Business
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Bitcoin dips below $60,000 for first time since October 2024
The price of Bitcoin fell below $60,000 on Friday for the first time since October 2024, affected by declining demand…
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OPEC says oil demand remains strong despite Middle East tensions
OPEC expects robust oil demand growth and is not changing its estimates, Secretary General Haitham Al Ghais said on Thursday…
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Kuwait tightens gold trade rules, introduces mandatory invoicing
Kuwait has introduced a comprehensive new regulatory framework for the gold, jewellery, and precious metals sector, requiring traders to issue…
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KNET launches new fast-track payment system without bank selection
KNET, Kuwait’s national electronic payment gateway, will begin rolling out a major upgrade to its payment mechanism starting tomorrow, introducing…
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Indonesia currency crisis deepens as rupiah breaks 18,000 level against US dollar
Indonesia’s rupiah weakened past the 18,000-per-US dollar level for the first time on Thursday, marking a record low as rising…
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Kuwait can restore 70% of oil production within 8 weeks after Hormuz reopens
Kuwait Petroleum Corporation expects the country to restore around 70 percent of its oil production within six to eight weeks…
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S&P Global survey shows Kuwait business conditions improve despite regional tensions
The latest Purchasing Managers’ Index (PMI) survey issued by S&P Global indicates that businesses in Kuwait are demonstrating resilience despite…
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Connecting the future: Leadership evolution in Kuwait’s oil and gas sector
By Dr. Pupjana Kole Organizational Leadership Researcher Oil and Gas Sector Special to The Times Kuwait In Kuwait and the…
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Alphabet prepares $80 billion equity sale to fund expanding AI push
On Monday, Google parent company Alphabet announced that it plans to sell $80 billion (€69 billion) in stock to fund…
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Kuwait awards contracts worth $6.27 bln in first four months of 2026
Kuwait awarded contracts worth $6.27 billion in the first four months of 2026, driven by major oil, energy and infrastructure…
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