Kuwait Issues USD Benchmark Bond in 3, 5, 10-Year Tranches
Kuwait Issues USD Benchmark Bond to Raise Global Funds Kuwait has officially announced a plan to issue a new USD benchmark bond. The country will raise funds through a multi-tranche…
Kuwait Launches 1.1GW Solar Project at Shagaya Energy Park
Kuwait Moves Ahead with 1.1GW Solar Project in Shagaya Kuwait has taken a big step towards clean energy. The country has issued a Request for Proposal (RFP) for a large…
EDGE Kuwait Defence Contract: Record Deal for Warships
UAE’s EDGE Wins Big Contract from Kuwait EDGE, a top defence and tech company in the UAE, has signed a huge deal with Kuwait. This AED 9 billion (US$2.45 billion)…
Al Ansari Buys BFC Group to Grow in More Countries
Al Ansari Expands Reach with $200 Million Deal to Acquire Bahrain’s BFC Group In a major move to grow its business, Al Ansari has completed a $200 million deal to…
EFG Hermes Targets Saudi and Kuwait IPOs, ABBs for Growth in Coming Months
EFG Hermes Targets Saudi and Kuwait IPOs, ABBs in 2025 Strong Start to 2025 with $575.7 Million Raised EFG Hermes kicked off 2025 with three successful IPOs, raising a total…
Kuwait to Approve Key Contract for Smart City Project in 2025
Kuwait to Award South Saad Al-Abdullah City Consultancy Contract in Q2 2025 A Major Step Toward Urban Development Kuwait’s Public Authority for Housing Welfare (PAHW) plans to award a key…
Kuwait Oil Price Drops Amid Global Market Uncertainty
Kuwait oil price fell by $1.18, settling at $73.02 per barrel. In contrast, Brent crude rose by 16 cents to $69.46 per barrel, and West Texas Intermediate (WTI) increased by…
GCC Income Market Sees $148B in Primary Issuances
GCC Income Market Sees Strong Growth in Primary Issuances Surge in GCC Issuances Drives Market Expansion The GCC income market saw $147.9 billion in bond and sukuk issuances through 296…