Abyaar gets funding for realty projectsKuwait's Abyaar Real Estate Development Company said on Wednesday it would get fresh credit facilities from local lender Bank of Kuwait and Middle East (BKME). 'The firm will use part of the amount to pay off its financial obligati More… |
BKME gets Fitch 'A-'ratingsFitch Ratings has affirmed the Bank of Kuwait & the Middle East's (BKME) ratings at long-term issuer Default (IDR) 'A-' (A minus) with stable outlook, short-term IDR 'F2', individual 'C' and support '1'. BKME is a medium-sized Kuwaiti More… |
BKME gets green light to turn IslamicThe Bank of Kuwait and the Middle East won an initial approval from the central bank to transform into an Islamic bank, the official Kuwait News Agency (Kuna) reported on Wednesday. The approval gives the lender, one of the Gulf Arab state More… |