More: Kuwait

Sovereign Wealth Comes Home: Why Jakarta, Riyadh and Kuwait Are Pulling Their Money Back

TODAY'S NUMBERS: $6.8bn (Danantara's remittance to Jakarta's budget) · 20% (Saudi PIF's new overseas-investment ceiling, down from 30%) · 5.65% (Danantara's average bond yield)....

Kuwait caught in the crossfire: How the Iran War is Engulfing the Middle East

Kuwait has since the beginning of the Iran War in February been targeted by Iranian drones and missiles 1,400 times. Why has this state—smaller...

Hormuz Blockade Creates Winners and Losers Among Middle East Oil Exporters

The closure of the Strait of Hormuz has significantly impacted global oil prices, benefiting countries like Iran, Oman, and Saudi Arabia while others like...

CENTCOM: US fighter jets shot down in friendly-fire incident over Kuwait

Kuwait's air defenses accidentally shot down three U. S. F-15 fighter jets during active combat with Iran, according to U. S. Central Command. All...

Gulf Cities Under Fire: Iran’s Missiles Strike US, Israeli Targets

Iran launched missile attacks on several cities in the Arab Gulf on Saturday, causing explosions that frightened residents and disrupted daily life. Countries such...

Missiles Strike Abu Dhabi After Iran Targets Gulf States, One Killed

Several Gulf Arab countries reported being targeted by Iranian missiles on Saturday, following Iran's promise to retaliate against the U. S. and Israel. The...

Why Does the Kuwait Investment Authority Still Matter? Success, Challenges, and Institutional Reform

Authors: Graciana Saragih and Karina Zahra* Over decades, the Sovereign Wealth Fund (SWF) has emerged as a strategic instrument for nations to manage national wealth...

Kuwait Oil Minister Sees Demand Rising After US Rate Cut

Kuwait's Oil Minister Tariq Al-Roumi expects increased oil demand, especially from Asian markets, following the U.S. Federal Reserve's recent interest rate cut, which was...

Kuwait oil minister says OPEC monitoring market, Trump remarks on Russian oil

KUWAIT, Aug 7 (Reuters) - Kuwait's Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and...

Non-Oil Sectors Drive Robust Growth in GCC Countries

The GCC region is estimated to have subdued economic growth of 1.6% in 2024 but is forecast to grow at 4.2% in 2025-2026, according...

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Ukraine Defence Chief Pledges ‘Clear’ War Plan to Unlock Early Loan

Ukraine's new defence minister, Yevhenii Khmara, has promised to...

Canada Backs $116 Billion Global Defence Bank to Finance Allied Rearmament

Canadian Prime Minister Mark Carney supports a new global...

Turkey, Saudi Arabia and Pakistan Set for First Defence Pact Meeting

Top officials from Turkey, Saudi Arabia, and Pakistan will...

Iceland Rejects EU Membership Talks in Closely Fought Referendum

Icelanders voted against joining the European Union, with 52.8%...
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