6+ day, 12+ hour ago   (198+ words) Kuwait’s cabinet has allowed the government to borrow from the country’s Future Generations Fund (FGF) for the first time since the facility’s inception in 1976, with a view to supporting the state budget. A decree issued last week amends the law…...

1+ week, 6+ day ago   (293+ words) Kuwait’s public debt has risen more than fivefold to the end of June, as the country stepped up borrowing this year to support a widening budget deficit caused by low oil export earnings. The Gulf state was one of the…...

3+ week, 4+ day ago   (352+ words) Foreign investment in Turkey fell by nearly a third in the first half of the year, as high interest rates, persistent inflation and economic uncertainty discouraged longer-term commitments. Turkey attracted $4.2 billion in net foreign direct investment in the first six…...

3+ week, 4+ day ago   (491+ words) The move shows confidence in the country’s ability to withstand the war, helped by a strong financial position Kuwait‘s return to the international bond markets late last month – when it issued $6 billion in a three-tranche deal – came as a surprise…...