Kuwait’s NREC Unit Signs Deal to Develop Some Housing Units in Egypt

Kuwaiti National Real Estate Company’s (NREC’s) unit Wadi El Nile Urban Development has signed a partnership agreement with Baderddin Group to develop part of Egypt’s housing units

Egypt-Kuwait Bilateral Trade Hits USD 1.74 bn in 2017: Minister

Egyptian Trade Minister Amr Nassar has revealed that Kuwait is Egypt's third top trade partner, right after the UAE and Saudi Arabia, with bilateral trade hitting USD 1.74 bn in 2017, of which non-oil goods made u ...

Kuwait’s Planned Mega Project to Spur USD 200 Bn Foreign Investment

Kuwait has announced plans to establish an integrated flagship project that will open new investment opportunities for the tourism, hospitality and leisure sectors

15 Kuwaiti Construction Companies to Declare Bankruptcy Soon

Fifteen construction companies in Kuwait are expected to declare bankruptcy soon due to lack of liquidity and hence inability to fulfill their financial commitments to complete suspended projects for over three ye ...

MAG to Release 4 Key Projects in Kuwait

MAG Lifestyle Development, a part of the UAE group MAG, has launched its innovative promotional campaign for Kuwait

Kuwait to Build USD 112.5 bn ‘Gold City’

The Ministry of Commerce and Industry has asked Kuwait Municipality to allocate a plot to build a special ‘gold and jewelry city’ over a total area of 100,000 square meter

Kuwait to Invest USD 160 bn in Five Islands

Kuwait plans to develop five islands — Boubyan, Warba, Failaka, Maskan and Aouha — with investments worth USD 160 bn

Kuwait Plans Three Airports at Cost of USD 4.77 bn

The government of Kuwait plans to work on three airports in the country between 2017 to 2020, at a total cost of KWD 1.446 bn

Real Estate Prices Stabilize in Kuwait

Increased volatility in Kuwaiti real estate activity dominated the first half of 2017 amid steadying prices, Reuters reports.

Egypt, Kuwait Ink KWD 12.5-mn loan For Al-Arish Infrastructure

Egypt and the Kuwait Fund for Arab Economic Development (KFAED) sign a KWD 12.5-mn loan agreement to finance water access project in Al-Arish, North Sinai, Invest-Gate reports.

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