Boursa Kuwait named Bader Nasser Al-Kharafi as the Chairman of the Board for three years from 2025 to 2027

Boursa Kuwait showed a positive performance on Sunday

Prime Minister Mostafa Madbouly announced that Egypt and Kuwait will soon reveal new joint economic and investment projects, following high-level discussions with Kuwaiti leaders.

Boursa Kuwait's indices ended Wednesday's session with mixed results. The Premier Market Index added 26.65 points, or 0.31%, to close at 8,514.25 points.

Boursa Kuwait's indices ended Tuesday's session on a positive note. The Premier Market Index added 17.85 points, or 0.21%, to close at 8,487.60 points.

Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib met with the Egyptian-Kuwaiti Economic Cooperation Council delegation led by Mohammed Jassim Al-Saqr to discuss methods of enhancing economic and investment ties.

Egypt and Kuwait have signed the minutes of the first session of the Egyptian-Kuwaiti Joint Ministerial Trade Committee.

Misr Cement – Qena has denied receiving any acquisition offers from Kuwaiti parties

The indices of Boursa Kuwait witnessed a mixed performance on Wednesday, with the Premier Market Index down by 20.01 points (0.24%) to 8,300.60 points.

The indices of Boursa Kuwait showed a negative performance on Tuesday, with the Premier Market Index falling by 40.50 points (0.48%) to 8,320.61 points.

The indices of Boursa Kuwait closed Monday’s trading session on a positive note, with the Premier Market Index jumping by 65.40 points or 0.79% to 8,361.11 points.

Kuwait has renewed a $2 billion deposit with the Central Bank of Egypt (CBE) for an additional year.

Egypt's Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat signed a memorandum of understanding (MoU) for scientific and technical cooperation with Kuwait during the 13th session of the Egyptian-Kuwaiti Joint Committee held in Cairo, as per a statement.

The Egyptian Minister of Investment and Foreign Trade Hassan El Khatib and Kuwait's Minister of Foreign Affairs Abdullah Alyahya signed a memorandum of understanding (MoU) on advancing industrial exports between the two nations.

Egypt-based e-payment firm Fawry for Banking Technology and Electronic Payment (FWRY) is currently in preliminary talks with six Saudi Arabian companies over partnerships and expansion plans in the kingdom.

Trade exchange between Egypt and Kuwait fell by 11.8% year on year (YoY) in 2023 to $3 billion, compared to $3.4 billion, according to data by the Central Agency for Public Mobilization and Statistics (CAPMAS).

The Egyptian government is eyeing a 33% increase in its imports of Kuwaiti crude oil by early 2024 to hit 3 million barrels per month.

Kuwait has extended the maturity of a two-tranche deposit worth $4 billion at the Central Bank of Egypt (CBE) to back Egypt’s foreign currency reserve.

Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding, and the Kuwaiti warehousing firm Agility have formed YANMU, a joint venture (JV), to develop, build, and operate modern logistics parks and grade A warehousing facilities in Egypt