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The long-operating Shuaiba refinery will shut down on April first after years of contributing to Kuwait's economic welfare and progress. An event, slated for Thursday, will initi... >>
Amazon.com has agreed to buy Middle East online retailer Souq.com, thwarting a last-minute bid by Dubai billionaire Mohamed Alabbar's Emaar Malls, first revealed by Arabian Busin... >>
Oil at $50 to $55 a barrel would put producers in a “good position” with stockpiles expected to fall later this year, according to Kuwait’s Oil Minister Issam Almar... >>
A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statem... >>
Emerging governments and companies raised close to half-a-trillion dollars on global bond markets last year and early indications are that 2017 could see even more deals, with Gulf c... >>
It was a bleak day for emerging-market equities around the world on Wednesday, including Kuwait’s, until two trades in one tiny stock helped jolt the country’s main index... >>
UK telecoms giant Vodafone has merged its Indian business with Idea Cellular, India's third-largest network, to create the country's largest operator. The combined company wi... >>
A joint venture (JV) between SSH and Studio Altieri has been appointed as the main design consultancy for the Kuwait New Maternity Hospital (KNMH). The JV company will work in co... >>
Compliance with agreed targets for output by the OPEC producer group reached 91 percent in February with some slight evolutions in overall production from the previous month, the Int... >>
A consortium of Canadian and Kuwaiti investors has agreed to buy a minority stake in Britain's Thames Water from funds managed by Macquarie, ending the Australian group's 11-... >>
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