Business
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Brazil set to cut into China’s rare earths dominance
Brazil is seeing increasing demand for its vast reserves of rare earth elements. Global mining giants are betting on Brazil…
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Kuwait restructures oil sector, KIPIC to be dissolved and fully merged into KNPC
Kuwait has officially approved a major restructuring within its oil sector, dissolving the Kuwait Integrated Petroleum Industries Company (KIPIC) and…
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Jazeera Airways relaunches direct flights to Budapest this summer
Jazeera Airways, Kuwait’s leading low-cost carrier, announced the relaunch of direct flights between Kuwait and Budapest, Hungary on the sidelines…
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GCC economies accelerated diversification and growth by end of 2025
By Tareq Yousef AlShumaimry Former Secretary-General of the Commercial Arbitration Centre of the Gulf Cooperation Council The economies of the…
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Kuwait banks compete for 110-million-dinar govt deposits as funding race intensifies
Competition for government deposits, has reportedly, once again come to the forefront of Kuwait’s banking sector, with a renewed race…
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KPC floats 8 major tenders worth up to 126.6 million dinars across key oil projects
The Supreme Purchasing Committee of the Kuwait Petroleum Corporation (KPC) and its subsidiaries has floated eight major tenders and contracts…
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Kuwait to host 25th Global Gold and Jewelry Exhibition from June 22 – June 27
Minister of Commerce and Industry Osama Boodai has issued a ministerial decision authorizing the Kuwait International Fair Company to organize…
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Rising fuel prices and export drop threaten Sri Lanka’s US$1.5 billion tea industry
Sri Lanka’s tea industry, long considered one of the country’s most important economic pillars, is facing mounting pressure from rising…
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Jazeera Airways launches first direct flight from Kuwait and Milan Bergamo
Jazeera Airways, Kuwait’s leading low-cost carrier inaugurated its direct flight between Kuwait and Milan Bergamo Airport today (Friday), May 22,…
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Adeeb Ahamed named to Washington Post Intelligence Council on AI & Technology
Washington Post Intelligence, the intelligence and advisory platform of The Washington Post, has named Adeeb Ahamed, Managing Director of LuLu…
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