Business
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Real Estate Union calls for secure, organized storage areas in Kuwait
The Real Estate Union urged authorities to enhance oversight and enforcement of laws and regulations, emphasizing continuous monitoring, inspection, and…
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Kuwait expands commercial licensing sectors to 30 in 2024
The total number of commercial licenses issued during the first four months of 2024 increased by 31.2% to 769 licenses…
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Kuwait awards projects worth $1.1 billion in May
Middle East and North Africa (MENA) region recorded an estimated $24.7 billion in contract awards in May 2024 Saudi Arabia…
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Beyout Investment Group to focus on expansion in service sector
PUBLISHED IN COOPERATION WITH Abdulrahman Al-Khannah, CEO of Beyout Investment Group (BIG) talks with The Business Year (TBY) about how…
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KPI signs partnership agreement with Italy’s Fox Petroli to produce biofuels
Kuwait Petroleum International (KPI) announced on Wednesday completing the agreement to to acquire a 50 percent stake in Italy’s Eco…
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Kuwait’s non-oil exports surge by 7.6% to KD 102.5 million in first four months of 2024
Non-oil exports of Kuwaiti origin to the Gulf Cooperation Council countries accounted for the largest percentage of total exports worldwide.…
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Non-oil sectors in GCC nations poised for resilient growth
Growth forecasts for GCC countries have been revised down to 2.2% from the previous estimate of 2.7% three months ago.…
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Banking sector drives profits for Kuwaiti listed companies
• Net profits of 134 listed companies in Kuwait grew by 0.3% to KD 727.6 million in Q1 2024 compared…
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Nepal Ambassador Explores Business Opportunities at Lulu Hypermarket Kuwait
The Nepal Ambassador to Kuwait, His Excellency Ghana Shyam Lamsal made a significant visit to the regional office of Lulu…
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Kuwait signs five year deal for aviation infrastructural overhaul
The Central Administration of Civil Aviation in Kuwait signs an agreement with Dar Al-Handasah Design and Technical Consultation Company, for…
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