Posted inBahrain, China, Egypt, Kuwait, Middle East, Turkey, World

Kuwait lender eyes China business amid Gulf saturation

Kuwaiti bank KFH is looking to open branches in China and Egypt, CEO Mazin Saad Al-Nahedh said on Sunday, reports Bloomberg. “There are opportunities for a Kuwaiti bank to operate in China,” Al-Nahedh said. “We’ve thought about it because of China’s emergence, obvious importance to the world economy. We’re reaching saturation, particularly in the GCC […]