INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Kuwait issues bonds, tawarruq to the tune of $792m

A picture of the Central Bank of Kuwait.
  • According to a statement released by the bank, the rate of return is set at 1.625 percent
  • The bank also issued bonds and tawarruq as of March 21 valued at 220 million Kuwait dinars ($660 million) for three months standing at a rate of returns of 1.375 percent

The Central Bank of Kuwait has issued bonds and tawarruq for six months with an accumulated value of $792 million.

According to a statement released by the bank, the rate of return is set at 1.625 percent.

The bank also issued bonds and tawarruq as of March 21 valued at 220 million Kuwait dinars ($660 million) for three months standing at a rate of returns of 1.375 percent, local media reported.