Main index rises 0.16% while Premier Market gains slightly; daily turnover reaches KD 151.7 million Kuwait City – October 24, 2025 — The Kuwait Stock Exchange ended Thursday’s session on a mixed note, with the Main Market Index posting modest gains and the Premier Market edging up, while the Main 50 Index slipped marginally. The All-Share Index closed up by 14.69 points, or 0.16%, reaching 8,923.02 points. Total market turnover reached KD 151.7 million, with 677.5 million shares traded across 36,005 transactions — signaling continued momentum in mid-cap and retail-driven activity. Market Breakdown: Top Performers and Decliners: Among the top…
Author: silvana
Sharjah, UAE – October 23, 2025 — The 8th Sharjah Investment Forum (SIF 2025) opened this week with a record-breaking international presence, uniting over 10,000 participants from 142 countries and featuring 130 speakers from government, finance, tech, and development sectors. Held for the first time in partnership with the 29th World Investment Conference (WIC), the two-day event runs from October 22–23 at the Jawaher Reception and Convention Center, under the theme:“Transforming Our World: Investing for a Resilient and Sustainable Future.” Organized by Invest in Sharjah in collaboration with the World Association of Investment Promotion Agencies (WAIPA) and the UAE Ministry…
Tokyo, Singapore, and Doha Lead Global Aviation Hubs as Travel Surges In a landmark year for global air travel, the 2025 World Airport Awards ranked the world’s top-performing airports based on passenger volume — revealing not just movement, but momentum. From Asia to the Gulf, the data confirms what aviation insiders have long sensed: the world’s most dynamic hubs are no longer just gateways — they are strategic ecosystems of commerce, logistics, and experience. Leading the global list is Tokyo Haneda International Airport, Japan’s busiest terminal and a global benchmark for punctuality, infrastructure, and user-centric operations. Close behind are Singapore…
Shares hit record high after early sales jump 14% in China and the U.S. Apple Inc. shares climbed to an all-time high on Monday, pushing the company’s market capitalization close to $4 trillion, fueled by robust early demand for the iPhone 17 lineup. According to research firm Counterpoint, early sales of the iPhone 17 series have surpassed those of its predecessor by 14% in both China and the United States — Apple’s two largest smartphone markets. Record-Breaking Market Rally Apple’s stock has risen 4.2% to close at $262.9 per share, valuing the company at approximately $3.9 trillion and making it…
Total assets surge 14.7% to KD 44.9 billion amid steady growth across loans, deposits, and equity National Bank of Kuwait (NBK) announced a net profit of KD 467.4 million ($1.53 billion) for the nine months ending September 30, 2025, reflecting a 2.3% increase from the KD 457.0 million ($1.50 billion) reported in the same period of 2024. Strong Earnings and Operating Momentum NBK’s pre-tax profits rose 11.3%, reaching KD 592.5 million ($1.9 billion) compared with KD 532.2 million ($1.7 billion) a year earlier.The performance underscores the bank’s resilient core operations, diversified income streams, and disciplined cost control, supported by sustained…
Conflict destroyed one-third of Syria’s pre-war capital — Finance Minister calls for global solidarity A new World Bank report estimates that rebuilding Syria after 13 years of conflict will cost around $216 billion. The figure highlights the vast destruction across the country’s infrastructure and housing sectors. The findings are part of the report “Damage and Reconstruction Needs Assessment for Syria, 2011–2024.” It offers a comprehensive nationwide analysis of physical damage to buildings and infrastructure. One-Third of National Capital Lost The report shows that the conflict wiped out nearly one-third of Syria’s pre-war capital stock. Direct physical losses reached $108 billion,…
Dubai tops the Middle East as Kuwait City ranks eighth regionally.Riyadh climbs eight spots to 56th globally. Cities across the Gulf Cooperation Council (GCC) have strengthened their positions in the Kearney Global Cities Index 2025, advancing through consistent investment in infrastructure, digital readiness, and human capital.While long-established global hubs maintain their dominance, the rise of GCC cities signals the region’s growing weight in shaping the global economic climate. Dubai and Riyadh Drive Regional Momentum Dubai climbed to 23rd place globally, reinforcing its status as a leading center for finance, business, and culture. Riyadh advanced eight places to 56th, reflecting strong…