Wednesday 16, January 2013 by Robin AmlĂ´t

Kuwait credit bounces back in November…

Bank credit in Kuwait saw a noticeable increase in November following a large drop in October, according to analysis by NBK Economic Research. This further bolstered credit growth in 2012, which was generally stronger than the previous year. Growth has been largely driven by personal facilities while corporate credit has remained relatively subdued. Credit to the nonbank financial sector continued to weigh down on total credit.

Features & Analyses

Lifestyle A new spin on Gulf style

UAE-based fashion designer Ahmed Abdelrahman is realising his vision to make the kandora and other traditional Gulf staples a part… read more