Business
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Global investment giants compete for $7.5b Kuwait oil pipeline deal despite regional tensions
$7.5bn pipeline transaction attracts BlackRock, Brookfield, KKR, Apollo and other global investors. Kuwait presses ahead with strategic energy asset deals…
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Jazeera Airways big summer sale ‘J9SUMMER’ adds 50% off on European flights
With limited seats on offer, passengers are encouraged to book early through the Jazeera Airways website: jazeeraairways.com or app using…
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Elon Musk becomes the world’s first trillionaire with SpaceX’s IPO
Elon Musk has become the first person to cross the trillionaire threshold, at least on paper, after SpaceX priced its…
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Global sukuk markets see partial recovery in liquidity, says Fitch Ratings report
Fitch Ratings has reported an improvement in liquidity levels across most rated sukuk compared with March 2026, although it noted…
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KPC opens 40 tenders in one day as firms compete for major drilling contracts
Kuwait Petroleum Corporation (KPC) and its subsidiaries opened envelopes for 40 tenders and requests for proposals in a single day,…
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KDIPA and The Business Year shed light on Kuwait’s market potential
The latest edition of the Thought Leadership Circle: Unlocking Kuwait’s Market Potential, co-hosted by KDIPA and The Business Year, convened…
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Financial Investigations Unit boosts systems to protect Kuwait’s financial integrity
Kuwait’s Financial Intelligence Unit is strengthening its capabilities to combat money laundering and terrorist financing through enhanced financial analysis, advanced…
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17 European countries sign deal to fast-track self-driving car trials
France, Germany, Italy and 14 other European countries have signed a joint declaration to coordinate autonomous vehicle testing across borders,…
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War, fuel costs, airspace disruptions drive Gulf Airlines toward $4.3 billion loss
IATA forecasts passenger demand in the Middle East will decline by 11.4 percent in 2026, while airline capacity is expected…
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OpenAI plans major ChatGPT overhaul to create AI ‘Super App’ ahead of IPO
OpenAI is preparing the most significant transformation of ChatGPT since its launch, with plans to turn the popular chatbot into…
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