Business
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286,600 dinars in precious metals fees reflects growing market surveillance drive
The Ministry of Commerce and Industry has recorded a significant growth in inspection, licensing, compliance monitoring and precious metals oversight…
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Kuwait, Qatar, Iraq poised for strong economic growth in 2027
Kuwait is expected to be among the fastest-growing economies in the Gulf in 2027, with the International Monetary Fund (IMF)…
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Brookfield Explores Investment Opportunities in Kuwait’s Infrastructure Sector
Global investment giant Brookfield Asset Management is exploring opportunities to participate in Kuwait’s ambitious infrastructure development program, signaling growing international…
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AZ eWallet partners with Al Muzaini Exchange to launch international remittance services
AZ eWallet, a Central Bank of Kuwait (CBK)-licensed electronic money institution and one of Kuwait’s leading digital wallet providers, is…
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Gold retreats as traders await clues on US interest rate outlook
Gold prices edged lower on Tuesday after reaching a two-week high in the previous session, as investors adopted a cautious…
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Microsoft to slash 4,800 jobs in sweeping Xbox gaming division shake-up
The layoffs come as major technology companies face mounting pressure to justify enormous investments in artificial intelligence infrastructure. Industry-wide AI…
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Kuwait bank financing for imports falls to 3.33 billion dinars in five months
Despite challenges, Kuwaiti banks continued to support businesses by offering financing solutions for imported goods, raw materials and shipping costs…
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Oil prices ease after OPEC+ agrees to raise August output
Oil prices edged lower on Monday after OPEC+ agreed to increase its production targets starting in August, raising expectations of…
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Gold remains firm following weaker-than-expected US jobs growth
Gold prices held close to a two-week high on Monday after weaker-than-expected US employment data reduced expectations that the Federal…
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OPEC+ approves 188,000 bpd output hike led by Saudi Arabia, Russia, Kuwait for August
The OPEC+ alliance agreed on Sunday to raise oil production quotas once again, as Gulf countries continue recovering from disruptions…
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