THE COMPANY: Kuwait Finance House (KFH) was established in 1977 as the first Islamic financial institution in Kuwait providing banking services, purchase and sale of properties, leasing, project construction and other trading activities. The bank was listed on the Kuwait Stock Exchange in 1984, and...
THE COMPANY: Mabanee is a shareholding real estate firm that is widely recognised for owning The Avenues Mall. It was listed on the Kuwait Stock Exchange in November 1999 and is currently the largest real estate company in the country, with a market capitalisation of KD824m ($2.84bn), representing...
THE COMPANY: Recognised as the leader in the local banking industry, National Bank of Kuwait (NBK) was established in 1952 as the first local and national bank, and the first joint stock company in Kuwait and the Gulf region. NBK is the largest financial institution in Kuwait with total assets of...
In recent years Kuwait has seen steadily expanding trade activity with neighbouring countries – including the member states of the GCC and other Middle East nations – and a variety of key partners further afield. At the same time, the government has introduced a substantial amount of new legislation in an effort to boost foreign direct...
As one of the world’s largest oil producers, Kuwait’s energy sector has supported a rapid pace of economic growth since the discovery of oil in the country in the early 1930s. Revenues from these resources have helped Kuwait to become one of the wealthiest countries in the world in terms of GDP per capita. Despite a significant increase in...
After setting out a broad outline of the country’s second five-year development plan in August 2014, the government approved the KD34.15bn ($117.65bn) strategy in February 2015. The announcement builds on a successful year of project implementation in 2014 and emphasises a commitment from the authorities to maintain capital investment, despite...
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