While Russia's invasion of Ukraine has boosted oil prices to multi-year highs, production constraints will constrain the benefit Kuwait enjoys. John Everington reports.
Middle East
Latest articles from Kuwait
Kuwaiti banks’ ROA hit by oil price drop
November 4, 2021National Bank of Kuwait, the largest bank in the country, saw return on assets fall to 0.87% in 2020.

Kuwait central bank hopes for swift post-pandemic recovery
April 1, 2021Central Bank of Kuwait governor Mohammad Al-Hashel talks to John Everington about protecting the banking sector and growing credit amid the Covid-19 pandemic.

NBK puts faith in technology to drive future growth
April 1, 2021Salah Y Al-Fulaij, Kuwait CEO of NBK, on the state of Kuwait’s banking sector and the key drivers for post-pandemic growth.

Trying times for Kuwait’s economy
April 1, 2021Historic enmity between Kuwait’s government and national assembly offer little confidence that the country will pass the economic reforms it desperately needs.

Kuwait’s banks bruised but unbowed
April 1, 2021Banks in Kuwait may have taken a knock from Covid-19 and its related effects, but optimism remains.

Could universal basic income rewrite Kuwait's future?
March 17, 2021Kuwait relies on public sector wages and energy subsidies. If the country is to revive its withered private sector, radical changes are needed.

Oiling the wheels of Kuwait’s recovery
March 16, 2021Covid-19 has had a dramatic impact on the markets over the past year, especially as far as oil is concerned.

Kuwait Finance House chief looks to life after AUB acquisition
April 1, 2020Kuwait Finance House's chief executive discusses the acquisition of Ahli United Bank and fintech’s threats and opportunities.

Kuwait CBG sees positive financial prospects
April 1, 2020Central Bank of Kuwait governor Mohammad Y Al-Hashel talks to John Everington about identifying credit growth and the likelihood of further consolidation.