Business
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Uzbekistan, United States launch joint investment platform to boost long-term economic cooperation
Uzbekistan and the United States have announced the launch of a new joint investment platform aimed at financing major bilateral…
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Brent crude dips below $80 per barrel following Hormuz reopening announcement
Brent crude oil prices dropped below $80 per barrel for the first time since early March, following a sharp market…
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US oil inventories hit record low in more than four decades
Data of the Department of Energy’s Strategic Petroleum Reserve (SPR) show that the US overall oil inventories, including commercial stocks,…
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Kuwait signs 84.6m dinars contract for 400kV overhead power lines project
The Ministry of Electricity, Water and Renewable Energy has signed a contract worth KD84.667 million for the supply and installation…
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Global markets react to US-Iran breakthrough, Bitcoin, gold rise, oil falls
Global financial markets rallied sharply after the United States and Iran announced an agreement to end hostilities and reopen the…
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Global legal transformations reshape confidence standards in business and investment environments
As global markets become increasingly interconnected and legal certainty grows in importance as a decisive factor in investment decisions, participation…
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99% digital payments in Kuwait give boost to e-commerce growth
Visa Vice President and General Manager for Kuwait and Qatar, Shashank Singh, said Kuwait is leading GCC countries in adopting…
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UK intercepts Russian shadow fleet oil tanker in English Channel
British armed forces have intercepted a Russian “shadow fleet” oil tanker in the English Channel in the early hours of…
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Kuwait non-oil exports reach 872.8 million dinars in first four months of 2026
Kuwait recorded non-oil export certificates worth approximately KD 872.8 million during the first four months of 2026, reflecting strong performance…
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Kuwait oil price drops $6.20 to $94.84 per barrel
Kuwait’s crude oil price fell by $6.20 to $94.84 per barrel on Friday, down from $101.04 per barrel recorded the…
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