There are 40 exchange companies under the supervision of the Central Bank of Kuwait. KUWAIT CITY: It is customary to find branches of money exchange companies at the airport in Kuwait or anywhere else in various parts of Kuwait where money can be transferred or exchanged for different currencies. However, for local banks to provide ...

WorldRemit Ltd., a U.K. online money transfer company, has agreed to buy Africa-focused, app-based remittance firm Sendwave as the global pandemic intensifies demand for digital banking. The cash and stock deal is worth more than $500 million, according to a person with knowledge of the matter. The combined company will be valued at more than ...