Money & BusinessGCC CountriesKuwait
Kuwait’s economy to grow by 5.3% in 2022
Kuwait’s economy is set to grow by 5.3% in 2022, followed by a 3% growth the next year, according to a report by World Bank.
Kuwait Financial Centre ‘Markaz’ in its latest Monthly Market Review report for February said owing to the ongoing tensions, the CBOE VIX index has shot to 37.5 points, near to its 52-week high.
Oil prices, which acted as an important factor driving the GCC stock market performance, breached the $100 per barrel mark in the month of February.
