Business
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Zero-interest deposits exceed 10.1 bln dinars as Kuwait’s banking liquidity strengthens
A strong inflow from the private sector powered a 9.7 percent rise in total bank deposits during the first 11…
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Kuwait tightens corporate oversight; 516 firms lose license
Minister of Commerce and Industry Khalifa Al-Ajil has issued Ministerial Decision No. 196 of 2025, ordering the revocation of commercial…
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Kuwait weighs cancelling $8.7bn oil project tenders after bids exceed budgets
Kuwait is reviewing the possible cancellation of a series of major upstream oil project tenders valued at approximately $8.7 billion,…
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Turkey’s bilateral trade breaks $1bn barrier as investment ties deepen
With rapid growth across construction, defense, tourism and infrastructure, Türkiye and Kuwait are positioning their partnership for a new phase…
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Active accounts surge 111% as institutions, companies dominate trading on KSE in 2025
The institutions and companies sector continued to be the largest trader on the Kuwait Stock Exchange in 2025, accounting for…
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KOC awards $677m contracts to strengthen upstream oil and gas operations
Kuwait Oil Company (KOC) has awarded a series of contracts worth 208 million dinars ($676.8 million) to leading international oilfield…
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Kuwait’s trade surplus drops 22.2 percent to 1.17 billion dinars in 7 months
Official data released by the Central Statistical Bureau (CSB) shows that Kuwait recorded a trade surplus of approximately 1.17 billion…
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Wholesale prices in Kuwait rise 1.1 per cent year-on-year
Data released by the Central Administration of Statistics on Wednesday showed that wholesale price indices in Kuwait increased by 1.1…
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Geopolitics rattle energy markets: Kuwait stresses OPEC+ unity after US arrest of Venezuelan President
Recent global geopolitical developments, particularly the arrest of Venezuelan President Nicolas Maduro by the United States, have once again underscored…
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Kuwait’s non-oil sector ends 2025 on strong note as PMI and jobs accelerate
Standard & Poor’s Global (S&P Global) has revealed that Kuwait’s main Purchasing Managers’ Index (PMI) climbed to 54 points in…
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