Oil prices expected to rise to $75 per barrel

Kuwaiti oil analyst Mohamad Al-Shatti warned on Tuesday that Saturday's attack on oil facilities in Saudi Arabia would have serious effects on the global...

Billions worth of investment expected after Boursa upgrade

The upgrade by Morgan and Stanley Capital International (MSCI) is expected to result in billions of dollars of investor inflows into the Boursa. In...

‘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,...

Kuwait GDP climbs in Q3, 2018 – NBK

Kuwait's gross domestic product (GDP) rose 1.8 percent on annual basis in Q3 2018, the National Bank of Kuwait (NBK) said in a report...

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...

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...

Saudi investors in Kuwait to explore opportunities

A Saudi trade delegation is currently visiting the country to discuss prospected joint enterprises by businessmen from the two neighboring countries. The Saudi delegation visit...

KNPC executes its 2nd largest venture at US$1.4 billion

The fifth gas liquefaction unit is the second largest venture launched by Kuwait National Petroleum Company (KNPC), the company said in a press release...

Import duty on gold could hurt Indian jewelry businesses

Malabar Gold & Diamonds, with an annual turnover in excess of US$4.5 billion, a retail network of 250 outlets spread across 10 countries, and...

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...

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