iran clashes resume

Oil prices rose by more than 7% on Friday, with the week closing on solid gains after the United States and Iran resumed exchanges of military strikes in the seventh month of their confrontation.

Source: Al-Anbaa Economy

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Direct sourceKuwaitThe Times Kuwait

Oil Ministry earns 3 ISO certifications in Quality, IT and Information Security↗

The Ministry of Oil has obtained three international ISO certifications covering quality management, information security and information technology service management, following the fulfilment of required standards and the successful completion of audit procedures. In a press release issued on Sunday, the ministry said the certifications marked a step…

Direct sourceKuwaitThe Times Kuwait

Cabinet decision transfers marine supervision powers to Coast Guard↗

The Council of Ministers has issued a decision establishing the executive rules for transferring responsibility for supervising marine anchorages, piers and dhows from the Kuwait Ports Authority to the Directorate-General of Coast Guard, affiliated to the Ministry of Interior. Under Article One, all relevant powers and existing contracts concerning…

Direct sourceKuwaitThe Times Kuwait

Catholic priest killed by falling cross during livestreamed Mass in Ecuador↗

A Roman Catholic priest celebrating an evening Mass in southwestern Ecuador has died after a crucifix fell on him during the livestreamed service. The Archdiocese of Guayaquil, a coastal city 265 kilometers (164 miles) southwest of the capital, Quito, identified the priest as Patricio Sánchez of Perpetuo Socorro Church. Footage of the service on Saturday ……

Direct sourceKuwaitThe Times Kuwait

Kuwait goes digital with mandatory vehicle insurance from October 25↗

The Insurance Regulatory Unit will launch the trial phase of its updated electronic “Beema” insurance system from October 25 to December 31, 2026, requiring eligible insurance companies registered on the platform and their contracted insurance brokers to comply with the regulations governing the issuance of mandatory vehicle insurance policies. In a…

Direct sourceKuwaitThe Times Kuwait

Kuwait makes history with first-ever Nuakhai Bhetghat festival↗

• An ancient Odia harvest tradition blossoms into a global message of unity, nature and humanity In a celebration that brought the spirit of Odisha to the heart of Kuwait, the Kuwait Odisha Association (KOA), under the guidance and support of the Embassy of India in Kuwait, hosted a memorable Nuakhai Bhetghat, introducing one of … The post Kuwait makes…

Direct sourceKuwaitThe Times Kuwait

Social Affairs Ministry dissolves six public benefit associations↗

Minister of Social Affairs, Family and Childhood Affairs Dr Amthal Al-Huwailah has issued decisions to dissolve six public benefit associations in Kuwait, while extending the mandate of the interim board of directors of the Kuwait Red Crescent Society for a renewable period of one year. The dissolved associations are the Kuwaiti Entrepreneurs Association,…

Direct sourceKuwaitThe Times Kuwait

CAPT approves tender for ‘budget planning system’ by majority vote↗

The Board of Directors of the Central Agency for Public Tenders (CAPT) has approved, by a majority vote, the Ministry of Finance’s request to issue Public Tender No. 6/2026-2027 for a system to plan and prepare the public sector budget. The approval followed a re-examination of the request and a review of the required amendments. … The post CAPT approves…

Direct sourceKuwaitThe Times Kuwait

Medical Liability Authority expenses outstrip revenue by 3.44 million dinars↗

The Medical Liability Authority recorded 3.55 million dinars expenses during the 2025/2026 fiscal, while the revenues stood at just 114,500 dinars, leaving a gap of approximately 3.44 million dinars between expenditure and income. According to Decree-Law No. 117 of 2026, approving the authority’s final account and published in the official gazette Kuwait…

Direct sourceKuwaitThe Times Kuwait

TEF Kuwait’s TICE 2026 draws 1,000 delegates, honors 36 engineering achievers↗

The Tamilnadu Engineers Forum Kuwait (TEF-Kuwait) brought together more than 1,000 delegates from the engineering and technology sectors for its 17th Technological Innovations Conference & Exposition (TICE) and 10th Engineering Excellence Awards (EEA), held at Jumeirah Messilah Beach Hotel on October 15, 2026. The event featured a record 101 exhibitors, 24…

Direct sourceKuwaitThe Times Kuwait

Bhutan puts tourism and investment in the spotlight in Kuwait↗

By Ricky Laxa Staff Writer The Royal Bhutanese Embassy in Kuwait, in cooperation with FAS Holding Group of Companies, hosted an enlightening event to promote Bhutan’s tourism and investment prospects. The event was held on Saturday, October 17, at Sedra Continental Hotel and featured informative presentations, as well as the commemoration of the 15th Royal…

Direct sourceKuwaitThe Times Kuwait

UAE to host IMF, World Bank annual meetings in 2029↗

The International Monetary Fund (IMF) and World Bank Group signed an agreement with the United Arab Emirates on Sunday to hold their annual meetings in Abu Dhabi in October 2029. The signing ceremony took place in Bangkok at the conclusion of the 2026 annual meetings, attended by World Bank Group President Ajay Banga, IMF Managing … The post UAE to host…

Direct sourceKuwaitArab Times Kuwait

Kuwait Scraps Paper Vehicle Insurance↗

KUWAIT CITY, Oct 18: The Insurance Regulatory Unit (IRU) has ordered insurance companies to stop issuing paper documents for compulsory vehicle insurance, making the digital “Bima”...

Direct sourceKuwaitThe Times Kuwait

Kuwait issues four decrees to revoke citizenship of 12 people↗

Four decrees have been issued to withdraw the Kuwaiti citizenship from 12 people, according to notices published in the official gazette, Kuwait Al-Yawm. The first decree provides for the withdrawal of citizenship from three people, along with those who acquired citizenship through dependency on them. The second decree covers seven people and those who…

Direct sourceKuwaitThe Times Kuwait

Dar Al-Muhamah highlights maritime arbitration and trade security at Doha Summit↗

Dar Al-Muhamah participated in the International Maritime Arbitration Experts Summit and Conference held in Doha on October 11, 2026, highlighting the role of specialised legal expertise in supporting maritime trade stability and managing commercial disputes. Mubarak Al-Dosari, a partner at the law firm, represented Dar Al-Muhamah at the event. The…

Direct sourceKuwaitThe Times Kuwait

GTD road safety campaigns record 658 violations, impound 106 vehicles↗

The General Traffic Department recorded 658 traffic violations and impounded 106 vehicles during two enforcement campaigns targeting violations by public transport buses and dangerous driving practices on Kuwait’s main and express roads. The first campaign, conducted in the Hawalli Governorate, focused on public transport buses operating in violation of…

Direct sourceKuwaitThe Times Kuwait

Russia gets 60-day sanctions reprieve as Trump weighs economic fallout↗

US Secretary of State Marco Rubio said President Donald Trump’s decision to suspend sanctions and tariffs targeting Russia would provide a 60-day period to assess their potential impact on the global and US economies, amid mounting criticism in Washington and concern in Ukraine that the move could ease economic pressure on Moscow. Rubio said Saturday … The…

Direct sourceKuwaitThe Times Kuwait

Not every cough is a virus, Kuwait doctors urge autumn weather health precautions↗

Doctors have urged the public to take preventive measures as Kuwait transitions from summer to autumn, warning that changing temperatures, humidity and dust can aggravate allergies and asthma, while increased gatherings and the return to schools may facilitate the spread of respiratory infections. Preventive health physician Dr. Abdullah Behbehani said…

Direct sourceKuwaitThe Times Kuwait

Fahd Hamad Al-Ateeqi appointed Counselor at Court of Appeal↗

A decree has been issued transferring Counselor Fahd Hamad Al-Ateeqi to serve as a counselor at the Court of Appeal, effective September 6, 2026. The post Fahd Hamad Al-Ateeqi appointed Counselor at Court of Appeal appeared first on Times Kuwait .

Direct sourceKuwaitThe Times Kuwait

Egyptian, Iranian Foreign Ministers discuss efforts to curb regional tensions↗

Egyptian Foreign Minister Badr Abdelatty met with his Iranian counterpart, Abbas Araghchi, in Baghdad on Saturday to discuss efforts to reduce regional tensions, restore stability, and pursue diplomatic solutions to the ongoing crisis. The meeting took place on the sidelines of the 52nd session of the Organization of Islamic Cooperation (OIC) Council of…

Direct sourceKuwaitThe Times Kuwait

Research, innovation are key to water security and Kuwait Vision 2035, says Al-Muzaini↗

The Kuwait Water Association (KWA), represented by Eng. Heba Abbas, the Association’s Technical Adviser and Chair of its Sustainability Committee, and a member of the Executive and Technical Committees of the World Utilities Congress 2027, participated in an Executive Committee meeting held in Abu Dhabi. The meeting brought together senior executives,…

Direct sourceKuwaitThe Times Kuwait

French President Macron to arrive in Kuwait on Monday for official visit↗

French President Emmanuel Macron and his accompanying delegation will arrive in Kuwait on Monday for an official visit, during which he is scheduled to hold official talks with His Highness the Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah. The visit will provide an opportunity for the two leaders to hold discussions as part of the official … The post…

Direct sourceKuwait2:48AM

CZAR Teams Up with the World’s Top Perfumers↗

CZAR is a Kuwaiti perfume brand that was founded in 2018 and has since grown to more than 10 locations around Kuwait, including The Avenues and 360 Mall. One of the things I found interesting about CZAR is that they teamed up with some of the biggest names in the perfume industry to create their […]

Direct sourceKuwaitThe Times Kuwait

Kuwait expresses solidarity with Saudi Arabia, Turkey following tragedies↗

The Ministry of Foreign Affairs expressed Kuwait’s solidarity with Saudi Arabia following the crash of a helicopter belonging to the Saudi Ministry of National Guard in the Najran region, which resulted in the deaths of two officers serving as crew members. In a statement issued on Sunday, the ministry extended Kuwait’s sincere condolences and heartfelt ……

Direct sourceKuwaitThe Times Kuwait

Kuwait’s foreign assets exceed 600% of GDP, highest in Gulf, reinforces fiscal strength↗

KUWAIT CITY: Kuwait’s net sovereign foreign assets exceed 600 percent of gross domestic product (GDP), the highest ratio among Gulf countries by a significant margin, strengthening the country’s external financial position and its capacity to withstand economic shocks, according to Fitch Ratings. In its latest assessment of Gulf sovereign finances, Fitch…

Direct sourceKuwaitThe Times Kuwait

CAPT clears two KOC road maintenance tenders worth 37 million dinars↗

The Central Agency for Public Tenders (CAPT) has approved the award of two tenders to Kuwait Oil Company (KOC) for road network maintenance across its operational areas, with a combined value of 37.016 million dinars, according to the official gazette Kuwait Alyawm. The first tender, valued at 26.397 million dinars, covers three packages for road … The…

Direct sourceKuwaitThe Times Kuwait

Two died in military helicopter crash in Saudi Arabia↗

The Saudi-led Coalition to Restore Legitimacy in Yemen said that a reconnaissance helicopter belonging to the Saudi National Guard crashed in Najran area, southwest Saudi Arabia, on Sunday early morning. Spokesman of the Coalition Major-General Staff Turki Al-Maliki confirmed in a statement that two crew members of the AH-6i plane were martyred. Source:…

Direct sourceKuwaitThe Times Kuwait

Kuwait lifts poultry import ban on seven countries↗

The Ministry of Commerce and Industry has issued nine decisions revising Kuwait’s import restrictions on poultry meat, poultry products and table eggs, lifting bans on supplies from seven countries and several regions in the United States and France while imposing new restrictions on areas affected by highly pathogenic avian influenza (HPAI). The seven…

Direct sourceKuwaitThe Times Kuwait

Kuwait Exempts 21 Int’l Jewelry Brands From Precious Metal Hallmarking↗

The Ministry of Commerce and Industry has approved hallmarking exemptions for imported precious metal products bearing the hallmarks of 21 international jewelry brands, under regulations governing the verification and marking of imported precious metals and related products. The approval was issued in accordance with Ministerial Resolution No. 165 of 2019,…

Direct sourceKuwaitThe Times Kuwait

First round of ‘Inspire Kuwait’ championship concludes at Kuwait Motor Town↗

The opening round of the Inspire Kuwait International Open Roll Race Championship concluded Saturday at Kuwait Motor Town in Arifjan, south of the country, with winners crowned across 11 distinct categories. Organized by the Kuwaiti Inspire Club for Cars and Motorcycles as part of the Kuwait Youth and Sports Season, the event featured acceleration and ……

Direct sourceKuwait2:48AM

LG in Kuwait has a New Dealer↗

Looks like we are finally getting a new LG dealer. According to a press release, Al Mulla Electronics will serve as an authorised distributor in Kuwait for LG Electronics. This is pretty good news since LG make some good products (TVs for example) but for the past few years their products have been difficult to […]

Direct sourceKuwaitThe Times Kuwait

CSC sets Oct 20 deadline for govt employees to update academic qualifications↗

The Civil Service Commission has set October 20 as the final deadline for government agencies to complete the updating of their employees’ academic qualification records, warning that access to the updating system will be withdrawn after the deadline and that non-compliant employees could face legal and administrative measures, including investigations and…

Direct sourceKuwaitThe Times Kuwait

Violent clashes, looting rock French cities as political leaders trade blame over unrest↗

Violent clashes between protesters and police forces, accompanied by widespread looting and arson, erupted across several French cities Saturday, triggering a fierce exchange of political accusations over responsibility for the turmoil and the state’s security tactics. According to media reports, around 500,000 people organized by trade unions and social…

Direct sourceKuwaitThe Times Kuwait

19 Dead, 25 Injured in Kolkata Durga Puja Pandal Stampede↗

At least 19 people, including 13 women and a child, died, and 25 were injured in a stampede at a popular Durga Puja pandal in North Kolkata, India on Saturday evening. “Yesterday (17/10/26), at around 19:40 hrs, a stampede occurred at the exit gate of the Sarada Park (Chor Bagan) Puja Pandal in the Girish … The post 19 Dead, 25 Injured in Kolkata Durga…

Direct sourceKuwaitArab Times Kuwait

Kuwait, India boost medical ties↗

KUWAIT CITY, Oct 17: Minister of Health Dr. Ahmad Al-Awadhi emphasized that medical conferences provide a valuable platform for experts to exchange knowledge, discuss scientific ev...

Direct sourceKuwaitArab Times Kuwait

Gulf financial buffers face test amid turmoil↗

KUWAIT CITY, Oct 17, (Agencies): Kuwait has welcomed a presidential statement by UN Security Council members condemning the continued and escalating Houthi attacks against Saudi Ar...

Direct sourceKuwaitThe Times Kuwait

EPA participates in Leaders’ Summit (COP 17) in Armenia↗

The Environment Public Authority (EPA) participated in the Leaders’ Summit (COP 17), held on the sidelines of the United Nations Biodiversity Conference in Yerevan, Armenia, on Friday. Speaking to KUNA on Saturday, Acting Director General of the EPA Nouf Behbehani said the participation underscored Kuwait’s interest in environmental and sustainability…

Direct sourceKuwaitThe Times Kuwait

Alghanim Industries brings global expertise into group boardroom↗

Qutaiba Alghanim chairs board bringing together regional and international expertise across banking, energy, investment and corporate governance Alghanim Industries, one of the region’s largest private-sector companies, has announced the formation of the Group’s Board of Directors, chaired by Executive Chairman Qutaiba Yusuf Ahmed Alghanim, in a strategic…

Direct sourceKuwaitThe Times Kuwait

Kuwait tightens animal ownership rules↗

The Times Kuwait Report From dog registration and rabies vaccinations to importing pets and operating animal shelters, Kuwait’s regulatory framework places responsibility on owners and animal-care operators to protect public health, ensure proper care and prevent neglect. Kuwait’s renewed focus on animal ownership and care has brought licensing, veterinary…

Direct sourceKuwaitThe Times Kuwait

Children’s rights are not a family matter when silence over abuse becomes a failure of protection↗

By Sheikha Suhaila Al-Sabah Managing Editor When a child is harmed within the family, the incident may be dismissed as a “family matter.” However, a child’s safety and dignity are not private concerns that can be concealed behind closed doors. The law protects children, and society has a responsibility to remain alert to anything that … The post Children’s…

Direct sourceKuwaitThe Times Kuwait

The Invisible Shareholder: Can Foreign Nominee Arrangements Conceal the Beneficial Owner of a Kuwaiti Company?↗

By Legal Counsel Suha Alsahli Emtithal Law Firm A Kuwaiti company may accurately disclose its registered shareholders and still fail to identify the individual who ultimately owns or controls it. This possibility is specifically addressed in Kuwait’s guidance on beneficial ownership dated August 2026, particularly where a Kuwaiti company is partly owned by…

Direct sourceKuwaitThe Times Kuwait

Kuwait tightens grip on commercial concealment, violators face up to KD100,000 in fines↗

The Times Kuwait Report Kuwait is preparing to impose a tougher legal framework on businesses operating through concealed ownership arrangements, warning that individuals who use another person’s commercial license to run an unauthorized business could face imprisonment, substantial financial penalties and the permanent closure of their establishments.…

Direct sourceKuwaitThe Times Kuwait

Kuwait oil price down by $1.04 to $103.13 per barrel↗

The price of Kuwaiti oil fell by $1.04 to $103.13 per barrel in Friday’s trading, compared to $104.17 per barrel on Thursday, Kuwait Petroleum Corporation (KPC) said on Saturday. On global markets, Brent crude went up by $3.94 to $109.86 per barrel, and US West Texas Intermediate rose by $3.44 to $101.41 per barrel. Source: … The post Kuwait oil price down…

Direct sourceKuwaitThe Times Kuwait

Gulf economies better positioned to withstand Gulf War fallout, says IMF↗

The International Monetary Fund (IMF) has said economic reforms and precautionary measures adopted by Gulf Cooperation Council (GCC) countries have strengthened their ability to withstand the economic repercussions of the US-Iran war and the wider regional turmoil. Speaking at a joint press briefing during the annual meetings of the IMF and World Bank…

Direct sourceKuwaitThe Times Kuwait

Kuwait takes part in Iraq-hosted 52nd session of OIC foreign ministers council↗

The 52nd session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC) began Saturday in Baghdad, with the participation of Kuwait. The delegation is headed by the Permanent Representative to the OIC and Consul General of Kuwait in Jeddah, Yousef Al-Tunaib. The two-day session held under the theme “Dialogue and Solidarity: ……

Direct sourceKuwaitThe Times Kuwait

Oil tanker hit by unidentified projectile off Saudi Arabia’s Jubail coast↗

A tanker was struck by an unidentified projectile 68 nautical miles northeast of Jubail, Saudi Arabia, on Friday, the United Kingdom Maritime Trade Operations (UKMTO) said on Saturday. All crew members were reported safe and had been evacuated following the incident, while no environmental impact had been reported, according to the British maritime…

Direct sourceKuwaitThe Times Kuwait

Kuwait takes humanitarian mission abroad, delivers homes, healthcare and education↗

Kuwaiti charity organisations are expanding their humanitarian reach across vulnerable communities overseas, combining emergency relief with long-term investments in housing, healthcare, education and access to safe water. Through projects designed to address both immediate needs and the underlying challenges facing disadvantaged communities, these…

Direct sourceKuwaitThe Times Kuwait

Foreign investment in Kuwait’s listed banks drops 12.5% to 4.535b dinars by Q3 end↗

Foreign investments in Kuwait-listed banks fell to 4.535 billion dinars ($13.967 billion) by end-Q3 2026, down from 5.182 billion dinars ($15.960 billion) at end-2025. A report by Al-Shall Consulting Company issued Saturday indicated that a 12.5 percent decline in foreign investments in listed Kuwaiti banks, exceeding the banking sector index’s drop. These…

Direct sourceKuwaitThe Times Kuwait

Nearly 400 merchant ships sailed through Hormuz Strait last week, says Adm Cooper↗

Commander of US Central Command Admiral Brad Cooper, updating on the effects of CENTCOM’s efforts against Iran on Friday, said that about 400 merchant ships sailed through the Strait of Hormuz last week. “When US forces conducted major combat operations during Epic Fury earlier this year, we significantly degraded Iran’s ability to project power far … The…

Direct sourceKuwaitThe Times Kuwait

Kuwait passport ranks third among 22 Arab League states↗

Kuwait’s passport ranks third among 22 countries in the Arab League passport ranking, according to Passport Reports in this report dated 13 October 2026, while standing 85th worldwide. The United Arab Emirates leads the Arab League comparison, followed by Qatar in second place. Kuwait comes next, ahead of Saudi Arabia in fourth. The grouping compares … The…

Direct sourceKuwaitThe Times Kuwait

Kuwait secure 6 medals at UAE Freestyle Skiing Championships↗

Kuwait’s national ski team won three gold medals and three silver at the UAE Freestyle Skiing (Freeski FIS) championships. The event, held in Dubai on October 14-16 under the auspices of the International Ski and Snowboard Federation (FIS), saw Salil Al-Abdullah and Safaa Al-Abdullah winning two golds and two silvers in the Style category. They … The post…

Direct sourceKuwaitThe Times Kuwait

AI reshapes India’s workplace, young workforce faces new reality↗

Artificial intelligence is transforming India’s workplaces, helping employees complete tasks faster and improve productivity while raising important questions about employment, professional skills and the future of entry-level jobs. From journalism and business management to law and software development, AI tools are increasingly being used to research…

Direct sourceKuwaitThe Times Kuwait

CJP founder Dipke to face SEM Court; student leader Neha Bora released↗

Cockroach Janata Party (CJP) founder Abhijeet Dipke is set to be produced before a Special Executive Magistrate (SEM) court in Delhi following his arrest under preventive provisions ahead of the “Lehra Do Tiranga” protest at Connaught Place on October 16. Delhi Police initiated action against Dipke under Sections 126 and 170 of the Bharatiya Nagarik … The…

Direct sourceKuwaitThe Times Kuwait

KPA hosts third conference on pharmaceutical advancement↗

The Kuwait Pharmaceutical Association (KPA) held its third “Kuwait Conference for Pharmaceutical Advancement” on Friday, with health officials and international experts in attendance. Dr Ahmed Taqi, President of the Association, said the conference aims to exchange expertise, explore new pharmaceutical developments, and advance the field in Kuwait. He said…

Direct sourceKuwaitThe Times Kuwait

Pope Leo XIV recovers after lung surgery↗

Pope Leo XIV is making steady progress following lung surgery and is preparing for his first public appearance since the operation, with the Vatican announcing that he is expected to deliver the traditional Angelus Prayer on Sunday. Photographs released by the Vatican on Friday showed the 71-year-old pontiff celebrating Mass at Rome’s Gemelli Hospital,…

Direct sourceKuwaitArab Times Kuwait

Kuwait to Experience Hot, Humid Weather↗

KUWAIT CITY, Oct 17: Kuwait is expected to experience hot and humid weather on Saturday, particularly in coastal areas, with a chance of light fog developing in some areas during t...

Direct sourceKuwaitThe Times Kuwait

Global culinary excellence takes centre stage at World Culinary Awards 2026↗

The world’s finest restaurants, celebrated culinary destinations and innovative hospitality brands have received international recognition at the 2026 World Culinary Awards, highlighting the growing role of gastronomy in shaping travel experiences and attracting visitors from around the globe. Held at Princess Grand Jamaica, the seventh annual World…

Direct sourceKuwaitThe Times Kuwait

Four Asian nationalities account for 86.1% of Kuwait’s domestic workers↗

Four Asian nationalities account for 86.1 percent of Kuwait’s domestic workforce, with Indian, Sri Lankan, Filipino and Bangladeshi workers collectively numbering 760,744 out of a total of 883,308, according to statistical data released by the Public Authority for Civil Information (PACI). The Indians form the largest group, with 344,532 domestic workers,…

Direct sourceKuwait2:48AM

Good luck getting an iPhone Duo in Kuwait↗

Yesterday pre-orders for the iPhone Duo went live and if you were hoping to get one in Kuwait, you’re out of luck. From what I was told, the quantities of iPhone Duo’s provided to local authorized Apple Resellers was extremely low which is why some stores canceled pre-orders all together. Even the US Apple website […]

Direct sourceKuwaitThe Times Kuwait

Kuwait banks have strong liquidity, capital buffers to sustain economic growth↗

• Al-Marzouq says robust capital buffers, prudent risk management and strong regulatory oversight underpin banks’ resilience and lending capacity Kuwait’s banking sector maintains strong financial positions, high liquidity levels and solid capital adequacy, reinforcing its ability to withstand economic and financial challenges while continuing to finance…

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