Kuwait
NBK net profit rises 7.8% to $929.7m in 2015
KUWAIT: National Bank of Kuwait (NBK) reported net profits of KD 282.2 million ( $ 929.7 million) for the year...
Kuwait’s crude oil exports to China jump 11.9%
KUWAIT: Kuwait’s crude oil exports to China in November jumped 11.9 percent from a year earlier to 1.07 million tons,...
KIA refusing to cooperate in sale probe
KUWAIT: Head of the National Assembly’s public funds protection committee MP Abdullah Al-Turaiji yesterday accused the state-run Kuwait Investment Authority...
Kuwait Coastguards foil attempt to smuggle 23 falcons
KUWAIT: Coastguards foiled an attempt to smuggle 23 falcons on a boat arriving from Iran, said security sources, noting that...
Kuwait police nab couple for smuggling liquor
KUWAIT: Ahmadi detectives arrested a citizen and an Asian woman for smuggling liquor, said security sources. Case papers indicate that...
Oil dives to below US$28, its lowest since 2003, as Iran sanctions lifted
KUWAIT: Oil prices hit their lowest since 2003 on Monday (Jan 18), as the market braced for a jump in...
UAE, Kuwait halt steel product imports from Iran
DUBAI: Exports of Iran’s steel to the UAE and Kuwait were halted following the escalation of tensions between Iran and...
Exports of Iran’s steel halts to UAE, Kuwait
TEHRAN: Exports of Iran’s steel to the UAE and Kuwait were halted following the escalation of tensions between Iran and...
Customs agents at airport busted for taking bribes
KUWAIT: Residency Affairs detectives arrested two employees at the airport for their involvement in enabling wanted persons and those with...
Kuwait Burgan Bank picks arrangers for KD 100m bond
KUWAIT : Burgan Bank, Kuwait’s third-largest lender by assets, has picked two arrangers for a potential 100 million dinar ($329.4...
Kuwait police nab indian liquor smuggler
KUWAIT: An Indian expatriate smuggler was arrested in Fahaheel area in possession of 167 bottles of locally manufactured liquor. According...
Kuwait’s trade surplus narrows in Q3 of 2015
KUWAIT: Kuwait’s trade surplus narrowed in 3Q15 on the back of lower oil revenues. However, the surplus remains relatively healthy...
Kuwait’s Burgan Bank says in final stages of picking banks for 100 mln dinar bond
KUWAIT: Burgan Bank, Kuwait's third-largest lender by assets, said on Wednesday it was in the final stages of picking banks...
Analyst expects Kuwaiti oil price to hit $34 in 2016
KUWAIT: The expected average price for Brent Crude oil in 2016 is $39 per barrel, equivalent to $34 per barrel...
Kuwait trade surplus narrows in Q3 on lower oil revenues
KUWAIT: Kuwait’s trade surplus narrowed in 3Q15 on the back of lower oil revenues. However, the surplus remains relatively healthy...
Amana, Arabic Trader launch new firm in Kuwait
KUWAIT: Amana Capital, a leading Middle Eastern financial services group and Arabic Trader, a leader in financial content and professional...
Kuwait’s CID nabs three drug smugglers
KUWAIT CITY: Personnel from the Criminal Investigations Department have arrested three people — two Lebanese and an American — for...
Kuwait Customs seizes 3kg marijuana
KUWAIT: An Asian man was arrested at Kuwait International Airport with possession of marijuana which he admitted of attempting to...
Kuwait Customs seizes 3kg of marijuana at airport
KUWAIT: An Asian man was arrested at Kuwait International Airport with possession of marijuana which he admitted of attempting to...
Kuwait police nab 2 liquor smugglers
KUWAIT CITY: Securitymen from Ahmadi Security Directorate arrested two smugglers in Mangaf for the possession of 243 bottles of local...
