Press Dossier   By Date  19/05/2024
Alvarez & Marsal outlines action-oriented approach as it launches regional HQ in Saudi Arabia
Global consulting firm Alvarez & Marsal is set to introduce its distinct, unbiased, and action-oriented approach to Saudi Arabia’s market following the launch of its regional headquarters, according to a top official.
Saudi venture capital sector expanding exponentially
Saudi Arabia’s venture capital landscape continues to grow with its reverberations reaching far continents.
Saudi Arabia’s pioneering healthcare reforms leading the way across the region, experts insist
Saudi Arabia’s bold healthcare reforms promise valuable lessons for the region and beyond, according to a senior official.
Moody’s Ratings affirms Kuwait’s A1 rating; maintains stable outlook
Moody’s Ratings (Moody’s) has on Thursday affirmed the Government of Kuwait’s long-term local and foreign currency issuer ratings at A1.
NBK warns against transferring money to unknown parties
As part of its endeavors to increase financial awareness and inclusion among the different segments of society, National Bank of Kuwait (NBK) continues to promote the “Let’s Be Aware” campaign introduced by the Central Bank of Kuwait, in cooperation with Kuwait Banking Association (KBA).
Kuwait’s upstream sector sees room for growth amid sweeping changes
Kuwait’s dissolution of parliament on May 10 and the suspension of a few constitutional articles will likely augur a new era of positive business sentiment, particularly for the OPEC producer’s stagnant upstream sector, analysts said.
Gulf Bank launches its 2030 ESG sustainability strategy
Building on the pivotal role of embedding sustainability principles in society, Gulf Bank has announced its ambitious Environmental, Social, and Governance (ESG) spanning from 2024 to 2030.
AEC increases capital through issuance of first preferred shares in Kuwait
Action Energy Company (AEC) has completed a capital increase by way of issuing convertible preferred shares, which is the first of its kind in Kuwait.
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