Jordan to open Arab first pediatric cancer hospital
The Kuwaiti stock market is experiencing a severe crash that has resulted in losses exceeding 70% since the beginning of the year. The market index has dropped more than 108 points to reach 472 points, the lowest level in seven years. This decline has impacted the value of listed companies, with the market capital falling to approximately 23 billion Kuwaiti dinars—an 80% decrease from its value a year ago. The reasons for this collapse are attributed to the global economic crisis, combined with local political repercussions and rising inflation rates, which have led to a loss of confidence in the market and a sharp sell-off of assets. Investors continue to experience anxiety, with expectations that the deterioration will persist until the end of 2026, and forecasts indicate stock values could decline by anywhere between 35% and 108%.
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