Financial and Banking News


Mannakh Crisis 'Cost $9.4bn' 

Kuwait's National Assembly witnessed a strong attack on the government's management of its reserves during the last two days before its dissolution. During the valedictory debates, an opposition deputy, Mr. Sami al-Mnais, quoted figures which he said showed that the government had spent a total of KD2,782mn ($9.4bn) from the country's reserves in various schemes to compensate small...