Business
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Hapag-Lloyd criticizes Trump’s Strait of Hormuz fee plan
German international shipping company Hapag-Lloyd has criticized plans announced by US President Donald Trump to charge ships for the transit…
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Kuwait’s cross-border lending surges 22.7 percent, 6.8 billion dinars
Loans to non-residents rose to 6.809 billion dinars, up 22.7% year-on-year. Local banks’ deposits with foreign banks increased sharply to…
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Fresh Gulf travel advisories issued, what travelers to Kuwait, UAE, Qatar, Bahrain should know
Gulf tourism stands firm amid regional tensions as Asian nations issue fresh travel advisories Airports remain open, attractions welcome visitors,…
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Europe’s jet fuel reserves fall below one month as Gulf tensions threaten supply
Hormuz Risks Threaten Supplies: Renewed military conflict around the Strait of Hormuz—a route carrying about 20% of global seaborne oil…
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KSE ends trading higher as market activity surpasses 60 million dinars
The latest performance reflects steady market engagement as investors continue to monitor corporate developments, economic indicators and broader regional market…
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Stable prices keep GCC inflation at 1.8% despite global economic pressures
Inflation across the GCC has followed a moderate trajectory over recent years, rising from 1.5 percent in 2020 to a…
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KPC awards three-year property insurance contract to five companies
The Supreme Purchasing Committee of the Kuwait Petroleum Corporation (KPC) and its subsidiaries has approved the award of a comprehensive…
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EU mandates replaceable smartphone batteries and USB-C charging from February 2027
EU will require all mobile phones and tablets sold across its member states to feature user-replaceable batteries from February 18,…
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Gulf Projects Market roars back with $140b in new contracts despite regional turbulence
The Gulf Cooperation Council (GCC) projects market has demonstrated remarkable resilience, closing the first half of 2026 with stronger-than-expected performance…
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Kuwait-Saudi joint committee charts future of oil operations in Divided Zone
The meeting concluded with both sides reaffirming their shared commitment to expanding energy cooperation, enhancing operational excellence and ensuring the…
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