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...

KNPC to spend USD 25 bln on oil projects by 2040

Kuwait National Petroleum Company said Sunday the volume of its current oil projects, part of its 2040 strategic plan, is estimated at about KD...

Kuwait oil price rises to USD 65.50 pb

Price of the Kuwaiti crude oil rose 64 cents to USD 65.50 per barrelin Thursday's trades, compared to USD 64.86 pb in the Wednesday...

Geopolitical developments behind fluctuating oil prices – OPEC

The geopolitical developments and the global oil reserves situation are the reason for the fluctuating oil prices between around US$110 pb in 2012 and...

Competition law set to pass through Kuwait’s parliament – Minister

A new competition law pending approval by lawmakers will be referred to parliament for its upcoming session, said Kuwait's Minister of Commerce and Industry...

Oil producers to cut output by 2-3 percent – UAE official

UAE Minister of Energy Suhail Al­Mazroui said on Sunday that oil output by OPEC producers would be cut by three percent, and two percent...

Kuwait to lure US$2.5 billion foreign investment after bourse promotion – firm

Kuwait's stock exchange looks set to secure foreign investment worth USD 2.5 billion after it improved its ranking in the MSCI Emerging Markets Index,...

Middle East faces sharp decline in economic growth

Economic growth in the Middle-East is expected to face a sharp decline in 2019, from the 1.5 percent in 2018 to 0.6 percent this...

Women in Leadership Economic Forum 2019 Opens to over 600 guests

Gathering women and men from various sectors, the 10th anniversary edition of the Women in Leadership (WIL) Economic Forum by Naseba opened today at the Address Sky...

Twenty14 Holdings marks entry into Switzerland with new IntercityHotel Zurich Airport

Twenty14 Holdings (T14H), the hospitality investment arm of Abu Dhabi-based LuLu Group International, has entered into a forward purchase contract with Swiss real-estate developer...

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