Exclusive Kuwait 360 mall tour!

June 30, 2009

Yesterday we went on an exclusive sneak peek tour of Kuwait 360 mall.

When we entered the mall we were impressed by its unique design and many facilities. The mall is almost ready for the grand opening (5th July), some of the mall’s inimitable features that I would like to point out in this post are: the location, design, and facilities (shops, restaurants, cinema theater and entertainment). Read the rest of this entry »

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What happens when you put the NBK & Boubyan Bank Together? bye bye KFH

June 15, 2009

NBK_Boubyan
I read great financial news today; the National Bank of Kuwait (NBK) has acquired about 27 33% of Boubyan Bank (BB) in a deal with Commercial Bank of Kuwait (CBK), making the NBK enter the world of Islamic financing. Of course this is bad news for Kuwait Financial House (KFH) who has stood as the only Islamic financial and banking organization in Kuwait and almost the GCC – with Dubai Islamic bank – for a very long time.
No question I’m moving to BB as soon as it’s official. Finally this puts an end to all the rumors.

Check out the story in Al-Qabas newspaper ( in Arabic)