Business
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‘Agreement between KAC and Visit Kuwait marks a milestone toward a modern tourism industry’
The Minister of Information and Culture and Minister of State for Youth Affairs, Abdulrahman Al-Mutairi, affirmed that the signing of…
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Real estate transactions reach 73 million dinars in one week
Statistics released on Tuesday by the Real Estate Registration and Documentation Department at the Ministry of Justice showed that real…
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‘Wafir Auction’ strengthens Kuwait’s food security; 70% of local produce marketed through Sulaibiya hub
As part of ongoing national efforts to promote local agricultural produce and enhance Kuwait’s food security, the Wafir Company Auction…
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Kuwait Oil Company drills deep Jurassic reservoirs in ambitious offshore exploration push
The Kuwait Oil Company has begun drilling operations in deep Jurassic reservoirs in Kuwaiti offshore waters, marking a significant step…
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Seeds of change: India’s $68 million Kapas Kranti Mission transforms cotton farming
The Kapas Kisan App is ushering India’s cotton ecosystem into the digital age. Farmers will track every transaction, from booking…
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Collecting personal commercial dues via ‘Wamd’ and ‘Link’ is forbidden
As part of intensified regulatory measures to combat money laundering and terrorist financing, banks have expanded their monitoring of funds…
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Kuwaiti, foreign banks brace for fierce competition in real estate financing as new law looms
As Kuwaiti banks anticipate the approval of the real estate finance law, foreign bank branches operating locally are preparing to…
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AI boom or bubble? Global investments soar to trillions as corporate adoption slows
Economists are beginning to question whether AI’s promised revolution in productivity and efficiency will materialize. Carl-Benedikt Frey of the University…
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Kuwaiti banks issue 7.37 million cards as digital payments surge and cash use declines
The number of point-of-sale (POS) devices used for electronic payments grew by 8,680 units year-on-year, reaching 109,229 devices by September…
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US remains Kuwait’s top investment, trade partner; trade volume reaching $3.4 billion in 2023: KCCI
The Kuwait Chamber of Commerce and Industry affirmed that the United States of America remains the leading destination for Kuwait’s…
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