Business
-
Capital Markets Authority reports 5.05 billion dinars in assets
The combined assets of 65 companies licensed by Kuwait’s Capital Markets Authority (CMA) to conduct securities activities, excluding banks, rose…
Read More » -
Oil prices tumble more than 6% after US pauses Iran strikes
Oil prices fell more than 6% on Monday after the United States and Iran paused a two-week exchange of attacks,…
Read More » -
Markets rally on US-Iran de-escalation; oil and dollar retreat
The U.S. dollar edged lower while the euro and British pound gained on Monday after the United States paused its…
Read More » -
GCC countries strengthen global standing in 2026 Competitiveness Rankings
The Gulf Cooperation Council (GCC) countries have reinforced their position among the world’s most competitive economies, with strong performances across…
Read More » -
Jazeera Airways launches PAYDAY20 sale offering up to 20% off across network
Jazeera Airways, Kuwait’s leading low-cost carrier, has launched its PAYDAY20 promotion, offering customers savings of up to 20% on fares…
Read More » -
Gold ends week at $4,054 as Mideast tensions and rate outlook weigh on markets
Locally, gold prices continued to reflect global market movements. The report said the price of 24-karat gold reached around 40.800…
Read More » -
Kuwait advances plans for Al-Na’ayem Economic Zone, Al-Nuwaiseeb Free Zone
The Central Agency for Public Tenders has approved a consultancy tender to update and prepare feasibility studies for the Al-Na’ayem…
Read More » -
Kuwait-backed consortium in advanced talks to acquire BP’s solar business
If completed, the transaction would represent a significant investment by the Kuwait-backed consortium in the renewable energy sector and would…
Read More » -
KPC signs historic $16 billion Shaheen Project deal to boost energy investment
The agreement is expected to generate $7.85 billion in upfront proceeds for Kuwait Oil Company (KOC), supporting major energy investments…
Read More » -
Record $18 billion demand for Kuwait Bonds signals strong global confidence
The unprecedented demand for Kuwait’s latest sovereign bond issuance, which attracted orders exceeding $18 billion against an offering size of…
Read More »