Business
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Kuwait to sustain large current account surpluses through 2025
According to a recent report by the Institute of International Finance, the Gulf Cooperation Council countries have managed to navigate…
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‘Fitch’ reports oil prices to balance most Gulf budgets in 2025
A recent report by Fitch Ratings expects oil prices to exceed the level needed to balance the budgets of most…
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Oil prices expected to exceed ‘break-even’ levels in Gulf budgets in 2025
Fitch Ratings has set a “neutral” economic outlook for the Middle East and North Africa (MENA) region in 2025. This…
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Kuwait’s foreign exchange reserves increases to 127 million dinars in November
The latest monthly bulletin issued by the Central Bank of Kuwait revealed that the country’s foreign exchange reserves increased at…
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Kuwaiti banks achieve unprecedented financial safety indicators by Q3 2024
Kuwaiti banks are considered as one of key pillars of the national economy, supported by strong financial indicators that strengthen…
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Kuwait’s digital future unveiled at inaugural ‘Thought Leadership Circle Event’
The first event of the ‘Thought Leadership Circle Events Series’ co-hosted by the ‘Kuwait Direct Investment Promotion Authority (KDIPA)’ and…
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KOC: Proactively preparing for shifts in global energy demand
PUBLISHED IN COOPERATION WITH In a recent interview with The Business Year (TBY), the CEO of Kuwait Oil Company (KOC),…
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Kuwait revamps business landscape for innovation and growth
• Gulf countries have taken major steps to ease supply chain disruptions and facilitate trade, increasingly turning to Asia, which…
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Kuwait Stock Exchange gains over half a billion dinars in November
The Kuwait Stock Exchange closed November trading with market gains of approximately KWD 523 million, a 1.2% increase, bringing the…
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‘Global Public Cloud’ spending expected to reach $723 billion by 2025
According to Gartner’s latest forecast, the worldwide end-user spending on the public cloud, will reach $723.4 billion in 2025, up…
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