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An Austrian energy expert has downplayed the impact of the Iranian president's threats to prevent export of oil across the Arabian Gulf. In a statement to KUNA, Heinz Gartner sai... >>
Kuwait National Exchange WLL, a leading money transfer and foreign currency exchange provider and a member of the UAE Exchange Group, announced its rebranding as 'Unimoni'. T... >>
The Pentagon’s arms sales agency would have to tighten discounts it has awarded wealthy Middle East nations, and disclose the rationale for the discounts to Congress, under pro... >>
Kuwait parliament on Wednesday passed the budget for the 2018-2019 fiscal year, projecting a huge deficit for the fourth year in a row amid a shrinking economy. The shortfall for the... >>
The rupee collapsed to a lifetime low of 69.10 against the US dollar by plunging 49 paise in early trade Thursday as rising crude oil prices deepened concerns about the country's... >>
An oil-production reduction deal between members of the Organization for Petroleum Exporting Countries (OPEC) and several non-OPEC petroleum exporters, which came into force from Jan... >>
Rents in prime commercial properties in Kuwait City have returned to the peak levels, last experienced in 2008, according to CBRE. Its Q1 Kuwait Market Snapshot said monthly rate... >>
Finance Minister Nayef Al-Hajraf said last week that Kuwait’s General Reserve Fund (GRF) will continue to remain “critical”, even if oil prices jump to $100 a barre... >>
Oil prices that briefly flirted above $80 per barrel last week have led to calls by Russia and other leading OPEC members to reexamine the current high prices and lower it to levels ... >>
Al Ahli Bank of Kuwait is on the lookout for acquisitions in the Gulf region as it seeks to boost revenue from international operations. “We want to manage and absorb the last ... >>
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