Financial and Banking News


New KD Bond Issue Revives Domestic Market 

The relatively inactive Kuwaiti Dinar bond market witnessed a revival of activity with the issue of KD14mn of notes for seven local borrowers with real estate connections. The borrowers are the Kuwait International Investment Company (KIIC), the Kuwait Real Estate Company, United Realty Company, Kuwait Investment Company (KIC), Kuwait Foreign Trading, Contracting and Investment Company (KFTCIC),...