Category: Business

CBK announces new bonds, tawarruq worth KD 200 mln

The Central Bank of Kuwait (CBK) announced Monday news bonds and related tawarruq valued at KD 200 million (USD 600 million).

In a statement to KUNA, the CBK said that the securities bear a 4.375 percent rate with a three-month maturity rate.

Sourc…

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Qatar Participates in General Session of IDB Governors

The State of Qatar’s delegation participated in the plenary session of the 49th annual meeting of the Board of Governors of the Islamic Development Bank (IDB), held in Riyadh, Kingdom of Saudi Arabia.

The delegation was headed by HE Minister of Finan…

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CBK: USD drops to KD 0.307, Euro at KD 0.330

The exchange rate of the US dollar on Monday dropped 0.08 percent against the Kuwaiti dinar trading at KD 0.307 and the euro rose by 0.23 percent to KD 0.330 compared to Sunday’s rates.

The Central Bank of Kuwait (CBK) said on its daily bulletin that…

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