Business
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As nations race to secure place in future, Kuwait charts a bold economic move
In a rapidly evolving global economy, where nations are racing to secure their place in the future, Kuwait has chosen…
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Kuwait under pressure to enforce fines on firms failing to disclose beneficial owners
In response to directives from the Financial Action Task Force (FATF), the Kuwaiti Ministry of Commerce and Industry is under…
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MAGRABI retail group to acquire leading Kuwaiti retailer Kefan Optics
MAGRABi Retail Group, the Middle East’s leading eyewear retailer, announces the proposed acquisition of 100% of the issued share capital…
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CMA pushes market modernization; judicial powers assigned to staff
Imad Tifouni, Chairman of the Board of Commissioners of the Capital Markets Authority (CMA), has issued Resolution No. 92 of…
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Kuwait plans to borrow up to 6 bln dinars to fund projects
Faisal Al-Muzaini, Director of the Public Debt Department at the Ministry of Finance, announced that Kuwait plans to borrow between…
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Gulf inflation up 1.7% in 2024, still below EU and major trade partners
The Statistics Center of the Gulf Cooperation Council (GCC-Stat) announced that the annual inflation rate across GCC countries rose by…
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Japan offers ample opportunities for Kuwaiti businessmen, entrepreneurs
The Japanese Ambassador to Kuwait, Kenichiro Mukai, said Kuwaiti businessmen and entrepreneurs have numerous investment opportunities in Japan, supported by…
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Summer Getaways Start at Only KD 19 with Jazeera Airways
Jazeera Airways, Kuwait’s leading low-cost airline is inviting travelers to experience a summer like never before with an exclusive limited-time…
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Kuwait’s KUFPEC gets green light to develop Anambas offshore gas block
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) has received official approval to proceed with the development of the Anambas Working…
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PPP Authority opens prequalification for Dabdaba, Shagaya energy projects
The Public-Private Partnership Projects Authority, in coordination with the Ministry of Electricity, Water, and Renewable Energy, has officially invited companies…
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