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News
Kuwaitis, residents spent 3.7 million dinars daily on overseas online purchases
4+ hour, 15+ min ago (251+ words) Consumers in Kuwait spent approximately 786.4 million dinars on purchases from foreign websites and online stores during the first seven months of 2026, an average of about 3.7 million dinars per day, according to official data from the Central Bank of Kuwait. The…...
Kuwait’s cross-border lending surges 22.7 percent, 6.8 billion dinars
1+ mon, 2+ week ago (364+ words) Kuwait’s banking sector is steadily reinforcing its international presence, with new Central Bank figures showing a significant rise in cross-border lending, stronger foreign deposit flows and expanding overseas financial activity during the first five months of 2026. The latest data indicate…...
Interbank financial settlements in Kuwait reach 132.9 bln dinars in five months
2+ mon, 18+ hour ago (377+ words) Financial settlements between Kuwait’s local banks rose to 132.9 billion dinars during the first five months of 2026, reflecting sustained banking activity and robust interbank transactions despite mixed performance across other key banking indicators. According to data released by the Central Bank…...
99% digital payments in Kuwait give boost to e-commerce growth
2+ mon, 2+ week ago (163+ words) Visa Vice President and General Manager for Kuwait and Qatar, Shashank Singh, said Kuwait is leading GCC countries in adopting e-commerce through social media, with online shopping becoming part of daily consumer behavior. He said consumer confidence and strong regulation…...