Business
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CCCC begins site preparations for Mubarak Port Project on Bubiyan Island
The China Communications Construction Company Limited (CCCC) has begun field preparation works at the site of the Mubarak Al-Kabeer Port…
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MCI reopens real estate exhibitions after 9 years with strict no-sales rules
In a sweeping regulatory move, Minister of Commerce and Industry Khalifa Al-Ajil has tightened the rules on real estate exhibitions,…
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79 properties worth 61 mln dinars traded in Kuwait in first week of 2026
Kuwait’s real estate market recorded 79 property transactions worth approximately 61 million dinars during the first week of 2026, according…
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KGOC poised to float $3.3 billion onshore gas project tender
Kuwait Gulf Oil Company (KGOC) is expected to float a tender for a major onshore gas facility development project, with…
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Kuwait breaks 720 million cubic feet barrier in free gas production, targets 1 billion per day
Kuwait is witnessing a major qualitative leap in free gas production as exploration and development operations advance in line with…
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KSE upgrades four companies worth 1.1 billion dinars to Premier Market
The Kuwait Stock Exchange (KSE) has promoted four listed companies from the Main Market to the Premier Market following its…
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Zero-interest deposits exceed 10.1 bln dinars as Kuwait’s banking liquidity strengthens
A strong inflow from the private sector powered a 9.7 percent rise in total bank deposits during the first 11…
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Kuwait tightens corporate oversight; 516 firms lose license
Minister of Commerce and Industry Khalifa Al-Ajil has issued Ministerial Decision No. 196 of 2025, ordering the revocation of commercial…
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Kuwait weighs cancelling $8.7bn oil project tenders after bids exceed budgets
Kuwait is reviewing the possible cancellation of a series of major upstream oil project tenders valued at approximately $8.7 billion,…
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Turkey’s bilateral trade breaks $1bn barrier as investment ties deepen
With rapid growth across construction, defense, tourism and infrastructure, Türkiye and Kuwait are positioning their partnership for a new phase…
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