MSCI to classify Kuwait stock market as emerging market in Nov.

  Morgan Stanley Capital International (MSCI) will implement the reclassification of the MSCI Kuwait Indexes from Frontier Markets status to Emerging Markets status. This step will coincide with “the November 2020 SemiAnnual Index Review (SAIR),” Kuwait Capital Market Authority (CMA) said in a statement posted on it Twitter account on Tuesday, citing a reminder by […]


Kuwait stocks close up Wed.

  – Kuwaiti stocks closed up on Wednesday, with the benchmark index surging 58.58 points to 5179,74 points, up 1.14 percent. A total of 267.91 million shares changed hands in 10,056 deals worth KD 51.76 million (USD 191.51 million) The Main Market Index shot up by 13.35 points to 4212.60 points, a hike of 0.32 […]


UNESCO opens nominations for Jaber Al-Ahmad digital prize

UNESCO announced on Wednesday that it will open nominations for the 2020-2021 Sheikh Jaber Al-Ahmad Al-Jaber Al-Sabah Prize for Digital Empowerment of Persons with Disabilities. Kuwaitآ’s Permanent Delegate to UNESCO Dr. Adam Al-Mullah said in a press statement to KUNA that the last date to submit entries will be next September. The prize encourages society […]


Kuwaiti FM, Nigerian counterpart discuss bilateral ties

Kuwait’s Foreign Minister Sheikh Dr. Ahmad Nasser Al-Mohammad Al-Sabah, on Tuesday, had a phone call with Nigerian counterpart Geoffrey Onyeama. Both top diplomats discussed bilateral ties and means to enhance cooperation in various fields, especially in combating impacts of COVID-19. Recent regional and global political developments were discussed as well during the call.   Source: […]