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For the first time since November 2014, oil crossed US$80 a barrel last week fueled by fears that revived sanctions on Iran by the US could reduce crude exports from OPEC’s thi... >>
It is, according to Ehsan Khoman, head of research and strategist for MENA at global bank MUFG, “mayhem in May” for the global oil markets as geopolitics threatens to imp... >>
Oncost Cash & Carry, Kuwait’s first membership-based wholesale store in a retail format, is reported to be in looking to takeover the Gulfmart chain of supermarkets in the ... >>
Kuwait National Petroleum Company (KNPC) on Wednesday reported KD 135 million (USD 472 million) in net profits for the fiscal year 2017-2018. There were also increases for total ... >>
New restaurants are set to open in Kuwait, Saudi Arabia and Bahrain Popular Dubai cafe brand More has announced a franchising expansion after signing off new outlets in Kuw... >>
Brent oil prices that have hovered over the US$60 per barrel mark since October 2017 along with prevailing benign global economic environment have given a much-needed fillip to GDP g... >>
Last week’s shake-up of Kuwait’s equity market, specifically aimed at attracting investors and encouraging initial public offering (IPO), is part of the package of reform... >>
Jazeera Airways said on 5 April that its own dedicated terminal at Kuwait International Airport will receive its first passengers by mid-May. The first arrivals following a record co... >>
Changes to Kuwait’s equities market are taking the stock exchange “to the next level,” according to one of the country’s biggest investors. The Gulf nation th... >>
Following forecasted subdued inflationary pressures in Kuwait throughout 2018, inflation will rise in 2019 following the implementation of value-added tax (VAT) in 2019, according to... >>
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