Business
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Kuwait oil price falls US $7.38 to US $81.31 per barrel
The price of Kuwaiti oil fell by US $7.38 to US $81.31 per barrel in Tuesday’s trading from US $88.69…
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Kuwait reaffirms commitment to economic diversification and foreign investment
Kuwait is stepping up efforts to diversify its economy, strengthen the role of foreign investment and create a more attractive…
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KOTC wins int’l maritime security, safety award
Kuwait Oil Tanker Company (KOTC) has won the regional and international Maritime Security and Safety Award presented by The Maritime…
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How the UAE became one of India’s biggest oil suppliers
India eyes oil storage in Fujairah after UAE crude helped fill emergency reserves in 2018 The evolving partnership underscores how…
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Sheikh Jaber Ahmed Al-Sabah appointed KPC Director of Public Relations
Kuwait Petroleum Corporation (KPC) has appointed Sheikh Jaber Ahmed Al-Sabah as Director of Public Relations within its Integrated Services Group,…
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CBK tightens oversight of electronic fraud, orders 24/7 response teams
The Central Bank of Kuwait (CBK) has tightened its oversight of electronic financial fraud, instructing exchange companies, electronic payment service…
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Kuwait regulates freelance businesses, allows companies to operate without physical shops
The Ministry of Commerce and Industry has issued two ministerial resolutions establishing a regulatory framework for freelance business activities in…
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Jazeera Airways Q3 2026 net profit declines 47.4% to KD 7.1m
Jazeera Airways today announced its financial results for the third quarter of 2026, reporting a 47.4% decline in net profit…
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Kuwait’s cash in circulation reaches 1.949 billion dinars at end of October
Banknotes reach 1.917 billion dinars as coins total 31.2 million 20-dinar and 10-dinar notes dominate Kuwait’s 1.949-billion-dinar cash pool Cash…
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PAI closes 31 industrial plots in eight areas over multiple violations
The Public Authority for Industry (PAI) has ordered the closure of 31 industrial plots across eight areas in Kuwait for…
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