#Treasury

Banque Saudi Fransi picks Finastra to automate treasury and trading ops

Bank can connect to Finastra’s open platform which is in line with SAMA’s Open Banking initiative

Kuwaiti economic crisis sidelined as nation goes to polls

Some 568,000 Kuwaitis are eligible to choose from 326 candidates

Kuwait parliament approves state budget with $46bn deficit

Kuwait’s deficit last fiscal year widened to KD5.64bn, up almost 69 per cent from a year earlier

Kuwait finance ministry to mull halving $66bn debt ceiling

The finance and economic committee has also suggested reducing the period for borrowing

kuwait-skyline

Kuwait’s $65bn debt plan in peril after draft law rejected

The bill was designed to raise as much as $65bn