Kuwait slams Zionist war crimes

Kuwait reiterated Tuesday that the Zionist occupation is deliberately adopting a collective punishment approach and committing war crimes against humanity in Gaza Strip, which is in continuous and deliberate violation of the United Nations Charter, international law and international humanitarian law. The remarks were made in a speech delivered by Second Secretary Fahad Al-Ajmi of […]

“Kuwait Real Estate” achieves 9.9 million dinars in profits in 9 months

The Board of Directors of the Kuwait Real Estate Company announced the company’s financial results for the nine months of 2023, The results showed that the company achieved profits amounting to 9.9 million dinars during the period, compared to 5.6 million dinars for the same period of the year 2022. Earnings per share increased to […]

Kuwait slams Zionist massacres

Kuwait’s ministry of foreign affairs expressed Saturday Kuwait’s condemnation of the continued barbaric aggression by the Zionist occupation forces against civilians in the Gaza Strip. The ministry renewed Kuwait’s condemnation of the horrific massacres that recently targeted some schools and universities, including of the United Nations Relief and Works Agency for Palestine Refugees in the […]

Kuwait Fund joins UN in celebrating UN Day

Under the auspices and attendance of Minister of Foreign Affairs, Chairman, Board of Director of Kuwait Fund for Arab Economic Development His Excellency Sheikh Salem Abdullah Al-Jaber Al-Sabah, Kuwait Fund took part in UN Day celebration, organized by UN House in Kuwait on October 30th 2023. The event also celebrates the 60th anniversary of the […]

Kuwait slamsZionist crimes,displacement

Kuwait has underlined that the Zionist occupation’s war crimes against Palestinians under the pretext of “self-defense” show disregard for the relevant UN resolutions and the international law. The international community must immediately intervene and hold the Zionist occupation accountable for its blatant war crimes and continued violations of international law, said Diplomatic Attache Reem Al-Sharhan, […]

ABK Group reports KD 32.6 million net profit for first 9 months of 2023

Al-Ahli Bank of Kuwait (ABK) is pleased to announce strong financial results for the nine-month period ended Sept 30, 2023. The Bank has demonstrated exceptional performance, reflecting its resilience and commitment to customers and stakeholders. Net profit reached KD 32.6 million, a 19 percent increase compared to the previous year, demonstrating ABK’s ability to navigate […]

Gulf Bank beginscapital increase subscription process

Gulf Bank is commencing the subscription process today, October 29, 2023, for the increased issued and paid-up capital of KD 26.1 million. Subscriptions will be open for a two-week period, concluding on Sunday, November 12, 2023. Gulf Bank has received approval from the Central Bank of Kuwait and the Capital Markets Authority, to enhance its […]

Zain and KFAS sign MoU to promoteinnovation, empower local startups

 In a new step that reflects their unwavering efforts to support and grow the innovation and entrepreneurship ecosystems in the community, Zain and the Kuwait Foundation for the Advancement of Sciences (KFAS) have announced signing a memorandum of understanding. The two organizations are joining forces to accelerate capacity building, upskill national talents in the private […]