Kuwaiti expert points out economic recession responsible for oil prices’ slum

Oil prices' slump is primarily linked to drastic contraction of economic activities worldwide due to spread of the novel coronavirus (COVID-19), the Kuwaiti oil...

Saudi wealth fund to pick up stake in India’s Jio for $1.5 billion

Saudi Arabia’s wealth fund PIF is all set to pick up a stake in India’s digital platform Jio, part of the Reliance Industries empire...

Kuwait seeking exit strategy for investments in some foreign countries

Kuwait is working towards restructuring its foreign investments as part of strategies implemented by the Kuwait Investment Authority (KIA) to focus on sectors that...

General reserve investments decrease by KD7 billion

At a time when economic reforms are faltering, Al Qabas reported, quoting informed sources estimated that the public reserve investments in the fiscal year...

WhatsApp, Instagram face global outage

No messages were getting delivered on WhatsApp, users tweeted, while no content could be loaded on the photo- and video-sharing app Instagram Users of WhatsApp...

Memac Ogilvy names Till Hohmann as Chief Creative Officer for MENA

Memac Ogilvy has named globally recognized creative Till Hohmann as its new Chief Creative Officer for the MENA region. Hohmann rejoins the agency, having...

ALSAYER is the winner of the 14th prestigious cycle of the Arabia CSR Awards

ALSAYER achieved the First place in the 14th prestigious cycle of the Arabia CSR Awards organized by Arabia CSR Network (ACSRN) on 4th October...

Al Muzaini Exchange opens its’ 119th branch in Al Dhajeej

Al Muzaini Exchange, a renowned financial solutions provider and the leading exchange house in Kuwait has opened its’ 119th branch in Al Dhajeej Block...

Rise in oil prices provides opportunities for Kuwait, will govt take advantage?

MEED magazine said in a report that for years, the high level of public spending in Kuwait and the relative lack of liquid assets...

Turkish lira, Saudi riyal the most sought after in the currency market during the...

The travel of about 242,000 citizens and residents during the national holidays revived the exchange market in Kuwait, under pressure from the increased demand...

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