Business

KFH sells 18.18 pct stake in Sharjah Islamic Bank

Kuwait Finance House (KFH), better known as Baitak, announced Thursday that the KFH Group’ entire stake in the UAE’s Sharjah Islamic Bank amounting to 588,304,755 shares of the bank’s total shares (representing 18.18 percent), has been sold.

The sta…

Kuwait Finance Min. meets IMF, WBG officials in Washington

Kuwaiti Minister of Finance, Minister of State for Economic and Investment Affairs, and Acting Minister of Oil Nora Al-Fassam held several meetings on Wednesday with officials from the International Monetary Fund (IMF) and the World Bank Group (WBG) …

Kuwait eager to diversify its economy – Min.

The State of Kuwait is eager to diversify its income and enhance regional and international partnerships to achieve the Kuwait vision 2035 goals.

The remarks came in a statement by Minister of Finance, Minister of State for Economic Affairs and Inve…

Kuwait Capital Market Authority earns ISO certificate

Kuwait Capital Market Authority declared on Wednesday that it had earned the international standardization certificate (ISO/IEC) in the realm of information technology services.

The authority said in a statement that this achievement would contribute…