Kuwait May Abandon Dollar Peg to Protect its Economy

Kuwait, the third-largest Arab oil producer, may abandon the dinar's peg against the dollar in favor of a basket of currencies to help minimize economic harm after the dollar declined.

//tinyurl.com/28z8jp



Gulf states seen shifting away from U.S. assets

Oil-rich Gulf Arab estates are seen shifting their assets away from the United States, and Qatar is keen on customer states including Asia and Europe as destination, the country's financial regulator says.

//tinyurl.com/2g5ns6


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