Business
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Foreign investment in Kuwait’s listed banks drops 12.5% to 4.535b dinars by Q3 end
Foreign investments in Kuwait-listed banks fell to 4.535 billion dinars ($13.967 billion) by end-Q3 2026, down from 5.182 billion dinars…
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Kuwait’s overseas assets climb 6.6 pc to 76.78 billion dinars by end March 2026
Kuwait’s total foreign assets rose by 6.6 percent in the first quarter of 2026, reaching 76.782 billion dinars, compared with…
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IMF says oil-exporting economies face contraction in 2026, predicts strong rebound in 2027
Oil-exporting economies directly affected by energy and trade disruptions stemming from the war in the Middle East are expected to…
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Kuwait banks finance 4.38b dinars in imports in eight months down from 6b
Local Kuwaiti banks provided approximately 4.38 billion dinars in financing for imports during the first eight months of 2026, down…
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Trump launches $50b Alaska LNG mega project after major Asia energy deals
US President Donald Trump announced Wednesday the launching of the Alaska LNG Project, characterizing it as the largest energy infrastructure…
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Anti-money laundering committee meets to enhance inter-agency cooperation
The National Committee for Combating Money Laundering and Terrorist Financing convened a meeting Wednesday chaired by Committee Chairman and Head…
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Kuwait, UK discuss enhancing civil aviation cooperation
Director of the Public Authority of Civil Aviation (PACA) Sheikh Humoud Mubarak Al-Humoud Al-Sabah discussed on Wednesday with the United…
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OAPEC holds 3rd seminar on cutting carbon emissions in downstream oil industries
The Organization of Arab Petroleum Exporting Countries (OAPEC), in cooperation with Saudi Arabia’s Ministry of Energy, launched the third seminar…
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OPEC raises 2027 oil demand forecast to 2.55 bpd as Saudi output surges
The Organization of the Petroleum Exporting Countries (OPEC) has raised its forecast for global oil demand growth in 2027 to…
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Kuwait studies four-to-five-year oil pipeline projects to bypass Hormuz
KPC CEO Sheikh Nawaf Al-Sabah said the corporation was in talks with both countries on expanding pipeline capacity to handle…
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