Kuwait
Kuwait’s $4.2b airport expansion hits construction milestone
KUWAIT CITY: The Emir of Kuwait, Sheikh Sabah al Ahmad al Sabah, and the President of Turkey, Recep Tayyip Erdoğan,...
Kuwait court backs gov’t over petrol price hikes
KUWAIT CITY: Kuwait's appeals court ruled Sunday that a government decision to raise petrol prices was in line with the...
Kuwait non-oil business to see 4% growth
KUWAIT CITY: Kuwait’s non-oil growth is expected to improve to 3.5-4 per cent in 2017 and 2018, while inflation is...
Kuwait sells 2017-18 annual naphtha supplies at lower premiums
KUWAIT CITY: Kuwait Petroleum Corp (KPC) has sealed new annual naphtha supply deals at lower premiums than a year ago,...
RAM assessing impact of GCC diplomatic row over Qatar
KUWAIT CITY: RAM Ratings is currently assessing the impact of the current diplomatic row centred on Qatar in the Middle...
Mubadala commits $15b to Softbank Vision Fund
KUWAIT CITY: Abu Dhabi-based Mubadala Investment Company has confirmed it has made a $15 billion commitment to the Softbank Vision...
Average Gulf gov’t deficit exceeds 11% of GDP amid oil price fall
KUWAIT CITY: Gulf governments collectively registered a budget deficit of more than 11 percent of gross domestic product (GDP) in...
Average Gulf gov’t deficit exceeds 11% of GDP amid oil price fall
KUWAIT CITY: Gulf governments collectively registered a budget deficit of more than 11 percent of gross domestic product (GDP) in...
Mubadala commits $15b to Softbank vision fund
KUWAIT CITY: Abu Dhabi-based Mubadala Investment Company has confirmed it has made a $15 billion commitment to the Softbank Vision...
Kuwait Finance House sees Q3 net profit rise 20%
KUWAIT CITY: Kuwait Finance House (KFH), the country's biggest Islamic lender, reported a 20.5 percent rise in third-quarter net profit...
Kuwait places travel ban on 20 real estate execs for alleged fraud
KUWAIT CITY: A travel ban has been placed on 20 executives from a real estate company in Kuwait after they...
Kuwait finance house sees Q3 net profit rise 20%
KUWAIT CITY: Kuwait Finance House (KFH), the country's biggest Islamic lender, reported a 20.5 percent rise in third-quarter net profit...
Kuwait G-7 States begin summit with call for effective decisions
KUWAIT CITY: Inauguration ceremony of the scheduled G-7 Summit kicked off in the Sicilian city of Taormina on Friday with...
Drug-smuggling pigeon caught in Kuwait
KUWAIT CITY: Pigeons usually known to carry messages of love and peace caught in while carrying out an illegal act...
Pakistan blocks sale of Meezan Bank stake, says Kuwait’s Noor
KUWAIT CITY: Kuwait's Noor Financial Investment Co said the proposed sale of its stake in Karachi-based Meezan Bank had been...
Kuwait calls for facilitating GCC customs procedures
KUWAIT CITY: Kuwait Minister of Commerce and Industry Khaled Al-Roudhan called on Monday for facilitating customs procedures and movement of...
Kuwait Customs officers ‘foil’ Asian’s bid to smuggle in 32,000 narcotic pills
KUWAIT CITY: Customs officers at #Kuwait International Airport arrested an Asian after finding 32,000 narcotic pills in his luggage. The...
Demand for diesel gensets to be augmented due to shortage of power supply
KUWAIT CITY: A new publication, added by Transparency Market Research (TMR) to its repository, provides a comprehensive analysis of the...
OPEC net oil revenues lowest in 2016
KUWAIT CITY: Members of the Organization of the Petroleum Exporting Countries (OPEC) earned about $433 billion in net oil export...
Joint naval forces foil smuggling Somalia’s coal into Kuwait
KUWAIT CITY: The joint naval forces command in Bahrain Wednesday announced thwarting an attempt of smuggling shipments of Somalia coal...
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