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Currency News

US dollar steadies against Kuwaiti dinar

05 Feb 2018 00:00Kuwait News Agency
KUWAIT, Feb 5 (KUNA) -- The US dollar steadied at KD 0.299 and the euro stabilized at KD 0.373 on Monday, the Central Bank of Kuwait (CBK) said. The sterling pound dropped to KD 0.422, the Swiss franc remained unchanged at KD 0.321 as well as the ... more

Embassy in Kuwait not prepared, leads to chaos

30 Jan 2018 00:22Times of India
It is learnt that embassy officials were coming out to receive the applications or give the forms at regular intervals but for a situation like this, anticipated as it was, the workers had expected better arrangements. more

KUNA main news for Sunday, Jan 21, 2018

21 Jan 2018 07:18Kuwait News Agency
... the international donor conference to rebuild Iraq, to be hosted by Kuwait next February adds to Kuwait's bright image and would further bolster bilateral ties between Kuwait and Iraq. more

Today in Kuwait's History

05 Jan 2018 00:11Kuwait News Agency
The political daily, whose board and editorial department are chaired by Bibi Al-Marzouq, was the sole Kuwaiti newspaper that continued publication during the Iraqi occupation from Cairo. more

UPDATE 1-Kuwait stands alone in region as it keeps interest rate on hold ...

13 Dec 2017 15:22Reuters
That helped the spread of the three-month Kuwait interbank offered rate over the U.S. dollar London interbank offered rate shrink to just 18 basis points from 69 bps at the start of this year. more

Kuwait's interior ministry warns traffic violators

28 Oct 2017 07:56gulfnews.com
Violating cars will be impounded for two months and drivers will pay 10 Kuwaiti dinars for towing the vehicle and one Kuwaiti dinar per day during the impoundment period of the vehicle, the ministry added. Article 209 of the traffic law allows the ... more

New realities push transformation of Gulf financial markets

27 Oct 2017 23:52Gulf Business News
The GCC countries' main revenue is in USD (oil), which has enabled them to keep local currencies pegged (with the exception of the Kuwaiti dinar). With budget surpluses largely stemming from this strong oil revenue, debt securities - especially ... more

Omantel offers to acquire further 12% of Zain in $960M deal

09 Oct 2017 03:15The National
... intent on Sunday with Kuwait-based Al Khair National, a Kharafi Group company to acquire the latter's 12.17 per cent shareholding in Zain, it said in a statement on the Muscat Securities Market on Monday. more
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