INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

CBK plans $794 million bonds

  • The issue's maturity period is six months, with a return rate of 1.250 percent
  • The CBK had issued bonds and tawarruq worth 160 million Kuwaiti Dinars at the beginning of this month, with a return rate of 1.125 percent for a six-month maturity

The Central Bank of Kuwait (CBK) will issue tawarruq and bonds to the tune of $794 million, the bank said in a statement.

The issue’s maturity period is six months, with a return rate of 1.250 percent.

The CBK had issued bonds and tawarruq worth 160 million Kuwaiti Dinars at the beginning of this month, with a return rate of 1.125 percent for a six-month maturity.