Fixed Income News

Rasameel Investment Co. has acquired two student housing properties in the UK
24 January 04:38 PM Kuwait’s Rasameel acquires KWD 16m properties in UK
Mubasher: Rasameel Investment Co. has acquired two student housing properties in the United Kingdom at a total value of GBP 38 million (KWD 16 million). Located in Exeter, the first property, which amounts to GBP 20 million (KWD 28.38 million), …
Kuwait’s holdings of the US treasuries increased by 25.2% year-on-year
18 January 04:51 PM Kuwait’s holdings of US treasuries shrink 6.6% in November
Mubasher: A decline of 6.6% was registered for Kuwait’s holdings of the US treasury securities during November 2017 compared to October 2017. Kuwait’s holdings of the US government securities, including bills, notes, and bonds, decreased to $36.8 …
The emirate’s needs of natural gas are fully secured
18 January 12:44 PM Dubai to reduce gas-dependence to 60% by 2030
Dubai – Mubasher: Dubai Electricity and Water Authority’s (DEWA) CEO Saeed Mohammed Al Tayer on Thursday stated that Dubai was planning to reduce its dependence on natural gas to 60% by 2030. This goal will be achieved through the diversification …