Central Bank Of Kuwait is a Kuwait-based bank and operates as the Central Bank of the country. The Bank's operational objectives are: To issue the national currency (Kuwaiti Dinar) on behalf of the ...

Purchase price of the transaction settled at $190 million; Acquisition expected to be completed in the first quarter of 2025 ...

Step-by-Step Account Restrictions In response to the Ministry’s directive, the Central Bank of Kuwait has instructed all ...

The Gulf’s oil and gas exporters generally follow the Fed’s lead on rate moves, as most regional currencies are pegged to the ...

Burgan Bank announced that it has obtained the final approval from the Central Bank of Kuwait (CBK) to acquire 100% stake in ...

The Bank further highlighted that scammers are becoming more advanced, expertly replicating the design and branding of ...

Fast forward to February 2022, the Central Bank of Kuwait (CBK) announced that it will start receiving applications for digital bank licenses between the months of February and June of 2022, a ...

Tourism in Kuwait is thriving, with official data from the Central Bank of Kuwait revealing that visitors spent approximately ...

Kuwait has renewed a $2 billion deposit with Egypt for an additional year, the Central Bank of Egypt (CBE) said in its latest external report. The deposit, scheduled to be due in April 2024 ...

In a separate statement released on Wednesday, the Central Bank of Kuwait said it "has adopted a gradual and balanced approach in adjusting the discount rate," noting it had cut its discount rate ...