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Kuwait’s Real Estate Sector

...3% to 0 5% in every quarter of 2018, and closed the first quarter of 2019 with a 0 3% decline in a comparison to the same period in the previous year The decline in these prices affected in turn trade...

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Gulf Bank Congratulates the Winners of the Al Danah Twenty-first Draw

Kuwait "June 29, 2010: Gulf Bank's Al Danah 2010 now has more chances for its Al Danah customers to win cash prizes throughout the year. The Bank holds weekly, quarterly and annual prize draws encoura...

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S&P Maintains "A-" Rating for Gulf Bank

...3.54% for the first three months of 2006, as a result of high margins, enhanced trading income, increased fee earnings and one of the lowest cost-to-income ratios among Gulf banks (18% for the same pe...

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Gulf Bank's Chairman resigns - selection of the new Chairman will take place during the Board Meeting on Saturday 16th March

...3 March 2013: Gulf Bank today announced that its Chairman, Mr. Mahmoud Al-Nouri, will leave office during the next meeting of the Board, following his doctors' advice.Mr. Al-Nouri stated that he is pr...

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Gulf Bank Announces Salama Mohammad Mutlaq Al Rahaili as the Al Danah 2012 Millionaire

...3 January 2013:  Gulf Bank has announced Salama Mohammad Mutlaq Al Rahaili as the Al Danah Millionaire of 2012.  The draw for the winner was the highlight of a special Al Danah Millionaire event at Th...

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Gulf Bank Welcomed KU's Male Students to 'Coffee Breaks with Red'

...30 November 2015 from 12p.m. until 2p.m.'Coffee Breaks with Red' was a special recruitment event for KU's male students, while Gulf Bank's Human Resources (HR) team discusses the available opportuniti...

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Gulf Bank Celebrates National Holidays at Qout Market

...3 with the aim of empowering the local community through seasonal initiatives. The market focuses on small and medium-sized vendors specializing in farm produce, artisanal crafts and locally made food...

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Gulf Bank Offers Flexible Savings Accounts to Meet Diverse Financial Needs

Continuing to Promote a Culture of Saving as Part of the Diraya Campaign As part of its support for the Diraya campaign, which aims to enhance financial awareness and promote sound financial planning...

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Gulf Bank Congratulates the Winners of the Al Danah Eleventh Weekly Draw

Kuwait "April 21, 2010 : Gulf Bank launched Al Danah 2010 with more chances for its Al Danah customers to win cash prizes throughout the year. The Bank holds weekly, quarterly and annual prize draws f...

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On 9 November 2015, Fitch Ratings upgraded Gulf Bank's Viability Rating after it was able to reinforce its company profile, as follows:

Ratings ElementsRatings DriversFitch has upgraded GB's Viability Rating (VR) to 'bb' from 'bb-' due to its stronger company profile post restructuring. The bank has completed a wide ranging restructur...

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