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Kuwait Banking News. Service for global professionals. Constantly updated news and information about Kuwait.
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Latest Kuwait Banking News

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  • Taxpayer facing long wait to reap benefits of bailing out banks 8 Dec 2009 00:51 GMT
    ... was fair – least of all the banking world. Nonetheless, there is something deeply disturbing ... that kind of luxury. As it happens, Kuwait's sovereign wealth fund yesterday said it booked ... last year, with the portion lent to banks actually showing a slight profit. While the ...

  • Kuwait sells stake in Citigroup banking giant after making $1.1billion profit in TWO years 6 Dec 2009 20:53 GMT
    ... Kuwait sells stake in Citigroup banking giant after making $1.1billion profit in TWO ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Gulf Finance House forms new investment banking division (GFH Capital) and appoints Group Deputy CEO 15 Dec 2009 06:11 GMT
    ... the most successful and innovative Islamic investment banks in the Middle East. GFH historically focused ... addition to its share listings on the Kuwait and Bahraini Stock Exchange's and the Dubai ... including "Best Investment Bank 2008", by Islamic Banking and Finance, "Best Investment Bank" three years ...

  • Kuwait fund sells Citigroup stake, banks $1.1 billion in profit 6 Dec 2009 18:17 GMT
    ... DUBAI, United Arab Emirates - Kuwait's sovereign wealth fund said Sunday it booked ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Kuwait's sovereign wealth fund sells Citigroup stake, banks $1.1 billion in profit 6 Dec 2009 15:53 GMT
    ... Kuwait's sovereign wealth fund sells Citigroup stake, banks $1.1 billion in profit DUBAI, United Arab ... less than two years ago when the banking giant was strapped for cash. The Kuwait ...

  • Kuwait sells Citigroup stake for $4.1 billion 6 Dec 2009 15:49 GMT
    ... Sunday, December 6, 2009 at 6:53 AM Kuwait sells Citigroup stake for $4.1 billion Kuwait's ... less than two years ago when the banking giant was strapped for cash. Kuwait's sovereign ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Kuwait Sells Citigroup Stake For $4.1 Billion 1 hr ago 6 Dec 2009 16:50 GMT
    ... Kuwait Sells Citigroup Stake For $4.1 Billion Posted: ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Kuwait Sells Citigroup Stake For $4.1 Billion 2 hrs ago 6 Dec 2009 17:30 GMT
    ... Kuwait Sells Citigroup Stake For $4.1 Billion Posted: ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Kuwait Sells Citigroup Stake For $4.1 Billion 34 min ago 6 Dec 2009 19:58 GMT
    ... Kuwait Sells Citigroup Stake For $4.1 Billion Posted: ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Kuwait Sells Citigroup Stake For $4.1 Billion 55 min ago 6 Dec 2009 20:10 GMT
    ... Kuwait Sells Citigroup Stake For $4.1 Billion Posted: ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Kuwait banks profit on Citigroup sale 7 Dec 2009 09:53 GMT
    ... DUBAI, United Arab Emirates–Kuwait's sovereign wealth fund said Sunday it booked ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Kuwait fund sells Citigroup stake, banks $1.1 billion in profit 6 Dec 2009 19:30 GMT
    ... DUBAI, United Arab Emirates - Kuwait's sovereign wealth fund said Sunday it booked ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Kuwait sells Citigroup stake for US$4.1 bil 7 Dec 2009 00:32 GMT
    ... Monday December 7, 2009 MYT 8:14:32 AM Kuwait sells Citigroup stake for US$4.1 bil DUBAI: ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Kuwait books $1.1B profit in surprise Citi sale 7 Dec 2009 14:50 GMT
    ... Kuwait's sovereign wealth fund said Sunday it booked ... less than two years ago when the banking giant was strapped for cash. The Kuwait ... move puts pressure on Citi and other banks that tapped U.S. government aid to follow ...

  • Middle Eastern Banks Eying Indonesian Shariah Sector 7 Dec 2009 15:13 GMT
    ... Middle Eastern Banks Eying Indonesian Shariah Sector A new tax ... is attracting prospective investors to the Shariah banking sector, including two Middle Eastern banks looking ... was eyeing a local bank and the Kuwait Finance House planned to establish a new ...


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