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The Largest Blockchain Conference in Asia to Be Held 30–31 January in Yokohama, Japan

December 17, 2018

The Largest Blockchain Conference in Asia to Be Held 30–31 January in Yokohama, Japan

(AETOS Wire) -- The Global Blockchain Association (Shimizu Building 6F, 3-19 Hayabusacho, Chiyoda-ku, Tokyo, President: Toshikazu Masuyama) is proud to host the largest blockchain conference in Asia: The Japan Blockchain Conference (JBC) – 2019 Yokohama, to be held on 30 and 31 January at Pacifico Yokohama.

The"... Continue Reading

Portugal's da Costa wins debut 2018 Formula E race

December 16, 2018

Portugal's da Costa wins debut 2018 Formula E race

Portugal's Antonio Felix da Costa on Saturday ushered in a new era for Formula E by winning the inaugural round of the 2018-19 season in Saudi Arabia followed by Techeetah’s Jean-Eric Vergne and Jerome d’Ambrosio in the Mahindra car.

Da Costa"... Continue Reading

UNCITRAL meetings essential for enhancing economic laws: official

December 16, 2018

UNCITRAL meetings essential for enhancing economic laws: official

VIENNA, Dec 15, (KUNA): The UN Commission on International Trade Law’s meetings are essential for enhancing economic legislation, a Kuwaiti official affirmed Friday. The UNCITRAL meetings pose an appropriate opportunity to gain a further experience in amending and drafting several insolvency laws, Kuwaiti Fatwa and Legislation Departments’ Advisor Anmar Al-Abasi said.

Al-Abasi"... Continue Reading

ABK wins The Asian Banker Credit Risk Management Award for 2018

December 16, 2018

ABK wins The Asian Banker Credit Risk Management Award for 2018

KUWAIT: Al-Ahli Bank of Kuwait (ABK), recently listed as one of the top 10 safest banks in the Middle East by Global Finance, was conferred the prestigious ‘Achievement in Credit Risk Management in the Middle East and Africa’ award by The Asian Banker. The award ceremony was held in conjunction with the Middle East & Africa International Finance Dialogue 2018 on 29th November in Dubai.

"... Continue Reading

KFH role in fostering economic ties between Kuwait and Turkey hailed

December 16, 2018

KFH role in fostering economic ties between Kuwait and Turkey hailed

KUWAIT: Kuwait Finance House (KFH) received the Turkey-Kuwait Business Council under Foreign Economic Relations Board (DEiK) delegation, in an official business visit hosted at Sheraton Kuwait to discuss the current and potential business opportunities between Turkey and Kuwait.

KFH delegation was headed by KFH Chairman, Hamad Al-Marzouq"... Continue Reading

Easa Husain Al-Yousifi & Sons Real Estate opens Kuwait Global Steel Services Factory

December 16, 2018

Easa Husain Al-Yousifi & Sons Real Estate opens Kuwait Global Steel Services Factory

KUWAIT: Easa Husain Al-Yousifi & Sons Real Estate Company announced the opening of Kuwait Global Steel Services Factory (KGSS) at a ceremony held on December 5th, in the factory location in Amghara Industrial area with the presence of large number of the company’s officials and managers and guests from contracting and engineering consultation companies.

This"... Continue Reading

Foreign investors can own, trade in local bank shares

December 16, 2018

Foreign investors can own, trade in local bank shares

KUWAIT: The ministry of commerce and industry has issued a decision allowing foreign investors to own and trade Kuwaiti banks’ shares. But the approval of the Central Bank of Kuwait (CBK) should be obtained, if ownership exceeds five percent of the bank’s capital, the ministry in a press statement yesterday.

The latest"... Continue Reading

Qout Market reopens after sudden closure

December 16, 2018

Qout Market reopens after sudden closure

KUWAIT: Two weeks after it was abruptly shut down by the Municipality, the Qout Market was back yesterday at Safat Square in Kuwait City. It is one of Kuwait’s most popular, well-known, locally-created urban markets, and focuses on encouraging support for local businesses, farmers, entrepreneurs and artisans. Organizers declined to comment on the market’s closure hours before its opening in the"... Continue Reading

Kuwait examines others’ experience at Doha Forum, says finance minister

December 16, 2018

Kuwait examines others’ experience at Doha Forum, says finance minister

DOHA, Dec 15, (KUNA): Kuwait is partaking in the Doha Forum to benefit from experience of other states participating in the annual event, the country’s finance minister says. Dr Nayef Al-Hajraf, in a statement to KUNA on Saturday, indicated that examining other nations’ expertise could be helpful in implementation of development strategies.

This"... Continue Reading

Kuwait lifts restrictions on foreign ownership of local lenders

December 16, 2018

Kuwait lifts restrictions on foreign ownership of local lenders

Kuwait will allow foreign investors to own and trade shares in the Arabian Gulf country's banks ahead of index-compiler MSCI's anticipated decision next year to upgrade Kuwait to emerging-market status.

The decree allows foreign investors to own up to five per cent of a Kuwaiti bank's capital directly or indirectly, state-owned"... Continue Reading

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