November 29, 2021

CBK issues KD 360 mln in tawarruq, bonds

Central Bank of Kuwait (CBK) announced, Monday, the issuance of bonds and tawarruq valued at KD 360 million (approx. USD 1.19 billion).CBK stated to KUNA that the issue’s maturity period is six months, with a return rate of 1.250 percent.On the 15th o…

Export Bahrain, talabat signs agreement

Manama, Nov. 29 (BNA): Export Bahrain and talabat have signed a region-wide agreement to facilitate the export of Made-in-Bahrain products throughout the MENA region with the aim of improving trade and business for SME exporters based in Bahrain throug…

KCB mourns founder Abdulaziz Al-Dousari

– Kuwait Credit Bank (KCB) mourned, Monday, the passing of its founder and first managing director Abdulaziz Al-Dousari who managed the bank from 1960-1969.Bank deputy chairman and managing director, Salah Al-Mudhaf, mentioned in statement that Al-Dous…