Business

Global markets brace for higher rates as oil, spending fuel inflation risks

Markets price nearly 400 basis points of increases across seven major economies as oil, fiscal spending and AI investment reshape…

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Sheikh Athbi praises Kuwaiti farmers, backs local produce at Abdali Festival

Sheikh Athbi Al-Athbi praises farmers and highlights the role of local production in food security Farwaniya Governor and Acting Governor…

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Fitch sees geopolitical risk impact easing across Gulf bond market

The impact of recent geopolitical tensions on Gulf investment-grade bonds and sukuk has eased significantly, although risks remain more pronounced…

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Overseas Filipino remittances reach $3.04 billion in June, highest in first half of 2026

Preliminary BSP data released Monday showed that June cash remittances rose 1.7 percent from $2.99 billion recorded in the same…

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$7 billion Dorra gas development moves ahead with new consultancy tender

The development of the Dorra offshore gas field is moving forward as Khafji Joint Operations extends the deadline for companies…

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Kuwait tightens money-laundering reporting rules, orders banks to respond within one day

Kuwait’s financial regulatory authorities have tightened requirements for banks and other financial institutions to provide complete, accurate and electronically searchable…

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KSE holds steady as liquidity reaches 86m dinars, Main 50 gains 0.84 pc

Kuwait’s stock market closed nearly flat on Sunday, with liquidity reaching KD86 million as regional geopolitical uncertainty continued to weigh…

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KOTC issues tender to renovate crisis room, upgrade smart command center

The project will cover the renovation of the crisis room and upgrading of the company’s smart command centre. The Kuwait…

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