Business
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Oil companies overlook possibility of $50 per barrel oil prices
The International Energy Agency (IEA) has dampened optimism about oil prices, revealing that crude oil supply currently exceeds demand by…
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Kuwait’s economic outlook shows reforms, challenges and signs of optimism
The Kuwaiti government is actively implementing a series of urgent structural reforms to tackle long-standing economic challenges, particularly its recurring…
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Fitch highlights Kuwait’s liquidity law, a key step toward financial flexibility
Fitch Ratings stated that, Kuwait’s approval of the long-anticipated financing and liquidity law will enhance the country’s financial flexibility and…
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44% of Kuwaiti consumers fall victim to digital fraud, study finds
A recent study highlighted a growing awareness among consumers in Kuwait regarding digital payment security, with 94% of customers adopting…
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Kuwait’s banknotes, coins in circulation exceed two billion dinars
According to figures released by the Central Bank of Kuwait (CBK), the total value of banknotes and coins in circulation…
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Banks demand facilities be used for business activities, not profit distribution
Banks have refused to provide financing to a listed company that sought liquidity to distribute dividends to shareholders for the…
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Kuwait, Saudi advance Dorra gas field development with Khafji Joint Operations
According to a recent report by MEED magazine, contractors are preparing to submit bids for a major $10 billion gas…
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Kuwait’s real estate transactions hit KWD 615.4 million in two months
Kuwait’s real estate market saw a remarkable surge in the first two months of this year, January and February, with…
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Kuwait’s economic reforms signal strong progress, sustainable growth
An economic report highlighted that Kuwait’s recent reforms, including taxing multinational companies, allowing foreign real estate ownership, and fast-tracking development…
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Iran’s non-oil exports to Kuwait, surge 34% in 10 months
The spokesman for the Trade Development Committee of Iran’s Council of Industries, Mines, and Trade announced a 34% increase in…
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