KD

Kuwait’s economic measures provided

Kuwait City - Muslimchronicle

Kuwait’s Finance Minister Anas al-Saleh said the economic reform measures provided the country with more than one billion dinars, equivalent to 3.3 billion dollars in the fiscal year 2016-2017 budget. The most prominent of these reforms were the raising of gasoline prices in 2016, the adjustment of the ceiling and growth rate of public expenditure, the suspension of uncontrolled expansionRead more

Kuwait Bourse Ends Trading in Green Zone Wednesday

Kuwait - QNA

Boursa Kuwait (Kuwait Stock Exchange) ended Wednesday's trade in the green zone with the benchmark going up by 43.8 points, hitting 7,059.61 points. Kuwait News Agency said the Weighted and KSX 15 indices were also up by 4.09 and 9.84 points respectively. It added the value of trades was at KD 36.7 million (around USD 120 million) with the volumeRead more

Employee hands back lost money worth 75 times his monthly salary

Manama - Arab Today

A Kuwait-based expatriate has been honoured by his employer after he found 7,000 Kuwaiti Dinars (KD) and handed them to officers. The cash found by the security guard is 75 times his monthly salary of KD100. Juda Jamal Abdul Salam said that he found the bag on a street pavement and when he opened it, he found KD6,600 and $3,000.Read more

KSE Ends Trading Week in Green Zone

Kuwait - QNA

The Kuwait Stock Exchange (KSE) ended the trading week in the green zone on Thursday, with the three main indices up, Kuwait News Agency (KUNA) reported. The Price Index rose by 16.02 points closing at 5.429 points, as the Weighted Index gained 0.71 points, and the KSX 15 0.69 points. Value of trades was KD 7.17 million, and the volumeRead more

Kuwait Posts Budget Deficit of KD 4.6 Billion

Kuwait - QNA

Kuwait's government posted a budget deficit of KD 4.6 billion for the fiscal year 2015/16 for the first time in 17 years, according to a report by the National Bank of Kuwait (NBK) carried by KUNA news agency on Wednesday. The deficit, before the transfer to the Future Generations Fund (FGF), reached 13.4 percent of GDP and it compares toRead more