Business
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Citizens receive 64 million dinar support from ministry in two months
2.1 million benefited by February’s end; includes Kuwaitis, GCC citizens, Bedoons, and sponsored domestic workers. Kuwaiti households faced costs due…
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ITL World named Kuwait’s leading travel management firm for third year running
• Since its official launch in 1998, ITL World prides itself on being a game-changer in the industry. As an…
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Kuwait envisions unified real estate hub for investors
The Direct Investment Promotion Authority is considering establishing a unified real estate window unit, which would provide all services related…
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Kuwait banks take bold steps to freeze accounts, halt credit cards
The Ministry of Interior shared civil numbers of 200 individuals with banks, at their request, whose nationalities were revoked. This…
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Kuwait Oil Company unveils 110 million dinars budget for cutting-edge facility
The gas desalination and sulfur extraction facility in project in western Kuwait is scheduled to be implemented in accordance with…
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Kuwait’s oil projects halt as Central Tenders Authority faces disruption
The disruption in the Central Agency for Public Tenders operations following the expiration of its members’ terms, who used to…
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Kuwait explores used tires as alternative fuel source
Government calls for cutting used tires, converting them into fuel, and then using them in factory furnaces instead of fossil…
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PUMC’s 2023 profits hit historic high
• PUMC sees 25% increase in profits compared to 2022 • Over 10 million Dinars in profits for 2023 gained…
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Kuwait’s exports to China reached $2.55 billion in first quarter of 2024
Gulf countries’ imports from China rose to $31.08 billion in the first quarter, up from $27.64 billion in the same…
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Boursa Kuwait’s Q1 net profit up 8.63% to hit 4.68 million dinars
The Kuwait Stock Exchange showed flexibility in addressing challenges in the past year and into Q1 2024, relying on strategic…
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