Business
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Historic India–Arab Chamber launch signals shift to innovation, SMEs and strategic trade
India and the Arab world have taken a major step toward reshaping their economic partnership with the launch of the…
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Make hay while the sun shines; Kuwait to soon purchase solar power from homes
Kuwait remains committed to the global carbon transition, focusing on solar and wind energy alongside hydrogen fuel development The Undersecretary…
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Industrial investment in GCC hits $626.4 billion; Kuwait’s sector shows strong growth
Industrial investment across the Gulf Cooperation Council (GCC) region increased significantly at the beginning of 2026, according to the latest…
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Kuwait issues new regulations for food delivery services
Minister of Commerce and Industry Khalifa Al-Ajil has issued Ministerial Resolution No. 10 of 2026, introducing new rules for organizing…
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Foreign deposits surge to record levels, reflect confidence in Kuwaiti banks
Kuwait’s banking sector continues to attract strong international confidence, as foreign deposits in local banks soared to 6.3 billion dinars…
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Oil at $60 deepens Kuwait budget deficit outlook for 2025–26
Al-Shall Economic Report indicated that by the end of January 2026 — the tenth month of the 2025–2026 fiscal year…
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Crypto platform mistakenly sends $40bn in Bitcoin to users
A cryptocurrency trading platform has apologized after mistakenly transferring Bitcoin worth an estimated $40 billion to users, an error that…
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Duqm Refinery exports 633 shipments since launch, CEO says
The CEO of Kuwait’s Duqm Refinery and Petrochemical Industries Company, Engineer Abdullah Al-Ajmi, announced that 633 shipments have been exported…
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India and GCC nations set stage for free trade talks, boosting economic ties
Amid a rush of trade deals with advanced countries, India and the six-nation Gulf Cooperation Council (GCC), which includes the…
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Bitcoin and Ether recover, but weekly losses mount amid market volatility
Bitcoin rebounded on Friday after briefly testing the key $60,000 level, as signs emerged that the global sell-off in technology…
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