Business Archives - Page 50 of 75

July 13, 2024

248

Local banks’ cash credit balances soar 3.2% to reach KD 1.74 billion

Industrial financing surged by 200.4 percent, increasing by KD 50.7 million from KD 25.3 million to KD 76 million during…

July 11, 2024

271

Google Cloud opens new offices in Kuwait to accelerate digital transformation

Kuwait Direct Investment Promotion Authority (KDIPA) announced the opening of Google Cloud new offices in Kuwait to promote digital transformation…

July 10, 2024

273

Shipping costs fuel 30% price hike for basic commodities in Kuwait

Global turmoil exacerbates supply chain instability, driving up global commodity prices and inflation post-COVID-19 lockdowns. Mishaal Al-Manea, Chairman of the…

July 8, 2024

252

Kuwait ranks 5th in largest exports in Arab region list

The Arab Investment and Export Credit Guarantee Corporation (Dhaman) said on Monday that Kuwait was ranked fifth in Dhaman’s largest…

July 7, 2024

368

Kuwait’s loan percentage surges to 5.5-6%, totaling KD 9.3 billion

Second were loans at 5.5-6%, making up 16.9% of total facilities at KD 7.7 billion. Third were loans at 4.5-5%,…

July 4, 2024

527

Kuwait Oil Company inks nine contracts to bolster heavy oil production

• The contracts are unique in that they are the first time KOC has signed drilling rig contracts with local…

July 4, 2024

338

Toyota sets new standards for on-road comfort and off-road performance

• Timeless design that embodies the maneuverability, functionality, and simplicity • New GA-F body-on-frame provides essential strength and rigidity •…