Business
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LuLu retail wins ‘Best IPO in the Middle East’ award at EMEA finance achievement awards
LuLu Retail Holdings PLC, the region’s leading ‘full-line’ retailer, has been honored with the prestigious “Best IPO in the Middle…
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Oil prices up 2% amid ceasefire hopes; US interest rate speculation as US dollar weakens
Following the second day of a US-Qatari-sponsored truce between Israel and Iran, and with US President Donald Trump hinting at…
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Chinese Premier warns of escalating global trade tensions at ‘Summer Davos’
Chinese Premier Li Keqiang on Wednesday cautioned against the growing wave of global protectionism, warning that trade tensions are escalating…
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Kuwaiti oil price drops $6.98 to $69.34 per barrel
The price of Kuwaiti oil recorded a sharp decline of $6.98 on Tuesday, settling at $69.34 per barrel, down from…
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AEO Chief says, committed to Arab cooperation and sustainable energy security
The Secretary-General of the Arab Energy Organization, Jamal Al-Loughani, reaffirmed the organization’s commitment to strengthening joint Arab cooperation and supporting…
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Kuwait opens door for oil firms to build solar power plants under new energy law
Ministry of Electricity, Water and Renewable Energy said recent amendments to legislation governing electricity generation projects will now permit oil…
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Oil prices plunge 6% as Middle East tensions ease after fragile ceasefire
Oil prices tumbled nearly 6% today, reaching their lowest levels in two weeks, as fears eased over Middle East supply…
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Kuwait tightens scrutiny on hidden corporate ownership in complex structures
Regulatory authorities in Kuwait have flagged serious loopholes in complex corporate structures that enable concealment of true beneficial owners, facilitating…
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Kuwait Stock Exchange soars after Iran-Israel ceasefire agreement
The Kuwait Stock Exchange surged across all major indices this morning, reflecting a wave of investor optimism following the official…
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Al-Adan Hospital first in Kuwait to join FLS program
Al-Adan Hospital has achieved a significant milestone by becoming the first hospital in Kuwait to register with the Fracture Liaison…
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