General

KFH Issues USD 850 Million AT1 Mudaraba Sukuk Amid High Demand

Doha: Kuwait Finance House (KFH) has successfully issued a USD 850 million additional tier 1 Mudaraba Sukuk.

According to Kuwait News Agency, the issuance witnessed significant demand, with subscription orders exceeding USD 1.7 billion, surpassing …

Kuwait Civil Aviation Resumes Flights as Weather Improves

Kuwait city: Kuwait’s Public Authority for Civil Aviation (PACA) announced on Friday that flights will resume at Kuwait International Airport starting at 7:45 am local time due to improved weather conditions and increased horizontal visibility.

Acc…

Malawi Extends “State of Disaster” Amid Drought

Rabat: Malawi’s President Arthur Peter Mutharika on Friday declared the extension of the “state of disaster” throughout the country’s 48 districts due to an acute food shortage resulting from a protracted drought. The president, who in October declare…