Business
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KOC extends bidding deadlines for six strategic projects worth $2.5 billion
Kuwait Oil Company (KOC) has extended the bidding deadlines for six major oil and gas projects with a combined value…
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IRU reports record revenues of 8.2 mln dinars in 2024-2025, highest since inception
The Insurance Regulatory Unit (IRU) announced today that since its establishment, its revenues stood at 8.2 million dinars for fiscal…
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Kuwait to extend Boursa working hours, revamp auction system to boost market attractiveness
In a strategic step to enhance competitiveness of the Kuwaiti financial market and aligning it with global standards, plans are…
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Fed stays course on interest rates; Trump urges immediate cuts
In line with market expectations, the U.S. Federal Reserve decided on Wednesday to keep its benchmark interest rate unchanged at…
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US-China trade talks ‘candid and constructive,’ focus on tariff suspension
Senior Chinese official Li Zhenggang said today that China and the United States held “in-depth, candid, and constructive” discussions during…
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Duqm Refinery exports over 19 million tons of refined products
Eng. Abdullah Al Ajmi, CEO of Duqm Refinery Company, highlighted the refinery’s remarkable achievements since the launch of its first…
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Kuwait blacklists Hezbollah and affiliates, freezes assets
The Committee for the Implementation of Security Council Resolutions under Chapter VII of the United Nations Charter — affiliated with…
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Boursa closes ‘down’ as Premier Market Index declines
The Kuwait Stock Exchange (KSE) closed Sunday’s trading session with its general index down by 19.23 points (or 0.22%) to…
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GDP data for the first quarter of 2025 shows modest growth
Kuwait’s Central Administration of Statistics has released its GDP data for the first quarter of 2025, showing modest growth. At…
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Only 8% of Kuwaiti firms disclose q2 results as deadline approaches
Despite the fast-approaching August 15 deadline for listed companies to disclose their Q2 2025 financial results (ending June 30), the…
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