Business
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Trump hails ‘historic’ Venezuela oil deal as biggest in world history
Will give the United States access to more than 65 billion barrels of Venezuelan oil and double US oil reserves,…
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India emerges as a major alternative to China in global electronics manufacturing
For years, China dominated global electronics manufacturing, producing more than two-thirds of the world’s smartphones at its peak. But the…
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Bank deposits rise 5.8 percent to 62.64 billion dinars, while government deposits jump 46.3 percent
Credit extended by Kuwaiti banks rose to 65.025 billion dinars by the end of July 2026, up 1.282 billion dinars,…
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CBK tightens beneficial ownership rules for Kuwait banks and financial firms
Banks, exchange and finance companies face penalties for failing to identify and report changes in beneficial ownership The Central Bank…
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Kuwait floats $3.3bn tender for Al-Durra gas processing facility
Kuwait Gulf Oil Company has floated a tender for the construction of an onshore gas processing facility near the Al-Zour…
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Kuwait ranks third in Gulf with $250 million in contracts awarded in July
Kuwait ranked third among Gulf countries in the value of contracts awarded in July, with projects worth $250 million, according…
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Toyota named Most Influential Automotive Brand
Based on the results of Ipsos’ inaugural “Most Influential Brands (MIB) in Kuwait 2026” study Mohamed Naser Al-Sayer & Sons…
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Jazeera Airways welcomes new Tajikistan Ambassador to Kuwait
Meeting highlights growing Kuwait–Tajikistan ties and the role of direct air connectivity in supporting tourism, trade, investment and greater people-to-people…
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Kuwait banks seek to extend customer complaint processing deadline to 6 working days
Local banks are seeking to change how the deadline for processing official customer complaints is calculated, effectively giving them an…
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US considers new 7.5 percent China tariff to counter cheap goods, excess capacity
US President Donald Trump is considering a new 7.5% tariff on Chinese goods as his administration moves to penalize China…
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