Business
-
Gulf States poised to become central players in renewable energy sector
The Arabian Gulf Business Insight website reported that the current oil price is lower than what Gulf countries require for…
Read More » -
‘SHEIN’ and ‘TEMU’ dominate Kuwaiti e-commerce with 28,000 daily Orders
Al-Qabas reported that the Chinese e-commerce platforms SHEIN and TEMU are gaining significant business in Kuwait, with SHEIN delivering about…
Read More » -
Kuwait Stock Exchange bids farewell to 2024 with 3.3 billion dinars in gains
The Kuwait Stock Exchange bid farewell to 2024, with impressive gains of approximately 3.3 billion dinars, as the market value…
Read More » -
Kuwait’s Central Bank imposes financial limits on cards and payment transactions
The Central Bank of Kuwait has issued a circular to all local banks outlining new financial limits for bank cards…
Read More » -
Multinational companies shift focus to Gulf countries for growth opportunities
The Gulf States have begun adopting a global minimum corporate tax of 15%, yet strategic incentives continue to attract multinational…
Read More » -
Import financing from banks reached 7.22 billion dinars in 11 months
The data from the Central Bank of Kuwait revealed that the volume of import financing from local banks reached 7.22…
Read More » -
Kuwait’s non-oil sector contributes 20.5 billion dinars to GDP in 9 months
The added value of Kuwait’s non-oil sector to the Gross Domestic Product (GDP) during the first three quarters of 2024,…
Read More » -
Kuwait sees significant increase in development project expenses
In a clear indication of the government’s commitment to achieving and accelerating the implementation of its development plan projects, expenditures…
Read More » -
LuLu Hypermarket recognized globally for exceptional data security measures
LuLu Hypermarket, a prominent leader in the regional retail industry, has earned international acclaim for its exceptional data security measures…
Read More » -
Kuwaiti projects market grows by 7.9% in 12 months
According to regional projects tracker ‘MEED Projects’ the value of Kuwait’s active projects market increased by approximately 7.9%, reaching $194…
Read More »