Business
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Trump announces plans to build $6.6 billion shipyard at Sparrows Point
US President Donald Trump on Tuesday announced plans to build the largest new shipyard in the United States since World…
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Wamd payments totaled 7.7 billion dinars in first eight months of 2026
Banks turn to Wamd for safer, more traceable transfers as payment links fade Kuwait’s banking sector is preparing to phase…
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Kuwait oil prices rise $1.31 to $107.22 per barrel
The price of Kuwaiti oil rose by USD 1.31 to USD 107.22 per barrel in Monday’s trading, compared with USD…
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Kuwait non-oil private sector growth continues as PMI hits 52.4 points
Business confidence reaches seven-month high as firms increase hiring and purchasing Kuwait’s non-oil private sector continued to expand in September,…
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Kuwait remittances surge 18.2 percent to $16.7 billion in 2025
Remittances sent by workers in Kuwait to overseas destinations jumped 18.2 percent in 2025 to $16.7 billion, giving Kuwait the…
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Kuwait currently produces around 2 million barrels per day
Kuwait is currently producing around 2 million barrels of oil per day, equivalent to about 75 percent of its pre-war…
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Jazeera Airways to relaunch direct flights to Yerevan
Jazeera Airways announces the relaunch of direct flights between Kuwait and Yerevan, the capital of Armenia, from December 3, 2026,…
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Kuwait real estate auctions generate 9.63 million dinars in September
Real estate auctions conducted by the Execution Department at Kuwait’s Ministry of Justice generated 9.63 million dinars from the sale…
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Qibla, Salmiya and Shuwaikh lead Kuwait’s real estate price rankings
The third-quarter data points to a highly segmented Kuwait property market, where established central districts continue to command substantial premiums…
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Middle East oil exports recover to pre-Iran war levels
Crude oil exports from the Middle East rose above pre-war levels in four of the seven days of the final…
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