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National Bank of Kuwait

National Bank of Kuwait latest

Oil Prices Swing, Affected by Global Economy Slowdown
November 14th, 2019 - 07:50 GMT

Oil Prices Swing, Affected by Global Economy Slowdown

Oil prices returned to the normal with the end of the first week of November due to concerns over the growth of the global economy and the increase of oil supply. The last trading of Brent crude was at USD62.5 per barrel, which is a rise of 16.2 percent since the beginning of the year. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-2…","video_id":"2f074372-b3fa-4f9f-8191-57992d2241ce","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"10 Highest Average Cappuccino Prices Around the World"} The trading relapsed from its highest score ...
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Sheikha Lubna Al Qasimi is the UAE's first female minister at the Ministry of Trade and is known for helping to expand UAE's international trade and commercial ties (Courtesy of CNN)
January 5th, 2014 - 10:47 GMT

How women are transforming "doing business" in the Middle East

Kuwait's crude oil sales could generate a budget surplus for the Gulf country estimated at $42.4 billion (File Archive/Shutterstock)
December 19th, 2013 - 10:57 GMT

Need an extra $42.4 billion? For this Gulf country, this surplus is a real possibility in 2014

Year-on-year, the sector’s debt to the domestic banking sector shrank by 19 per cent.
December 11th, 2013 - 03:55 GMT

Mashallah! Kuwait's credit hits 5-year high

Kuwait's National Bank says the country's inflation rate will reach 2.6 percent by the end of the year (Shutterstock)
December 8th, 2013 - 11:31 GMT

Nothing big about Kuwait's inflation as rate reaches 9-year low

NBK cautioned that over the next year or so, the trade balance could shrink a little: oil markets could loosen, putting downward pressure on prices or encouraging OPEC
December 3rd, 2013 - 03:55 GMT

Kuwait's trade surplus makes a jump from 6 to 21 billions dollars

Share of the oil sector to the Kingdom’s GDP dropped from 29.5 percent to 22.2 percent in the two periods, which is a good indication that the Saudi economy has been increasingly supported by the private and nonoil sectors.
September 24th, 2013 - 09:28 GMT

Say what? Saudi's GDP reached SR 2.66 trillion in 2012

The spending has also received support from steady employment growth, especially among Kuwaiti civilians (Photo credit: tradearabia).
September 22nd, 2013 - 08:28 GMT

Kuwait consumers doing what they do best- borrow and spend

The NBK pointed out that the investment sector sales totaled KD176 million in July, almost double the amount seen a year earlier.
September 8th, 2013 - 07:33 GMT

Kuwait's real estate and investment sectors booming to record levels

QNB Group, the largest GCC bank by assets, is the only Qatari bank in the top ten list and was the fastest growing bank with total assets expanding by 30 percent in the 12 months to end-June 2013.
September 1st, 2013 - 07:38 GMT

Top ten GCC banks among the fastest growing globally

The non-financial sector (NFS) saw issuance increase threefold in 1H13, jumping $6.7 billion to $10.1 billion, its highest level ever.
August 14th, 2013 - 11:44 GMT

Non-financial sector debt issuance in the GCC at 'highest level ever'

Real estate sales in the month of June in Kuwait increased by 27 per cent year-on-year, to reach KD339 million ($1.18 billion), an NBK report said.
August 7th, 2013 - 08:18 GMT

High Demand, High Liquidity: Kuwait's real estate sales reach $1.1 Billion in June

The budget is expected to have recorded a massive surplus as oil prices averaged a record $107 per barrel for the fiscal year
July 21st, 2013 - 05:56 GMT

Kuwait may boast budget surplus

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