6+ day, 20+ 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…...

2+ week, 5+ day ago   (162+ words) Work is set to commence on Kuwait’s new water desalination plant as the Gulf state builds infrastructure to support potential economic and population growth. The contract to design and construct the plant in the district of Doha has been signed,…...

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…...