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The GCC requires a combined $131 billion worth of investment in electricity generation, transmission and distribution over the next five years to cope with increasing demand from gro... >>
Twenty14 Holdings (T14H), the hospitality investment arm of Lulu Group International, has completed a $120 million acquisition of the Waldorf Astoria Edinburgh - The Caledonian. ... >>
Commitment levels to a deal between OPEC and non-OPEC members to limit oil production reached 125 percent last month, Kuwait's Oil Minister Bkheet Al-Rashidi said on Wednesday. I... >>
Following in the footsteps of Saudi Arabia, Egypt and Palestine, Kuwait joins the Arab countries which have issued fatwas against trading in the virtual currency Bitcoin, reports Al-... >>
The agreement to supply Kuwait with Iraqi gas is facing difficulties after Iraq rejected the price offered by Kuwait for its gas which took into consideration the compensation owed t... >>
Kuwait's High Petroleum Commission has confirmed that Kuwait Petroleum International (KPI), a Kuwait Petroleum Corporation (KPC) affiliate, now owns a 50 percent share of Oman... >>
Bateel International, the GCC’s leading cultivator, producer and luxury retailer of gourmet foods, is pleased to announce the appointment of Michael Nielsen to the position of ... >>
Kuwait’s consumer sector showed signs of recovery in the third quarter of 2017 after a slowdown in 2016 and the first half of 2017, according to a new report from NBK Economics... >>
Oil prices were little changed on Monday, trading near their highest since May 2015, as political concerns in some OPEC nations offset projections for higher US oil production. &... >>
Kuwait is the latest among countries in the region looking to replace crude oil in domestic power generation with the less expensive and more environmentally friendly Liquefied Natur... >>
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