Business
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Gulf-Asian partnership key to economic, investment coop, says Al-Budaiwi
Gulf Cooperation Council (GCC) Secretary-General Jassem Al-Budaiwi said on Wednesday that the economic partnership between GCC countries and Asian nations…
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IMF warns of AI investment slump, bond market shock
Fund flags rising debt exposure, vulnerabilities in banks and hedge funds, and growing cyber risks as potential triggers of widespread…
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Kuwait oil gains $1.27 to $106.95 per barrel
Kuwait oil gained USD 1.27 during Monday’s trading to reach USD 106.95 per barrel compared with USD 105.68 per barrel…
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Global growth to slow to 3.1 pct in ’26, rebound to 3.4 pct next year, says IMF
The International Monetary Fund noted that global economic growth endured so far, but “rising inflation and narrowing buffers demand policy…
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Kuwait moves to bar security-flagged companies from government contracts
Kuwait is moving towards a unified mechanism to prevent companies and commercial entities facing security restrictions or observations linked to…
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GCC targets $2.4 trillion economic powerhouse status through deeper integration
GCC Secretary General Jasem Al-Budaiwi said Sunday that accelerating economic unity pathways and completing the Customs Union and the GCC…
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Kuwait’s used-car market to touch $3.94 billion by 2031 as auctions and digital sales gain ground
Market value projected to reach $1.91 billion in 2026 and $3.94 billion by 2031, as rising vehicle imports, fleet turnover…
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Kuwait banks step up competition with four percent loans for premium customers
Kuwait’s banking sector is witnessing intensified competition over premium customers, with medium-sized and smaller banks challenging lenders that have recently…
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India’s export shows 15.55 percent surge to $399.27 billion in April-August
India’s export economy is gaining momentum, with electronics, engineering goods and digitally delivered services increasingly complementing traditional export sectors and…
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Kuwait oil price drops to $102.80 per barrel
The price of Kuwaiti oil went down USD 4.42 to reach USD 102.80 per barrel during Tuesday’s trading, compared to…
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