South African business delegation visits Kuwait

The South African Department of Trade and Industry (DTI) will lead a business delegation from the nine different provinces in South Africa to Kuwait...

Banks to offer higher interest on KD deposits

Following reports that some banks were paying higher interest on dollar deposits than on deposits in local currency, the Central Bank of Kuwait (CBK)...

Oil to continue sustaining economy

To build a sustainable and competitive economy, Kuwait must overcome the challenges posed by over-reliance on hydrocarbon assets and look at diversifying its revenue...

Oil Minister affirms deep rooted oil relations with Vietnam

Kuwaiti Minister of Oil, Electricity and Water Dr. Khaled Al-Fadhel affirmed on Wednesday, the deeply rooted relations in field of oil shared between Kuwait...

Kuwaiti experts state banking shares’ trading stable

Kuwaiti economists described the trading of shares in the banking sector enlisted in Boursa Kuwait as "stable" and most committed to seasonal disclosure. In...

Locally grown COFE app partners with American Express

Kuwait based COFE app, the country’s favorite online coffee marketplace app, recently announced their partnership with American Express Middle East (AEME), the world class...

Jet Airways’ $3billion debt scares away potential investors

Plans for the resurrection of India’s Jet Airways was dealt a fresh blow on Monday as two potential investors backed out of injecting any...

Saudi Aramco to buy a 20 percent stake in Reliance oil refinery

The highlight of the 42nd annual general body meeting of Reliance Industries on Monday was the announcement by the Chairperson Mukesh Ambani that Aramco,...

Can America and China avoid a Currency War?

China’s currency, the renminbi, weakened slightly against the dollar at the start of this week. Around the world, the immediate response was panic. Financial markets...

World’s richest lose $117 billion in one day market meltdown

The wealthiest 500 people on Earth lost 2.1% of their collective net worth on Monday as US stocks plunged in their biggest drop this...

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