Business
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Procapita’s annual report highlights Kuwait’s employment challenges
Procapita’s second annual report for the Gulf countries in 2023/2024 sheds light on Kuwait’s prominent position in facing employment challenges,…
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Gulf railway projects sparks optimism among international contractors
The resurgence of large-scale rail projects in the Gulf states has sparked optimism among international contractors, who are eyeing a…
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Cryptocurrency prices surge amid AI-linked currencies boost
Trading saw a notable uptick in cryptocurrency prices yesterday, particularly those associated with artificial intelligence (AI), following the recent announcement…
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KNPC sets new deadline for submitting bids for Al-Mutla’a project
The Kuwait National Petroleum Company (KNPC) has pushed back the deadline for submitting bids for the anticipated fuel depot project…
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NBK joins forces with LOYAC foundation in environmental volunteer initiatives
The National Bank of Kuwait (NBK) has actively participated in the LOYAC Foundation’s environmental volunteer trips and the Green Volunteering…
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Gatehouse Bank ‘Best Islamic Bank in the United Kingdom’
Gatehouse Bank, with a majority ownership held by Kuwaiti shareholders, has been honored with the prestigious “Best Islamic Bank in…
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FTSE Russell announces changes to Middle East Index in semi-annual review
FTSE Russell has disclosed its latest semi-annual review of stocks included in its emerging indices, focusing on the Middle East…
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KOC boosts production with launch of JPF 4 and JPF 5
The Kuwait Oil Company has commenced operations at its latest Jurassic production stations, JPF 4 and JPF 5, located in…
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Kuwait’s investments in US bonds soar by 7.6% to reach $46.32 billion
Kuwait’s investments in US Treasury bills and bonds surged by 7.6% as of December’s close, reaching $46.32 billion, up from…
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GlobalData forecasts 1.2 percent contraction in construction activity
The global construction industry is facing continued challenges, particularly in the housing sector, which is expected to weigh on overall…
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