Business
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Petrofac temporarily ‘Q-listed’ in Kuwait
Petrofac, the UK-based engineering and construction services provider, has been temporarily barred from participating in new oil and gas tenders…
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Kuwait advances Vision 2035 with second phase of Thought Leadership Circle
The second phase of the Thought Leadership Circle: Reshaping the Digital Landscape, co-hosted by the Kuwait Direct Investment Promotion Authority…
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Partial migration of ‘Prize Account Funds’ to fixed-interest deposits amid draw suspension
Around 2.5 billion dinars are estimated to be held in prize accounts, with partial liquidity now moving to fixed-interest deposits.…
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$40 billion Kuwait investment push highlights ‘real opportunities’ as Markaz unveils 2026 Market Vision
Markaz unveils 2026 market vision amid strong global, regional, and technological shifts shaping investment strategies. Plans to inject 40 billion…
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SME crisis deepens: Over 3,000 Kuwaiti companies sought license cancellation in 2025”
A growing number of small and medium-sized enterprises in Kuwait are being pushed to the brink, with many already shutting…
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KOC honored for innovation, sustainability, executive excellence at International Business Awards 2025
The Kuwait Oil Company (KOC) has won four prestigious international awards from International Business magazine for 2025, recognizing the company’s…
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Kuwait enters the near future with economic indicators signaling wider growth opportunities
Kuwait is approaching the coming period supported by economic indicators that suggest a broader and more sustained growth trajectory than…
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Banks see wave of loan settlements after revival of Debtor Arrest Law
Personal loan departments across Kuwaiti banks are witnessing an unusual spike in activity, as defaulting borrowers—some of whom had been…
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1.2 bln dinars contract approved to complete Mubarak Al-Kabeer Port Phase One
The Central Agency for Public Tenders has approved the Ministry of Public Works’ request for direct contracting with China State…
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Kuwait bourse sees sharp rise in pledged stocks as liquidity needs grow
The continued rise in pledging activity throughout 2025 points to several key trends: Higher liquidity needs among companies and investors,…
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