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Kuwait Investment Authority (KIA) has appointed Farouk Bastaki as managing director to replace Bader Mohammed al-Saad, newspaper al-Rai reported on Monday, quoting unnamed sources. T... >>
The decision by OPEC, the 13-member Organization of Petroleum Exporting Countries, in late November 2016 to pare production after an 8-year hiatus helped to immediately push up inter... >>
National Real Estate Company (NREC), a Kuwait-based developer with projects exceeding $1 billion in Egypt and the UAE, has signed an agreement for a $101.5 million loan. The develope... >>
Gulf Bank was honoured to receive the ‘Best Training Plan 2016’ award during the opening ceremony of the first Organizational Learning Conference organized by the Kuwaiti... >>
Kuwaiti Oil Minister Essam al-Marzouq said on Monday current oil prices were good and are expected to rise with higher compliance to an output reduction deal agreed to by OPEC and no... >>
Unveiling its plans for future growth and market expansion in the GCC, Rotana, one of the leading hotel management companies in the Middle East, Africa, South Asia and Eastern Europe... >>
Income from oil exports, which accounts for over 90 percent of Kuwait’s budget revenue and nearly half of the country’s GDP, has been boosted in recent months by higher i... >>
Women represent only 2 percent of board positions across the Gulf region and only account for only 17 percent of all executive roles in UAE, a new report has showed. The study pu... >>
Kuwait Cement Co has announced it will sell its stake of Kuwait Food Company (Americana) to Adeptio. Gulf-based investment group Adeptio, led by prominent Dubai businessman Mohamed A... >>
The growing demand for energy globally and rising rate of consumption locally highlight need to implement far-sighted vision of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber A... >>
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