Wednesday, July 17, 2019

Jazeera Airways announces 2018 earnings

  Jazeera Airways today announced its financial and operational results for the financial year ending December 31, 2018, reporting a record growth of 42.8% in...

Trump removes India from special trade status

he Trump administration announced Friday that it's ending special trade treatment for India, removing a status that exempts billions of dollars of the country's...

Kuwait Finance Minister urges retirees’ experience to be tapped

Kuwaiti Minister of Finance Nayef Al­Hajraf said on Monday it is imperative for the society to revise its negative attitude towards the retirees, and...

Alsayer wins prestigious KNPC Award

Al Sayer Group, the leading Conglomerate in Kuwait, was awarded with the twelfth Health, Safety and Environment Performance Award. This annually held event, organized...

Growth to falter as oil output cuts take effect

Home to the sixth-largest oil reserves in the world and the seventh-highest crude oil exports, Kuwait’s economic well-being is overwhelming tied to global oil...

‘Belt and Road’ initiative fulfills Kuwait’s strategic vision, says ambassador

Kuwait's Ambassador to China Samih Jowhar Hayat reiterated Friday Kuwait's support for the 'Belt and Road' initiative, which coincides with its own strategic vision,...

Digital economy has become basic foundation of global economy

Digital economy has become one of the most important and mostly used applications nowadays to the extent that it has turned into a basic...

KNPC to export 120,000 bpd to Asia – Official

Kuwait National Petroleum Company (KNPC) signed new contracts with Asian countries to export 120,000 barrels of oil per day to them, said Deputy Managing...

Q8 expands Belgium network with 75 acquisitions

Kuwait Petroleum International (Q8) is expanding heavily in the development of its European network following its acquisition of 75 service stations from U Car...

Foreigners can own, trade local bank shares in Kuwait

The Kuwaiti Ministry of Commerce and Industry has issued a decision allowing foreign investors to own and trade in Kuwaiti banks’ shares. But the...

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