Business
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Kuwait Stock Exchange see notable increase in foreign investors activity
The Kuwait Stock Exchange has recently seen a notable increase in foreign investor activity. Their growing participation is reflected in…
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Residency-for-Cash network busted involving 11 companies and dozens of suspects
The Ministry of Interior undercover policemen have busted a major human trafficking and forgery network involved in residence-for-cash trade. The…
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Sheikha Al-Bahar highlights Kuwaiti interest in Egypt’s expanding investment climate
The Egyptian-Kuwaiti Cooperation Council, chaired by Sheikha Khaled Al-Bahar, Deputy Head of the Kuwaiti side, hosted a working luncheon in…
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Al Hamra Tower may host World-Class Hotel pending Council approval
The Technical Committee has referred to the Municipal Council a request to allocate several floors of the Al Hamra Business…
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Kuwait’s oil projects surge to $18.5 billion, but execution lags behind
In a notable shift for Kuwait’s energy sector, the total value of active oil projects has surged by nearly a…
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Tiny Norwegian town could hold key to Europe’s rare earth independence
The small Norwegian town of Ulefoss, home to just over 2,000 people, could soon become central to Europe’s efforts to…
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Kuwait Clearing Co completes $1 billion RTGS settlement
The Kuwait Clearing Company has successfully completed its first cash settlement using the Real Time Gross Settlement (RTGS) system via…
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Experts urge reforms to facilitate OTC companies back into Boursa fold
With the Kuwait Stock Exchange revising listing requirements, attracting oil companies, and opening new avenues for public-private partnerships, investment sources…
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KFAED renews support for Maldives infrastructure and tourism growth; funds 15 projects
In continuation of a strong development partnership dating back to 1976, the Kuwait Fund for Arab Economic Development (KFAED) reaffirms…
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Finance Minister Al-Fassam, Egypt’s El-Wazir discuss boosting economic ties
Minister of Finance and Minister of State for Economic Affairs and Investment, Noura Al-Fassam, held talks with Egypt’s Deputy Prime…
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