On 29 October, Kuwait-listed Warba Bank issued KWD 80 million in perpetual Additional Tier 1 sukuk. The issuance provides the bank with an Islamic capital-raising instrument and...
Construction of Kuwait’s North Kabd wastewater treatment plant began on 28 October, with a reported project value of approximately KWD 999.85 million. The facility is intended to...
On 28 October, Specialities Construction received approval for a KWD 24.199 million contract from Kuwait’s Public Authority for Housing Welfare. The project covers construction,...
On 19 October, Ireland’s DAA International emerged as the lowest bidder for the contract to operate, manage and maintain Kuwait International Airport’s Terminal 2, offering KWD...
On 22 October, Zain Group and Ooredoo announced the first closing of a regional tower platform that combines Zain Kuwait’s and Ooredoo Qatar’s tower portfolios. Each group holds a...
On 20 October, Kuwait’s Public Authority for Housing Welfare selected contractors for electricity-transmission works at South Sabah Al-Ahmad and South Saad Al-Abdullah residential...
On 23 October, Kuwait and Italy signed agreements during Italian Prime Minister Giorgia Meloni’s official visit, focusing on direct-investment promotion, defence-industry...
A report published on 19 October citing National Bank of Kuwait stated that Kuwait awarded projects worth approximately KWD 3 billion, or around $9.7 billion, during the first...
On 22 October, Zain Group and Ooredoo announced the first closing of their regional tower transaction, combining approximately 4,000 towers from Zain Kuwait and Ooredoo Qatar...
Agreements signed on 23 October between Kuwait and Italy cover investment promotion, defence-industrial cooperation and military training. The investment memorandum establishes...
On 20 October, Kuwait’s Public Authority for Housing Welfare selected contractors for 132kV underground-cable and power-transmission works serving South Sabah Al-Ahmad and South...
On 19 October, reporting on disclosures by Combined Group Contracting Company stated that approvals had been secured for two Kuwait Oil Company road-maintenance contracts worth a...