Latest articles from Kuwait

Positive signs on the path to economic harmony

July 1, 2008

Sheikh Salem Abdulaziz Al-Sabah, governor of the Central Bank of Kuwait, discusses the latest financial developments in Kuwait with Stephen Timewell.

Boomtowners look beyond borders

July 1, 2008

Kuwait’s booming economy is heavily oil dependent, but banks are beginning to look outside the country to strengthen operations and diversify their offer, Stephen Timewell reports from Kuwait.

Kuwait’s direct action holds useful lessons

June 2, 2008

Targeted intervention, such as that imposed on borrowing limits by Kuwait, could work in other problem areas of banking.

Enter the challengers

July 4, 2007

Competition remains controlled but foreign players are finally getting their feet in the door, adding healthy variety to Kuwait’s banking sector, writes Nadine Marroushi.

Legislative deadlock hampers development

July 4, 2007

One of the richest Gulf states, parts of Kuwait’s economy are booming, but politics and bureaucracy still hold back growth, write Nadine Marroushi and Jon Marks.

‘Father of all banks’ keeps his patience

October 2, 2006

Central bank governor Sheikh Salem remains positive about Kuwait’s prospects of becoming a financial centre… eventually. Karina Robinson talks to him.

Kuwait in the comfort zone

August 7, 2006

Huge oil revenues place Kuwait in an economic comfort zone that helps to diminish political tensions, while Kuwaiti banks are looking across the region for opportunities, writes Eleanor Gillespie, with Jon Marks.

Kuwait

January 2, 2006

National Bank of Kuwait
Ibrahim S. Dabdoub, CEO

Central Banker of the Year/ Middle East

January 2, 2006

Sheikh Salem Abdul Aziz Al-Sabah Governor, Central Bank of Kuwait

Mood of confidence permeates the market

November 7, 2005

Foreign banks are arriving in Kuwait at last, just as the Bank of Kuwait and Middle East takeover signals the domestic market’s renewed attraction, writes Paul Melly.
On October 2, HSBC Middle East became the second foreign bank to open its doors in Kuwait under the pilot liberalisation programme developed by the authorities in the past year.

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