Business
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CAPT limits projects to 2 million dinars for smaller firms
The Central Agency for Public Tenders has instructed ministries, public bodies, and government institutions to issue tenders for infrastructure, construction,…
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Kuwait is most ‘reliable and stable energy partner’: Professor Shinoda
Professor Kunihiko Shinoda of the National Graduate Institute for Policy Studies (GRIPS) in Tokyo praised Kuwait calling it a “reliable…
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Unlock Adventures for Two with Jazeera Airways “Buy 1 Get 1 Free” Offer
Jazeera Airways is thrilled to announce an exclusive “Buy 1 Get 1 Free” promotion. This new offer makes it more…
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Oil prices slip as U.S. holds back on Russian supply measures
Oil prices fell today after the United States refrained from imposing tougher restrictions on Russian energy exports, easing fears of…
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Govt reviews Public Funds Law amendments to safeguard investments and business climate
In a positive step to fulfil the vision of the political leadership to transform Kuwait into a financial and commercial…
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GCC gross national income drops to $2.143 trillion in 2023 amid non-oil sector growth
The Gulf Cooperation Council (GCC) Statistics Center reported that the gross national income of GCC countries stood at $2.143 trillion…
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AMF forecasts steady growth for Kuwait, GCC economies in 2025-2026
The Arab Monetary Fund (AMF) has published the 21st edition of its “Arab Economic Outlook,” outlining growth forecasts and economic…
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PFP law amendments spark concerns over business environment, dent investor confidence
Recent amendments to Kuwait’s Public Funds Protection Law, approved by the Council of Ministers last week, have stirred significant concern…
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Lulu retail reports H1 revenue of $4.1 billion, up 5.9% YoY
Lulu Retail has announced its H1 2025 financial results, delivering a solid 9.1% year-on-year increase in net profit to $127.0…
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Market eyes Trump-Putin summit as gold prices remain under pressure
Gold prices rose slightly today, but remained on track for a weekly decline after stronger-than-expected US inflation data reduced expectations…
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