Three Gulf states — Bahrain, Qatar and the United Arab Emirates — have reaffirmed their solidarity with Kuwait following Iraq’s submission of maritime coordinates and maps to the United Nations, which they say infringe on Kuwait’s sovereign rights.
Blue Square, a leading real estate developer with a major presence in Lebanon, Egypt and Kuwait, has announced its foray into the UAE market with its inaugural project - Vayla Residences - on Dubai Islands, featuring a mix of one- and two-bedroom apartments alongside exclusive one- to three-bedroom duplexes.
The volume of real estate transactions in Kuwait witnessed a remarkable growth for FY 2025 surging to hit KD4.58 billion ($15 billion) distributed over 6,086 transactions, compared to about KD3.73 billion resulting from 4,950 transactions the year before, according to a new report.
A consortium led by top Kuwaiti group National Investments Company has secured the contract for operating the Al Muthanna Complex located in the capital. The scope of work includes rehabilitation, development, renovation as well as maintenance and operation services at the key facility.
Zain Group, a leading provider of innovative ICT and digital lifestyle communications (TechCo) operating in eight markets across the Middle East and Africa, has announced robust consolidated financial results for the full-year 2025 (FY-25), and fourth quarter (Q4-25) ended 31 December 2025.
The GCC real estate market is poised to sustain its upward trajectory into the first half of 2026, building on strong momentum recorded in the latter part of 2025, according to a new report by Kuwait Financial Centre (Markaz).
The GCC real estate market is poised to sustain its upward trajectory into the first half of 2026, building on strong momentum recorded in the latter part of 2025, according to a new report by Kuwait Financial Centre (Markaz).
Ali Abdulwahab Al Mutawa Commercial Company (AAW) has announced the reopening of its Rimowa boutique at The Avenues Mall in Kuwait, unveiling a refreshed retail concept that reflects the brand’s German design heritage while offering an elevated shopping experience for customers.
Kuwait Financial Centre (Markaz) said it has executed a voluntary acquisition offer worth KD64.12 million ($208.6 million) on behalf of Boodai Reliance Real Estate to boost its stake in Jazeera Airways. Following this, Boodai Reliance’s total ownership in the Kuwaiti airline has risen to 72.26%.
Kuwait has forecast a fiscal deficit of KD9.8 billion ($31.9 billion) in its draft 2026-2027 budget, a sharp 54.7 percent rise over the current fiscal year's deficit.
