Business
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Kuwaiti oil climbs to $77.34 a barrel despite global crude sell-off
The price of Kuwaiti oil rose by 53 cents to $77.34 per barrel in Friday’s trading, up from $76.81 per…
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EC takes stock of situation on oil markets amid Middle East developments
In a meeting of the Oil Coordination Group held today, the European Commission and EU countries discussed the security of…
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MEED Projects market in Kuwait holds firm at $240b
Kuwait’s projects market demonstrated resilient stability during the latest review period, with the total value of active and planned projects…
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ALSAYER & Toyota Introduce the All-New RAV4 in Kuwait
Mohamed Naser Al Sayer & Sons Est. Co. W.L.L and Toyota have launched the all-new RAV4 in Kuwait, marking a…
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Gold continues downward trend, falls below $4,000 per ounce in over seven months
Gold prices continued their downward trend on Thursday after sinking to their lowest level in more than seven months in…
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Elon Musk loses trillionaire status as Tesla and SpaceX stocks tumble
Elon Musk has dropped below the trillion-dollar net worth mark after a sharp downturn in global technology stocks wiped out…
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Oil prices fall as Strait of Hormuz supply fears ease, tankers resume exit routes
In Kuwait, the price of a barrel of crude oil declined by $1.48 to $83.59, reflecting the broader weakness in…
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Minister Al-Rifai champions Kuwait’s development vision at OPEC Fund council meeting
Reaffirming Kuwait’s longstanding commitment to international development cooperation and sustainable economic growth, Minister of Finance Dr. Yaqoub Al-Rifai led Kuwait’s…
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Stronger dollar pushes gold to near two-week low
Gold prices slid for a second straight day on Wednesday, hitting their lowest level in nearly two weeks as a…
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Franklin Templeton begins operations in Kuwait, gives boost to financial hub status
The Kuwait Direct Investment Promotion Authority (KDIPA) has announced that global asset management giant Franklin Templeton has officially commenced operations…
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