Business
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LuLu AI Invests in PayLater Qatar to Advance the Future of Financial Inclusion
LuLu AI, the investment arm of LuLu Financial Holdings, has announced a strategic investment in PayLater Qatar, one of the…
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Kuwait-US engage in energy dialogue in Washington
Kuwait’s Ambassador to the US, H.E.Sheikha Al-Zain Al-Sabah, and Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Al-Saud met with US…
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Oil prices dip amid surprise rise in U.S. inventories and cautious sentiment over Iran
Oil prices edged lower today (Thursday) as an unexpected increase in U.S. crude and fuel inventories sparked renewed concerns about…
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As nations race to secure place in future, Kuwait charts a bold economic move
In a rapidly evolving global economy, where nations are racing to secure their place in the future, Kuwait has chosen…
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Kuwait under pressure to enforce fines on firms failing to disclose beneficial owners
In response to directives from the Financial Action Task Force (FATF), the Kuwaiti Ministry of Commerce and Industry is under…
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MAGRABI retail group to acquire leading Kuwaiti retailer Kefan Optics
MAGRABi Retail Group, the Middle East’s leading eyewear retailer, announces the proposed acquisition of 100% of the issued share capital…
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CMA pushes market modernization; judicial powers assigned to staff
Imad Tifouni, Chairman of the Board of Commissioners of the Capital Markets Authority (CMA), has issued Resolution No. 92 of…
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Kuwait plans to borrow up to 6 bln dinars to fund projects
Faisal Al-Muzaini, Director of the Public Debt Department at the Ministry of Finance, announced that Kuwait plans to borrow between…
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Gulf inflation up 1.7% in 2024, still below EU and major trade partners
The Statistics Center of the Gulf Cooperation Council (GCC-Stat) announced that the annual inflation rate across GCC countries rose by…
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Japan offers ample opportunities for Kuwaiti businessmen, entrepreneurs
The Japanese Ambassador to Kuwait, Kenichiro Mukai, said Kuwaiti businessmen and entrepreneurs have numerous investment opportunities in Japan, supported by…
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