Tag: Kuwait Business News
Kuwait’s KGOC implements Oracle Cloud Application across its operations
Kuwait Gulf Oil Company (KGOC) has partnered with the American software company, Oracle, to implement its Fusion Cloud Applications Suite to fully automate core...
Kuwait’s TABCo picks LEAN Services to shift its IT operations to...
Kuwait-based startup focusing on the region’s food industry, TABCo Food has selected the country’s first VMWare Cloud Verified service provider, LEAN Services to modernize...
Kuwait’s outward direct investments surpassed FDIs in 2021; IMF
The total foreign direct investments in Kuwait amounted to $14.56 billion at the end of last year, and the direct investments outward from Kuwait...
Kuwait’s sovereign wealth fund retains world’s top 3rd position
Kuwait's sovereign wealth fund, Kuwait Investment Authority (KIA) has retained third place among the largest sovereign funds, according to the International Institute for Global...
Kuwait-based eGrocery startup Fiz raises $2.5mn in latest funding
Kuwait-based Q-commerce (quick commerce) startup and online grocery delivery platform, Fiz, has raised $2.5 million in its latest funding round.
The Pre-seed round was led...
Boubyan Bank inks deal with Visa to implement ‘VCEH’ service in...
Kuwait’s leading Islamic financial institution, Boubyan Bank has signed a collaboration agreement with the American multinational financial services company Visa in order to implement...
Kuwait’s NBK crowned as Best Trade Finance Provider for 2022
Kuwait’s largest financial institution, National Bank of Kuwait (NBK) has secured the "Best Trade Finance Provider in Kuwait" title for 2022 in the annual...
Kuwait ranked as the most expensive country to live in Gulf
Kuwait has been ranked the most expensive Gulf country in cost of living during the period from 2011 to 2020. The country topped the...