Wednesday, July 17, 2019

Rising oil prices dampen global growth

In its latest World Economic Outlook the International Monetary Fund (IMF) has warned of the continued downside risks to global growth from trade tensions,...

Kuwait Minister Al-Aqeel affirms significance of ‘green, blue’ economies

Kuwait's Minister of State for Economic Affairs Maryam Al-­Aqeel stressed the importance of thinking seriously about making the transition to the so­called "Green" and...

Oil price vagaries impact Kuwait economy

The 1.2 million barrels-per-day (b/d) cut in oil production instituted by the Organization of Petroleum Exporting Countries (OPEC) and some non-OPEC countries from January...

Petrochemical sales up to USD 6.8 trillion by 2020 – PIC

Growth in sales operations in the petrochemical field are expected to reach about USD 6.8 trillion around the world by 2020, said Kuwait's Petrochemical...

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...

Kuwait Fund participates in Global South-South Expo ’18

Kuwait Fund for Arab Economic Development (KFAED) was participating in the Global South Expo 2018, held at the UN headquarters in New York. KFAED...

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...

Kuwait commerce ministry says exports surged to KD 2 mln last month

Kuwait's exports rose by KD two million (USD 6.565 million) in December, as compared to the previous year, the ministry of commerce and industry...

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 content over COMCEC’s adoption of ‘easing of trade’ – Minister

Kuwait is content over adopting "easing of trade" among OIC members by COMCEC Standing Committee, said Finance Minister Nayef Al­Hajraf Wednesday. In a speech...

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