KUWAIT: Al Ahli Bank of Kuwait – Egypt (ABK-Egypt), reported strong Q1 2025 financial results with Net Profit standing at EGP 1.3 billion, reflecting an increase of 42.3 percent for March 31, 2025 ...

Head of Digital Communications at National Bank of Kuwait (NBK), emphasized the bank’s integral role in supporting the nationwide banking awareness campaign “Let’s Be Aware” (Diraya), launched by the ...

The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print ...

(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, May 31 (KUNA) -- The Central Bank of Kuwait has supplied the local banks with new edition of the Kuwaiti currencies of all banknotes to meet clients ...

The Central Bank of Kuwait (CBK) announced that Kuwait Clearing Company (KCC) has now joined the Real Time Gross Settlement System (KASSIP), “effective Sunday 24/12/2023 upon completion of ...

The Central Bank of Kuwait has asked the banks operating in Kuwait to provide it with the latest developments on the establishment of the central room that will be dedicated to dealing with cases of ...

How can the Central Bank of Kuwait (CBK) improve the local ecosystem for banking innovation, and how does this tie in with New Kuwait 2035? AL HAROON: Embracing digitalisation is key to modernising ...

The Central Bank of Kuwait (CBK) introduced new guidelines in February 2022 for establishing digital banks. These regulations reflect Kuwait’s efforts to support banking innovation for future economic ...

Kuwait's discount rate increased by 0.50 per cent from 3 per cent to 3.50 per cent as of December 7, according to a statement issued by the Central Bank of Kuwait on Tuesday. Governor Basel Al ...

The Central Bank of Kuwait said it will increase its discount rate by 50 basis points to 3.5 percent as of Wednesday. A high discount rate tends to lead to an increase in other interest rates, as it ...

KUWAIT CITY, June 15, (Agencies) : The Central Bank of Kuwait (CBK) will raise the discount rate by 0.25 per cent from 2.00 per cent to 2.25 per cent as of Thursday. The CBK also decided to change the ...