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CEO of Kuwait National Petroleum Company (KNPC) Mohammad Al-Mutairi said the total volume of expenditure on the environmental fuel project amounted to KD 3.1 billion (about US$ 10.25... >>
Oil producers may not need to roll over a deal to cut production beyond March if all members fully comply with their pledges, the Kuwaiti oil minister said Sunday. "The current ... >>
Public-private partnership (PPP) projects that are being implemented or under planning in the Middle East and North Africa (MENA) region grew by 116 percent in value during the past ... >>
Kuwait has been successful in implementing the first phase of its economic and financial reforms, which are set to balance and develop the economy of the country, Jihad Azour, the In... >>
The OPEC group and other producers, who have agreed on production restraint, have been largely successful in stabilizing the oil market and are determined to maintain this objective ... >>
Oil-rich governments are increasingly relying on the private sector in a key change across the Middle East and North Africa, a report said Wednesday. The value of public-private ... >>
Oman Telecommunication Co, better known as Omantel, has signed an agreement to potentially buy a 12 percent stake in Kuwaiti telecommunications firm Zain. Omantel said in a state... >>
Consecutive budget deficits brought on by relatively low oil prices in recent years have led to fiscal consolidation drives, and efforts aimed at transforming and diversifying the ec... >>
Growth in the Middle East and North Africa (MENA) region is expected to fall from 3.2 percent in 2016 to 2.1 percent in 2017 before making a slow climb to 3.1 percent in 2019, says t... >>
State-run Kuwait Petroleum International (KPI) and Japan's leading refiner Idemitsu Kosan Co. are set to jointly begin operating a service station business in Vietnam next Thursd... >>
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