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Global Investment House has signed an agreement to acquire two retail warehouses in the towns of Bury and Grimsby in the north of England. The properties are let to B&Q, a le... >>
Larsen & Toubro’s hydrocarbon division has bagged a major pipeline contract with a value close to $265 million from Kuwait Oil Company.  The contract is for engineerin... >>
Retail franchise operator MH Alshaya Co. has acquired a strategic stake in Noon, the region’s new e-commerce platform, it said on Thursday. Additionally, Alshaya said it will b... >>
The GCC's construction market has nearly 22,000 active projects worth $2.4 trillion, according to new research by analysts BNC Network. Its report showed that there were a to... >>
Kuwait’s fiscal deficit will narrow at a slower pace over the rest of 2017 and into 2018 than originally anticipated, according to a report. However, the risks of a fiscal cris... >>
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) has no authority over executive decisions to continue lowering global oil production, said Minister of Oil and Ministe... >>
Global oil markets are headed towards greater supply/demand balance as world oil demand is firming and OPEC and non-OPEC countries are in greater compliance on production restraint, ... >>
The global economy continues to hum along, though political headwinds and weather conditions have complicated matters in recent weeks, a report issued by the National Bank of Kuwait ... >>
Kuwait's sovereign wealth fund investments in the United States are estimated at more than $300 billion, according to the Kuwait News Agency (KUNA). The report coincides with the... >>
Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced Wednesday that its wholly-owned subsidiary KUFPEC Norway AS has reached an agreement to acquire a 15 percent interest ... >>
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