Latest articles from Kuwait

Kuwait progresses towards Islamic banking vision

Kuwait progresses towards Islamic banking vision

April 1, 2014

Islamic banking already has a strong presence in Kuwait. With a number of innovative lenders competing in the sector, and support and regulatory oversight from the country's central bank, it looks as though the industry can only become a more prominent fixture on the country's financial landscape.

Will Kuwait dig deep to realise energy potential

Will Kuwait dig deep to realise energy potential?

April 1, 2014

Kuwait may lay claim to more than 5% of the world's total oil reserves, but without the expertise and equipment needed to tap into the bulk of this, and with strict rules prohibiting foreign help, the country is struggling to realise its energy potential.

Competition hotting up in resurgent Kuwaiti banking sector

Competition hotting up in resurgent Kuwaiti banking sector

April 1, 2014

With performance starting to pick up again in the Kuwaiti banking sector, and strong growth potential both in the domestic market and in neighbouring Iraq, the small country is finding itself the focus of a growing number of lenders, with competition among them growing fierce.

Kuwait looks to build on firm foundations

Kuwait looks to build on firm foundations

April 1, 2014

Steadily rising oil prices, a stable economy and the implementation of the National Development Plan are causing ripples of optimism in Kuwait, as the country looks to build on the slow progress it has been making in recent years.

Kuwait's upgraded exchange gears up for more business

April 1, 2014

With a greatly increased technological capacity and a new external regulator increasing transparency, hopes are high that there will soon be a healthy pipeline of deals for the Kuwait Stock Exchange.

Mohammad Al-Hashel

Kuwait's CBG pushes optimistically ahead

April 1, 2014

With the country's well-capitalised banking sector set to transition smoothly to Basel III standards and a positive macroeconomic outlook, central bank governor Mohammad Al-Hashel is able to concentrate on Kuwait's longer term prospects. He tells The Banker how he expects more growth in the Islamic banking sector and an increase in government spending, both of which will prove beneficial to the country's economy.

Kuwait governor's Islamic finance agenda

February 14, 2014

Kuwait’s central bank governor Mohammad al-Hashel is at the forefront of new thinking on Islamic finance.

Gulf sovereign wealth funds

Gulf SWFs look to move with the times

October 1, 2013

The Gulf’s sovereign wealth funds have grown in size and influence, adapting to market forces and taking advantage of the global financial crisis. But just how are they generating returns in the current economic climate?

Mohammad Al-Hashel

Kuwait central bank governor takes prudent approach

April 2, 2013

Mohammad Al-Hashel is settling into his role as Kuwait’s central bank governor, taking over responsibility for a banking sector that is well capitalised and highly liquid. 

The Kuwait Towers symbolise modern Kuwait and its forward-looking approach  to the rest of the world

Kuwaiti banks look to international markets for growth

April 2, 2013

Kuwait’s banks are looking to external markets as they pursue growth, a strategy that has the potential to strengthen Kuwait’s economic relationships with the countries in which it operates.  

FREE trial access to Top 1000 World Banks

Join our community

Global Risk Regulator

The Banker on Twitter

By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them.