Business
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Kuwait explores new law to regulate family business succession under Vision 2035
As part of Kuwait’s efforts to modernize economic legislation under Vision 2035, authorities are exploring the legal regulation of family…
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Jazeera Airways Guarantees 20% Off on All Flights and All Seats
Jazeera Airways is making summer even more exciting with a guaranteed 20% off on all flights and all seats as…
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Oil-sector contraction drags down Kuwait GDP in 2024
Kuwait’s gross domestic product (GDP) is projected to decline by 3.3 percent in 2024, bringing total GDP down to KD49.1…
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Kuwait reaffirms strategic support for restructuring the Arab Energy Organization
In a vital moment for regional energy cooperation, Kuwait reaffirmed its strong commitment to transforming the Arab Energy Organization (AEO),…
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Kuwait’s longstanding appetite for gold is waning — at least for now
In the first quarter of 2025, gold consumption in Kuwait dropped by 15 percent, with total demand falling to 3.8…
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Kuwait Stock Exchange liquidity jumps to 103.4 million dinars, up 9.19%
The liquidity on the Kuwait Stock Exchange (KSE) surged to 103.4 million dinars at the close of today’s session, marking…
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Free Trade Agreement with EU a strategic goal for Kuwait and GCC
Kuwait’s Assistant Foreign Minister for European Affairs, Ambassador Sadiq Marafi, affirmed the deepening partnership between Kuwait and the European Union,…
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Commerce Ministry moves to penalize non-compliant businesses over beneficial owner disclosure
Officials at Kuwait’s Ministry of Commerce and Industry are preparing to impose fines on commercial license holders who failed to…
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Kuwait hosts Austrian trade delegation to bolster Vision 2035 goals
In a strong reflection of Kuwait-Austria ties, Kuwait recently hosted a high-level Austrian economic delegation to deepen trade and investment…
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Oil prices drop over $2 as OPEC+ moves to accelerate production hikes
Oil prices tumbled more than $2 per barrel in early Asian trading on Monday, following the OPEC+ alliance’s decision to…
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