Category: Business

CBK: Kuwait money supply up 0.3 pct. to KD 39 bln

Central Bank of Kuwait (CBK) announced Thursday that the broad money supply (M2) went up by 0.3 percent last May to settle at KD 39.6 billion (around USD 130.6 billion).Local banks’ private sector deposits increased by 0.6 percent to settle at KD 36.2 …

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New Global Financing Pact Summit kicks off in Paris

The Summit for a New Global Financing Pact kicked off on Thursday in Paris, with Kuwait’s participation to discuss crisis financing for low-income countries.The Kuwaiti delegation, headed by Minister of Finance Manaf Al-Hajeri, as representative of His…

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Minister: Jordan looks for more Iraqi investments

Minister of Investment Kholoud Saqqaf said Tuesday Jordan is looking forward to more Iraqi investments in the Kingdom and to expand existing capital toward building fruitful economic partnerships that benefit both countries. She said Iraqi investments…

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