Kuwait seeks to loosen lending
Headline News
KUWAIT: Kuwait's Central Bank followed Sunday's cut in its benchmark discount rate by reducing two of its repurchase rates by 25 basis points yesterday, and analysts said the move was aimed at helping to fund development. The cut is expected to encourage banks to lend more and the private sector to take part in financing a four-year development plan, analysts said. The repo cut should theoretically encourage banks to lend more rather than hold onto excess reserves because they would earn...
Other Headlines
- UAE hospital offers treatment for falcons
- Burj Khalifa shuts a month after opening
- Egypt arrests 3 main Brotherhood leaders
- Qaeda urges US attacks 'everywhere'
- Hasina urges Kuwaiti investments in B'desh
- MP proposes short breaks for inmates
- Bomb hoax shuts Salmiya Sultan Center
- Time for action on five-year plan: PM
- US 'cavemen' seek raw truth
Local
Regional
Rights group faults Israel's Gaza war crimes probe
- Protests in Iraq ahead of parliament session
- Lebanon recovers crashed Ethiopian jet's black box
- Israel army arrests two foreign activists in WB
- Netanyahu: Israel open to peace talks with Syria
- Abbas awaits clarification over peace talks offer
- Iraqi court pushed to rule on banned candidates
- Lebanese fear stall in tribunal on Hariri slaying
Kuwait Times Poll
E Paper
 |
 |
Cartoon of the day
Special Report
Defining Kuwait's conservatives
Defining Kuwait's conservatives...More Special Reports
- Redefining liberalism in Kuwait
- The difficulty in breaking away from the tribe
- Kuwait's musical heritage: The heartbeat of a nation
- Doctors: Kuwait's health system good with some loopholes
- Nurses: We have problems, but no one listens
- Patients: There's a problem
- Arab world condemns Israeli attack on Gaza
