Business
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Total loans, credit facilities granted by Kuwaiti banks touch 64.9 billion dinars
Data released by the Central Bank of Kuwait (CBK) showed continued growth in the country’s banking sector during the first…
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Meta’s WhatsApp to be led by Indian startup founder Kunal Shah
Indian fintech firm CRED’s founder Kunal Shah will become Meta-owned WhatsApp’s new leader, the messaging app’s current head Will Cathcart…
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Price of Kuwaiti barrel of oil falls to $85.07
The price of Kuwaiti oil fell by 59 cents to $85.07 per barrel in trading on Monday, compared to $85.66…
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Kuwait prepares to open financial bids for 1,100 MW Shagaya Solar Project
The authority is also pursuing opportunities to develop and manage strategic state-owned assets through private sector participation, including projects at…
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Kuwait’s holdings of U.S. Treasuries hit record $67.6 billion in April
Kuwait’s holdings of U.S. Treasury securities rose to a record high at the end of April, driven by steady increases…
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GCC retailers told to overhaul strategies amid rapid digital disruption
A new report by Boston Consulting Group (BCG) has urged retail real estate developers across the Gulf Cooperation Council (GCC)…
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Oil falls nearly 2 percent after U.S.-Iran talks end in Switzerland
Oil prices fell on Monday after talks between the United States and Iran concluded in Switzerland, easing concerns over potential…
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Uzbekistan eyes stronger tourism ties with Kuwait as visitor numbers surge
Uzbekistan is stepping up efforts to attract Kuwaiti tourists and investors as part of a broader strategy to expand its…
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Kuwait’s Q1 trade exchange falls to 7.2 bln dinars amid global market pressures
Surplus drops to 1.77 billion dinars, foreign trade slows Saudi Arabia remains top market for Kuwaiti non-oil exports despite trade…
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KPC accelerates drilling expansion with 25 tenders worth 1.216 bln dinars
The latest investments form part of Kuwait’s broader efforts to modernize its energy infrastructure, expand production capabilities and strengthen its…
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